The DOI matches its Crossref record; 105 of the 115 references it cites were found in a registry or an index.
The Effect of Financial Development on Convergence: Theory and Evidence*
Open accessAbstract
We introduce imperfect creditor protection in a multicountry Schumpeterian growth model. The theory predicts that any country with more than some critical level of financial development will converge to the growth rate of the world technology frontier, and that all other countries will have a strictly lower long-run growth rate. We present evidence supporting these and other implications, in the form of a cross-country growth regression with a significant and sizable negative coefficient on initial per-capita GDP (relative to the United States) interacted with financial intermediation. In addition, we find that other variables representing schooling, geography, health, policy, politics, and institutions do not affect the significance of the interaction between financial intermediation and initial per capita GDP, and do not show any independent effect on convergence in the regressions. Our findings are robust to removal of outliers and to alternative conditioning sets, estimation procedures, and measures of financial development.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
The source backs part of the claim, not all of it — or backs it for a different population, condition or comparison.
In the citing paper
“Aghion, Howitt, and Mayer-Foulkes (2005) challenge that conclusion and stress that financial development explains the speed with which countries convergence to their steady-state values.”
From Finance, Growth, and Inequality (2021) · cites this paper as Aghion, Howitt, and Mayer-Foulkes (2005)
Experimental — accuracy not yet measured
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
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
A Contribution to the Empirics of Economic Growth
Mankiw, N. G., Römer, D., & Weil, D. N. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118477 · Cited by 15,282
Legal Determinants of External Finance
LA PORTA, R., LOPEZ‐DE‐SILANES, F., SHLEIFER, A., & VISHNY, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb02727.x · Cited by 9,783
Finance and Growth: Schumpeter Might Be Right
King, R. G., & Levine, R. (1993) · The Quarterly Journal of Economics · doi:10.2307/2118406 · Cited by 8,657
Why do Some Countries Produce So Much More Output Per Worker than Others?
Hall, R. E., & Jones, C. I. (1999) · The Quarterly Journal of Economics · doi:10.1162/003355399555954 · Cited by 8,336
Financial Dependence and Growth
Rajan, R. G., & Zingales, L. (1996) · National Bureau of Economic Research · doi:10.3386/w5758 · Cited by 8,057
Innovation and Learning: The Two Faces of R & D
Cohen, W. M., & Levinthal, D. A. (1989) · The Economic Journal · doi:10.2307/2233763 · Cited by 7,530
(2012) · American Economic Review · doi:10.1257/aer.102.7.i · Cited by 7,275
The Quarterly Journal of Economics
Kuznets, S. (2024) · Routledge eBooks · doi:10.4324/9781003549741-8 · Cited by 7,177
Research works printed but not linked: 40
- Johnson Simon, 2001, American Economic Review, 1401
- Zilibotti Fabrizio, 2001, Quarterly Journal of Economics, 563
- Banerjee Abhijit V., 1999, Quarterly Journal of Economics, 1397
- Kenneth, 1969, American Economic Review, 35
- Newman Andrew, 1993, Journal of Political Economy, 298
- Robert, 1996, American Economic Review, 224
- Robert, 1992, Journal of Political Economy, 223
- Robert, 1997, Journal of Economic Growth, 1
- Weil David N., 1998, Quarterly Journal of Economics, 1025
- Demirguc-Kunt Asli, 2003, Journal of Financial Economics, 137
- Valerie, 1991, Review of Economic Studies, 195
- Spiegel Mark M., 2000, Journal of Economic Growth, 341
- Gertler Mark, 1989, American Economic Review, 31
- Hung Victor T. Y., 1998, Economica, 107
- Wesley, 1989, Economic Journal, 596
- Gregorio De, 1996, Journal of Monetary Economics, 71
- Levine Ross, 1998, Journal of African Economics, 142
- Levine Ross, 2001, World Bank Economic Review, 177
- Marin Jose Maria, 1996, Journal of Monetary Economics, 301
- 1996, Journal of Monetary Economics, 559
- Weil David, 2000, American Economic Review, 828
- Zeira Joseph, 1993, Review of Economic Studies, 35
- Parente Stephen, 2002, American Economic Review Papers and Proceedings, 164
- Jovanovic Boyan, 1990, Journal of Political Economy, 1107
- Robert, 1999, Quarterly Journal of Economics, 83
- Gary, 2002, American Economic Review, 1205
- 2000, American Economic Review, 846
- 2001, Macroeconomic Dynamics, 413
- Robert, 1993, Quarterly Journal of Economics, 717
- 10.2307/2328866 · DOI · Paper page
- 1997, Journal of Economic Literature, 726
- Loayza Norman, 2000, Journal of Monetary Economics, 31
- Robert, 1990, American Economic Review Papers and Proceedings, 92
- Gregory N., 1992, Quarterly Journal of Economics, 407
- Phelps Edmund S., 1966, American Economic Review, 75
- Stephen, 1994, Journal of Political Economy, 321
- Stephen, 1999, American Economic Review, 1233
- 1997, Review of Economic Studies, 173
- 1997, Journal of Economic Perspectives, 3
- Johnson Paul A., 1998, Quarterly Journal of Economics, 965
Cited by
Sorted by citations
Items 601–700 of 957
Mobiles for Development: M-Banking
Mariscal, J. (2009) · LA Referencia (Red Federada de Repositorios Institucionales de Publicaciones Científicas) · Cited by 4
Ang, J. B. (2009) · RePEc: Research Papers in Economics · Cited by 4
The impact of financial sector development on foreign direct investment in emerging markets
Tsaurai, K. (2017) · Unisa Institutional Repository (University of South Africa) · Cited by 4
Foreign and Domestic Investment in Global Bond Markets
Park, D., Taniguchi, K., & Tian, S. (2018) · ADB economics working paper series · doi:10.22617/wps189207-2 · Cited by 4
Regional Convergence in Russia: Estimating a Neoclassical Growth ModelPreprint
Lehmann, H. F., Oshchepkov, A., & Silvagni, M. G. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3558337 · Cited by 4
Dabos, M. P., & Gantman, E. R. (2010) · SSRN Electronic Journal · doi:10.2139/ssrn.1719303 · Cited by 4
Country Development Challenges: Route Toward Sustainable and Inclusive Growth
Rossi, J. L., & Doyle, M. (2023) · Inter-American Development Bank eBooks · doi:10.18235/0004944 · Cited by 3
A Cross‐country Causal Panorama of Human Development and Sustainability
Mayer‐Foulkes, D. (2013) · Review of Development Economics · doi:10.1111/rode.12029 · Cited by 3
Self-citationGracia, D. A., & Misas, M. (2021) · Cuadernos de Economía · doi:10.15446/cuad.econ.v40n83.79314 · Cited by 3
AKUIEN, A. D. (2023) · International Journal of Science and Business · doi:10.58970/ijsb.2201 · Cited by 3
THRESHOLD EFFECTS OF FINANCIAL DEVELOPMENT ON ECONOMIC GROWTH IN D-8 COUNTRIES
Shahbazi, K., & Lesyan, S. (2013) · Cited by 3
Accès au financement et dynamique des exportations des pays MENA méditerranéens
Bastidon, C., & Kocoglu, Y. (2016) · Canadian Journal of Development Studies/Revue canadienne d études du développement · doi:10.1080/02255189.2016.1131673 · Cited by 3
Investor Protections, Capital Markets, and Economic Growth: The African Experience
Francis, B. B., Hasan, I., & Ofori, E. (2015) · Emerald Group Publishing Limited eBooks · doi:10.1108/s1569-373220150000018008 · Cited by 3
Chen, Y.-H. (2017) · Journal of International Trade & Economic Development · doi:10.1080/09638199.2017.1339204 · Cited by 3
How do business startup modes affect economic growth?
Davis, C., & Zhao, L. (2019) · Canadian Journal of Economics/Revue canadienne d économique · doi:10.1111/caje.12417 · Cited by 5
Asset bubbles, unemployment, and financial market frictions
Hashimoto, K., Im, R., Kunieda, T., & Shibata, A. (2022) · Economic Inquiry · doi:10.1111/ecin.13101 · Cited by 3
Carrington, S. J., & Jiménez‐Ayora, P. (2020) · Review of Development Economics · doi:10.1111/rode.12712 · Cited by 3
A mean field game model of firm-level innovation
Barker, M., Degond, P., Martin, R., & Muûls, M. (2023) · Mathematical Models and Methods in Applied Sciences · doi:10.1142/s0218202523500203 · Cited by 3
THE CONTRIBUTION OF FDI AND FINANCIAL DEVELOPMENT ON ECONOMIC GROWTH IN SRI LANKA
Maheswaranathan, S., & Jeewanthi, K. M. N. (2021) · International Journal of Engineering Technologies and Management Research · doi:10.29121/ijetmr.v8.i1.2021.838 · Cited by 3
Bank-based financing and catch-up innovation: A three-way interaction approach
Min, Y., Chen, W., & Qin, J. (2021) · Economics Letters · doi:10.1016/j.econlet.2021.110089 · Cited by 3
Financial development and central bank bilateral currency swaps: Is there trade effect?
Mohammed, A. A. (2024) · Economic Journal of Emerging Markets · doi:10.20885/ejem.vol16.iss1.art7 · Cited by 3
Within – Country diversity and economic output: The role of financial development
Tarkom, A., Glavee, P., Owusu-Peprah, N. T., & Kock, N. (2024) · Structural Change and Economic Dynamics · doi:10.1016/j.strueco.2024.07.004 · Cited by 3
Zaman, G. (2013) · RePEc: Research Papers in Economics · Cited by 3
Financial development in Botswana: in search of a finance-led growth response
Odhiambo, N. M. (2013) · International Journal of Sustainable Economy · doi:10.1504/ijse.2013.056789 · Cited by 3
Banking market structure and industry growth in the Central-East Europe region
Bergantino, A. S., & Capozza, C. (2017) · Empirical Economics · doi:10.1007/s00181-017-1262-1 · Cited by 3
THE POLITICS OF FINANCIAL DEVELOPMENT AND CAPITAL ACCUMULATION
Matsuoka, T., Naito, K., & Nishida, K. (2017) · Macroeconomic Dynamics · doi:10.1017/s136510051600136x · Cited by 3
Aren’t small stock markets the same?1
Huang, H.-C. R., & Lin, S. (2007) · Applied Economics Letters · doi:10.1080/13504850600592432 · Cited by 3
FDI, licensing, e crescimento da produtividade total de fatores
Bonzanini, A. F., de Souza, E. C., & de Melo, L. L. M. T. (2013) · Revista Brasileira de Economia · doi:10.1590/s0034-71402013000100002 · Cited by 3
16 Land Titles, Credit Markets, and Wealth Distributions
MacGee, J. C. (2008) · doi:10.1093/acprof:oso/9780199548880.003.0016 · Cited by 3
Predicting the Attitude toward Mobile Financial Services in Developing Countries
Shrivastava, P. S. (2012) · IGI Global eBooks · doi:10.4018/978-1-4666-0882-5.ch606 · Cited by 3
Mariscal, J. (2010) · IGI Global eBooks · doi:10.4018/978-1-60566-699-0.ch025 · Cited by 3
Lőrincz, N. S. (2017) · Vezetéstudomány / Budapest Management Review · doi:10.14267/veztud.2017.05.04 · Cited by 3
Competitividad y crecimiento de la economía mexicana
Chiquiar, D., & Ramos‐Francia, M. (2009) · doi:10.36095/banxico/di.2009.11 · Cited by 3
Development banking under weak institutions and imperfect credit markets
Hodelin, R. S. (2020) · Annals of Finance · doi:10.1007/s10436-020-00372-2 · Cited by 3
Determinants of South American bank credit: An approach to panel data
Reginato, V. G., da Cuhna, M. S., & Vasconcelos, M. R. (2020) · Estudios económicos · doi:10.52292/j.estudecon.2020.1334 · Cited by 3
Kahraman, S., & Umutlu, M. (2014) · International Journal of Financial Research · doi:10.5430/ijfr.v5n4p52 · Cited by 3
Does Financial Development Affect the Economic Growth Gains from Trade Openness?
Sghaier, I. M. (2020) · Economic Alternatives · doi:10.37075/ea.2020.4.10 · Cited by 3
The Role Of Mobile Money In Moderating Financial Exclusion: A Tanzanian Experience
Mhella, D. J. (2020) · SOCIAL REVIEW International Social Sciences Review / Revista Internacional de Ciencias Sociales · doi:10.37467/gka-revsocial.v9.2614 · Cited by 3
Predicting the Attitude toward Mobile Financial Services in Developing Countries
Shrivastava, P. S. (2010) · Advances in finance, accounting, and economics book series · doi:10.4018/978-1-61520-993-4.ch007 · Cited by 3
Colombia Toward a High-Income Country with Social Mobility
Bank, I. A. D. (2016) · Inter-American Development Bank eBooks · doi:10.18235/0012809 · Cited by 3
Fuel for Economic Growth?Preprint
Gars, J., & Olovsson, C. (2015) · SSRN Electronic Journal · doi:10.2139/ssrn.2635376 · Cited by 3
Unilateral Clean Development Mechanism and Financial Development: Is There a Link?Preprint
Schmid, G. (2012) · SSRN Electronic Journal · doi:10.2139/ssrn.2155574 · Cited by 3
Endogenous Strength of Intellectual Property RightsPreprint
Eicher, T. S., & Cecilia García-peñalosa, B. (2008) · RePEc: Research Papers in Economics · Cited by 3
FINANCING CREATIVE DESTRUCTION
(2021) · Harvard University Press eBooks · doi:10.2307/j.ctv33mgbqt.15 · Cited by 3
Theory and Empirics of Stage-Dependent Intellectual Property Rights
Chu, A. C., Cozzi, G., & Galli, S. (2011) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich) · Cited by 3
Banking Market Structure, Liquidity Needs, and Industrial Growth VolatilityPreprint
Huang, H.-C. R., Fang, W., & Miller, S. M. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2209995 · Cited by 3
Research on contracting institutions and convergence
Li, J., Zhiyuan, Y., & Liu, K. (2024) · China Economic Review · doi:10.1016/j.chieco.2024.102129 · Cited by 2
Financial inclusion, integration, and stability asymmetries in the Mediterranean region
Neaime, S., & Gaysset, I. (2024) · The Journal of Economic Asymmetries · doi:10.1016/j.jeca.2024.e00386 · Cited by 2
Exploring the effect of ODA on poverty: insights from least developed countries
Narayan, D., & Singh, B. (2024) · International Journal of Social Economics · doi:10.1108/ijse-05-2024-0390 · Cited by 2
Sharma, A., Kumarasamy, D., & Singh, P. (2024) · India studies in business and economics · doi:10.1007/978-981-97-8999-3_8 · Cited by 2
Assessing financial convergence in developing countries: The case of D-8 countries
Selçuk, M., & Asutay, M. (2025) · Borsa Istanbul Review · doi:10.1016/j.bir.2025.03.009 · Cited by 2
Nkoa, B. E. O., & Meboussa, H. J. B. A. (2025) · International Journal of Finance & Economics · doi:10.1002/ijfe.3159 · Cited by 2
Policy uncertainty, inflation, and income inequality nexus: Does financial development matter?
Magwedere, M. R., & Marozva, G. (2025) · Prague Economic Papers · doi:10.18267/j.pep.890 · Cited by 2
Technology transfer in Vietnam's provinces: Insights from a product variety growth model
Chin, K., Yan, H.-D., & Nguyen-Thanh, N. (2025) · Journal of Asian Economics · doi:10.1016/j.asieco.2025.101997 · Cited by 2
Role of environmental disclosure policy on access to finance: evidence from crowdfunding
Bai, J. J., Cao, Y., Martin, X., & Wan, C. (2026) · Review of Accounting Studies · doi:10.1007/s11142-026-09982-z · Cited by 3
The tipping point of financial development? – evidence from OECD countries
Vighneswara Swamy, P. M., & Dharani, M. (2018) · International Economics and Economic Policy · doi:10.1007/s10368-018-0420-z · Cited by 2
Cross-Country Analysis Influence of Banking Credit on Economic Growth
Tali, T. M. M., Алексеевич, И. М., & Solodkaya, T. I. (2018) · Izvestiya of Saratov University Economics Management Law · doi:10.18500/1994-2540-2018-18-3-291-297 · Cited by 2
Counting innovations: Schumpeterian growth in discrete time
Cozzi, G., & Galli, S. (2020) · Economics Letters · doi:10.1016/j.econlet.2020.109014 · Cited by 2
Sectoral Channels of FDI into Productivity Growth in Africa
Idun, A. A., Efiinu, E. E., Adam, M. A., & Agyenim-Boateng, E. (2024) · Open Journal of Business and Management · doi:10.4236/ojbm.2024.124146 · Cited by 2
The co‐development of economies and institutions
Che, D., & Shen, L. (2013) · Economics of Transition · doi:10.1111/ecot.12008 · Cited by 2
The Finance-Growth Nexus: Which Factors Can Interfere?
Ali, M. S. B., Samargandi, N., & Sohag, K. (2016) · Palgrave Macmillan US eBooks · doi:10.1057/9781137480668_7 · Cited by 2
Filho, P. J. M., & Sonaglio, C. M. (2010) · Revista Brasileira de Inovação · doi:10.20396/rbi.v9i1.8648995 · Cited by 2
Carlin, W., & Seabright, P. (2009) · Revue d économie du développement · doi:10.3917/edd.224.0031 · Cited by 2
Credit Markets Development and Economic Growth: Theory and Evidence
Sassi, S. (2014) · Theoretical Economics Letters · doi:10.4236/tel.2014.49097 · Cited by 2
Convergence of World Stoppages A Global Perspective
Perry, L., & Wilson, P. (2007) · Journal of World-Systems Research · doi:10.5195/jwsr.2007.355 · Cited by 2
Accelerating and Growth Effects of Trade Openness across OIC Countries
Ranjbar, O. (2010) · Cited by 2
Liu, Q., & Qiu, L. D. (2014) · Review of Development Economics · doi:10.1111/rode.12083 · Cited by 2
Stock Markets, Banks and Economic Growth in the UK, 1850-1913
Jansson, W. (2018) · Financial History Review · doi:10.1017/s0968565018000124 · Cited by 2
DYNAMICS OF A SIMPLE ENDOGENOUS GROWTH MODEL WITH FINANCIAL INTERMEDIATION
Byrska, D., Krawiec, A., & Marek Szydlowski, A. (2019) · Macroeconomic Dynamics · doi:10.1017/s1365100519000671 · Cited by 2
The inequality debate: Do financial markets matter?
Azmat, S., Ayub, A., Brown, K., & Skully, M. T. (2020) · Journal of Behavioral and Experimental Finance · doi:10.1016/j.jbef.2020.100384 · Cited by 2
Muwanga, G. S. (2021) · International Journal of Applied Economics Finance and Accounting · doi:10.33094/8.2017.2021.92.48.62 · Cited by 2
Cai, C., & Dall’erba, S. (2021) · Climatic Change · doi:10.1007/s10584-021-03154-5 · Cited by 2
Revisiting the State’s Role in Finance and Development
Demirgüç‐Kunt, A., & Čihák, M. (2015) · Oxford University Press eBooks · doi:10.1093/oxfordhb/9780199688500.013.0032 · Cited by 2
Sedgley, N. H., & Tan, K. M. (2015) · Review of International Economics · doi:10.1111/roie.12196 · Cited by 2
YALÇINKAYA, Ö. (2018) · Anadolu Üniversitesi Sosyal Bilimler Dergisi · doi:10.18037/ausbd.552508 · Cited by 2
Growth and Economic Policy: Are There Speed Limits to Real Convergence?
Székely, I. P., & Watson, M. (2009) · Palgrave Macmillan UK eBooks · doi:10.1057/9780230235434_6 · Cited by 2
Effect of Finance on Growth Through More Efficient Utilization of Technological InnovationsPreprint
Ikonen, P. K. (2011) · SSRN Electronic Journal · doi:10.2139/ssrn.1756766 · Cited by 2
Institutions and Innovations as Sources of Productivity Growth Cross-Country EvidencePreprint
Strobel, T. (2010) · RePEc: Research Papers in Economics · Cited by 2
A Causal Panorama of Cross-Country Human DevelopmentPreprint
Mayer‐Foulkes, D. (2011) · RePEc: Research Papers in Economics · Cited by 2
Self-citationThe Role of Financial Development for Economic Growth in Caribbean IslandsPreprint
Gordon, L.-R. (2009) · RePEc: Research Papers in Economics · Cited by 2
Corruption, Globalization, and Economic Growth: Theory and Evidence
Kunieda, T., Okada, K., & Shibata, A. (2011) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich) · Cited by 2
Predicting Rating Changes for Banks: How Accurate are Accounting and Stock Market Indicators?Preprint
Isabelle Distinguin, A., Hasan, I., & Amine Tarazi, A. (2012) · SSRN Electronic Journal · doi:10.2139/ssrn.2098964 · Cited by 2
Buchieri, F., Pereyra, A., & Navarro, T. M. (2012) · e_Buah · Cited by 2
Gillman, M., & Kejak, M. (2007) · RePEc: Research Papers in Economics · Cited by 2
The Mediterranean Banking Systems: Convergence or Path Dependence?Preprint
Affinito, M., & Bonis, R. D. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1298892 · Cited by 2
Regulating Self-Interest under Globalization: Balancing Market Power with InstitutionsPreprint
Mayer‐Foulkes, D. (2013) · SSRN Electronic Journal · doi:10.2139/ssrn.2161336 · Cited by 2
Self-citationFinancial and Economic Development Nexus: evidence from Brazilian municipalitiesPreprint
da Silva, M. S. (2015) · RePEc: Research Papers in Economics · Cited by 2
Korir, S. (2014) · University of Nairobi Research Archive (University of Nairobi) · Cited by 2
Dzikiti, W. (2017) · Unisa Institutional Repository (University of South Africa) · Cited by 2
Jobst, A. A. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3152977 · Cited by 2
IUL, D.-C., & Barradas, R. (2018) · doi:10.15847/dinamiacet-iul.wp.2018.07 · Cited by 2
Financial Intermediation and Income DistributionPreprint
Ebrahimian, M. (2018) · SSRN Electronic Journal · doi:10.2139/ssrn.3465204 · Cited by 2
International Capital Flows in Club of Convergence
Hùng, L. Đ. (2018) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich) · Cited by 2
Efficiency, Depth and Growth: Quantitative Implications of Finance and Growth TheoryPreprint
Trew, A. W. (2007) · SSRN Electronic Journal · doi:10.2139/ssrn.1001177 · Cited by 2
Economic Challenges for Global GovernancePreprint
Mayer-Foulkes (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1139651 · Cited by 2
Self-citationPopulation Aging and the Possibility of a Middle-Income Trap in Asia
Ha, J., & Lee, S.-H. (2018) · ADB economics working paper series · doi:10.22617/wps189235-2 · Cited by 2
Sommer, C. (2021) · RePEc: Research Papers in Economics · doi:10.23661/dp6.2021 · Cited by 2
Banking on the Environment? Financial Frictions, Firm Management, and Green InvestmentsPreprint
Haas, R. D., Martin, R., Muûls, M., & Schweiger, H. (2020) · SSRN Electronic Journal · doi:10.2139/ssrn.3703699 · Cited by 2
Essays on Entrepreneurship and Economic Development
Tamvada, J. P. (2007) · doi:10.53846/goediss-3617 · Cited by 2
Aggarwal, M. (2021) · SSRN Electronic Journal · doi:10.2139/ssrn.3903166 · Cited by 2
Metadata
- Authors
- Aghion, P., Howitt, P., & Mayer-Foulkes, D.
- Affiliations
- Harvard University (US)
- Brown University (US)
- ORCID
- Aghion, Philippe
- Venue
- Quarterly Journal of Economics
- Publisher
- Oxford University Press (OUP)
- Published
- 2005-02
- Volume
- 120
- Issue
- 1
- Pages
- 173-222
- ISSN
- 0033-5533 (ISSN-L)
- 1531-4650
- OpenAlex
- W2133207356
- Cited by
- 962
- References
- 115
- Citations by year
- 2026: 11 · 2025: 30 · 2024: 35 · 2023: 48 · 2022: 31 · 2021: 64 · 2020: 56 · 2019: 45 · 2018: 55 · 2017: 52 · 2016: 38 · 2015: 48 · 2014: 59 · 2013: 56 · 2012: 44
- FWCI
- 109.83
- Type
- journal article
- Language
- en
- Open access
- green
- discovery.ucl.ac.uk
- Locations
- The Quarterly Journal of Economics (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- UCL Discovery (University College London) (submittedVersion)
- Digital Access to Scholarship at Harvard (DASH) (Harvard University) (submittedVersion, cc-by)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Development
- Keywords
- financial development, economic convergence, Schumpeterian growth, technology transfer, financial intermediation, cross-country growth
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.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
