Financial innovation and endogenous growth
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Each is checked against this paper’s own text: does it say what the citing paper says it does?
Laeven, Levine, and Michalopoulos (2015) and Beck, Chen, Lin, and Song (2016) find that financial innovation raises the pace of economic growth.
“Using different measures of financial innovation and a panel econometric framework, they find that financial innovation boosts the rate of economic growth.”
From Finance, Growth, and Inequality (2021) · cites this paper as Laeven, Levine, and Michalopoulos (2015)
Financial innovation is required to support technological advances and maintain long-run economic growth.
“Third, some research suggests that financial innovation might be necessary for sustained economic growth.”
From Finance, Growth, and Inequality (2021) · cites this paper as Laeven, Levine, and Michalopoulos (2015)
Laeven, Levine, and Michalopoulos (2015) suggest that financial innovation is essential for growth.
“In considering the role of financial innovation, Laeven, Levine, and Michalopoulos (2015) take a step back from recent crises and offer a broader, long-run consideration of financial development and suggest that financial innovation is essential for growth.”
From Finance, Growth, and Inequality (2021) · cites this paper as Laeven, Levine, and Michalopoulos (2015)
Cites
Initial conditions and moment restrictions in dynamic panel data models
Blundell, R., & Bond, S. (1998) · Journal of Econometrics · doi:10.1016/s0304-4076(98)00009-8 · Cited by 22,571 · see citing works
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025 · see citing works
Credit Rationing in Markets with Imperfect Information
Stiglitz, J. E., & Weiss, A. (1981) · Columbia University · doi:10.7916/d8v12ft1 · Cited by 12,769 · see citing works
“A Model of Growth: Through Creative Destruction”
Aghion, P., & Howitt, P. (1992) · Econometrica · doi:10.2307/2951599 · Cited by 7,529 · see citing works
Chapter 12 Finance and Growth: Theory and Evidence
Levine, R. (2005) · Handbook of Economic Growth · doi:10.1016/s1574-0684(05)01012-9 · Cited by 2,889 · see citing works
Self-citationThe Effect of Financial Development on Convergence: Theory and Evidence*
Aghion, P., Howitt, P., & Mayer-Foulkes, D. (2005) · Quarterly Journal of Economics · doi:10.1162/qjec.2005.120.1.173 · Cited by 962 · see citing works
Flagged first, then by citations
Cited by
Sorted by citations
Qamruzzaman, M., & Jianguo, W. (2018) · Financial Innovation · doi:10.1186/s40854-018-0103-3 · Cited by 92 · see citing works
The impact of digital finance on pollutants emission: evidence from Chinese cities
Wan, J., Pu, Z., & Tavera, C. (2022) · Environmental Science and Pollution Research · doi:10.1007/s11356-021-18465-4 · Cited by 75 · see citing works
Finance, Growth, and Inequality
Levine, R. (2021) · IMF Working Papers · doi:10.5089/9781513583365.001 · Cited by 62 · see citing works
Self-citation
- Authors
- Laeven, L., Levine, R., & Michalopoulos, S.
- Affiliations
- International Monetary Fund (US)
- Milken Institute (US)
- National Bureau of Economic Research (US)
- Corresponding author
- Levine, Ross
- Venue
- Journal of Financial Intermediation
- Publisher
- Elsevier BV
- Published
- 2015-01
- Volume
- 24
- Issue
- 1
- Pages
- 1-24
- ISSN
- 1042-9573 (ISSN-L)
- OpenAlex
- W3121626700
- Cited by
- 534
- References
- 6
- Citations by year
- 2026: 38 · 2025: 65 · 2024: 92 · 2023: 63 · 2022: 44 · 2021: 41 · 2020: 31 · 2019: 23 · 2018: 26 · 2017: 29 · 2016: 28 · 2015: 9 · 2014: 18 · 2013: 10 · 2012: 8
- FWCI
- 47.17
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Journal of Financial Intermediation (publishedVersion)
- SSRN Electronic Journal (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic theories and models
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Social Sciences › Business, Management and Accounting › Management Information Systems › FinTech, Crowdfunding, Digital Finance
- Keywords
- financial innovation, endogenous growth, Schumpeterian growth, financiers, technological innovation, innovation spillovers
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
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