The DOI matches its Crossref record.
Financial Structure and 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.
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
Cited by
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
Finance, entrepreneurship and growth
King, R. G., & Levine, R. (1993) · Journal of Monetary Economics · doi:10.1016/0304-3932(93)90028-e · Cited by 3,550
The great reversals: the politics of financial development in the twentieth century
Rajan, R. G., & Zingales, L. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00125-9 · Cited by 3,327
Financial Development and Economic Growth: Views and Agenda
Levine, R. (1999) · Policy Research Working Papers · doi:10.1596/1813-9450-1678 · Cited by 2,977
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
Stock Markets, Banks, and Economic Growth
Levine, R., & Zervos, S. (1999) · Policy Research Working Papers · doi:10.1596/1813-9450-1690 · Cited by 2,881
Financial Intermediation and Endogenous Growth
Bencivenga, V. R., & Smith, B. D. (1991) · The Review of Economic Studies · doi:10.2307/2297964 · Cited by 2,143
Financial markets and the allocation of capital
Wurgler, J. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00070-2 · Cited by 1,974
Pagano, M. (1993) · European Economic Review · doi:10.1016/0014-2921(93)90051-b · Cited by 1,560
Arcand, J. L., Berkes, E., & Panizza, U. (2015) · Journal of Economic Growth · doi:10.1007/s10887-015-9115-2 · Cited by 1,136
Stock Markets, Growth, and Tax Policy
LEVINE, R. (1991) · The Journal of Finance · doi:10.2307/2328866 · Cited by 1,111
Finance as a Barrier to Entry: Bank Competition and Industry Structure in Local U.S. Markets
CETORELLI, N., & STRAHAN, P. E. (2006) · The Journal of Finance · doi:10.1111/j.1540-6261.2006.00841.x · Cited by 920
Financial markets in development, and the development of financial markets
Greenwood, J., & Smith, B. D. (1997) · Journal of Economic Dynamics and Control · doi:10.1016/0165-1889(95)00928-0 · Cited by 918
Financial development and economic growth: New evidence from panel data
Hassan, M. K., Sanchez, B., & Yu, J.-S. (2011) · The Quarterly Review of Economics and Finance · doi:10.1016/j.qref.2010.09.001 · Cited by 795
Equity markets and growth: Cross-country evidence on timing and outcomes, 1980–1995
Rousseau, P. L., & Wachtel, P. (2000) · Journal of Banking & Finance · doi:10.1016/s0378-4266(99)00123-5 · Cited by 772
WHAT IS HAPPENING TO THE IMPACT OF FINANCIAL DEEPENING ON ECONOMIC GROWTH?
ROUSSEAU, P. L., & WACHTEL, P. (2011) · Economic Inquiry · doi:10.1111/j.1465-7295.2009.00197.x · Cited by 718
(2012) · RePEc: Research Papers in Economics · Cited by 618
Samargandi, N., Fidrmuc, J., & Ghosh, S. (2015) · World Development · doi:10.1016/j.worlddev.2014.11.010 · Cited by 647
Kar, M., Nazlıoğlu, Ş., & Ağır, H. (2011) · Economic Modelling · doi:10.1016/j.econmod.2010.05.015 · Cited by 535
Macroeconomic Determinants of Stock Market Development
Garcia, V. F., & Liu, L. (1999) · Journal of Applied Economics · doi:10.1080/15140326.1999.12040532 · Cited by 428
Manufacturing Growth and Financial Development: Evidence from OECD Countries
Neusser, K., & Kugler, M. (1998) · Review of Economics and Statistics · doi:10.1162/003465398557726 · Cited by 414
Financial development and economic growth: Panel evidence from BRICS
Guru, B. K., & Yadav, I. S. (2019) · Journal of Economics, Finance and Administrative Science · doi:10.1108/jefas-12-2017-0125 · Cited by 370
Adu, G., Marbuah, G., & Mensah, J. T. (2013) · Review of Development Finance · doi:10.1016/j.rdf.2013.11.001 · Cited by 340
Stock market development and economic growth: Empirical evidence from China
Pan, L., & Mishra, V. (2018) · Economic Modelling · doi:10.1016/j.econmod.2017.07.005 · Cited by 234
Hsueh, S.-J., Hu, Y.-H., & Tu, C.-H. (2013) · Economic Modelling · doi:10.1016/j.econmod.2013.02.027 · Cited by 231
Pradhan, R. P., Arvin, M. B., Hall, J. H., & Bahmani, S. (2014) · Review of Financial Economics · doi:10.1016/j.rfe.2014.07.002 · Cited by 184
Financial Development and Economic Growth: The Case of Pakistan
Khan, M. A., Qayyum, A., & Sheikh, S. A. (2005) · The Pakistan Development Review · doi:10.30541/v44i4iipp.819-837 · Cited by 166
Financial development, institutional investors, and economic growth
Ruiz, J. L. (2018) · International Review of Economics & Finance · doi:10.1016/j.iref.2017.08.009 · Cited by 164
Botev, J., Égert, B., & Jawadi, F. (2019) · International Economics · doi:10.1016/j.inteco.2019.06.004 · Cited by 153
The effect of financial deepening on inequality: Some international evidence
Hamori, S., & Hashiguchi, Y. (2012) · Journal of Asian Economics · doi:10.1016/j.asieco.2011.12.001 · Cited by 142
Financial development, Islamic finance and economic growth: evidence of the UAE
Zarrouk, H., El Ghak, T., & Abu Al Haija, E. (2017) · Journal of Islamic Accounting and Business Research · doi:10.1108/jiabr-05-2015-0020 · Cited by 136
Institutions and the finance–growth nexus: Empirical evidence from MENA countries
Gazdar, K., & Cherif, M. (2015) · Borsa Istanbul Review · doi:10.1016/j.bir.2015.06.001 · Cited by 118
Al-Malkawi, H.-A. N., Marashdeh, H. A., & Abdullah, N. (2012) · International Journal of Economics and Finance · doi:10.5539/ijef.v4n5p105 · Cited by 105
Financial intermediation and economic growth: Does income matter?
Seven, Ü., & Yetkiner, H. (2016) · Economic Systems · doi:10.1016/j.ecosys.2015.09.004 · Cited by 96
Nyasha, S., & Odhiambo, N. M. (2015) · Contemporary Economics · doi:10.5709/ce.1897-9254.161 · Cited by 94
Qamruzzaman, M., & Jianguo, W. (2018) · Financial Innovation · doi:10.1186/s40854-018-0103-3 · Cited by 92
Ehigiamusoe, K. U., & Samsurijan, M. S. (2021) · International Journal of Finance & Economics · doi:10.1002/ijfe.2066 · Cited by 87
Financial development and economic growth: global and African evidence
Murinde, V. (2012) · Journal of African Economies · doi:10.1093/jae/ejr042 · Cited by 65
Financial Development and Economic Growth: Evidence from a Panel Study on South Asian Countries
Rana, R. H., & Barua, S. (2015) · Asian Economic and Financial Review · doi:10.18488/journal.aefr/2015.5.10/102.10.1159.1173 · Cited by 54
Explaining the nonlinear effects of financial development on economic growth
Hung, F.-S. (2009) · Journal of Economics · doi:10.1007/s00712-008-0057-4 · Cited by 51
Financial Development and Economic Growth in Sub-Saharan Africa: A Dynamic Panel Data Analysis
Ngongang, E. (2015) · European Journal of Sustainable Development · doi:10.14207/ejsd.2015.v4n2p369 · Cited by 51
Income inequality, poverty, and the liquidity of stock markets
Blau, B. M. (2018) · Journal of Development Economics · doi:10.1016/j.jdeveco.2017.10.006 · Cited by 49
Purewal, K., & Haini, H. (2022) · Economic Change and Restructuring · doi:10.1007/s10644-020-09316-2 · Cited by 41
Does measure of financial development matter for economic growth in India?
Tripathy, N., & Indian Institute of Management Shillong, M. C. (2019) · Quantitative Finance and Economics · doi:10.3934/qfe.2019.3.508 · Cited by 37
(2013) · Asian Economic and Financial Review · Cited by 34
Bibi, R., & Sumaira (2022) · Journal of Environmental Science and Economics · doi:10.56556/jescae.v1i1.1 · Cited by 30
Stock market, real estate market, and economic growth: an ARDL approach
Thi Nguyen, M.-L., & Ngoc Bui, T. (2019) · Investment Management and Financial Innovations · doi:10.21511/imfi.16(4).2019.25 · Cited by 27
Finance, growth and quantile parameter heterogeneity
Andini, M., & Andini, C. (2014) · Journal of Macroeconomics · doi:10.1016/j.jmacro.2014.01.008 · Cited by 26
Financial Intermediation and Growth: Bank-Based versus Market-Based Systems
Sahoo, S. (2014) · Margin: The Journal of Applied Economic Research · doi:10.1177/0973801013519998 · Cited by 17
Demand-following or supply-leading? Trade openness and financial development in China
Fan, J.-J., Xu, R., Su, C. W., & Shi, Q.-H. (2018) · The Journal of International Trade & Economic Development · doi:10.1080/09638199.2017.1390779 · Cited by 16
Sohag, K., Nabilah, A. B., & Begum, R. A. (2015) · International Journal of Economic Policy in Emerging Economies · doi:10.1504/ijepee.2015.068249 · Cited by 12
Metadata
- Authors
- Fry, M. J., & Goldsmith, R. W.
- Venue
- Economica
- Publisher
- JSTOR
- Published
- 1970-11
- Volume
- 37
- Issue
- 148
- Pages
- 435
- ISSN
- 0013-0427 (ISSN-L)
- OpenAlex
- W2099744804
- Cited by
- 2,564
- References
- 0
- FWCI
- 12.08
- Type
- journal article
- Language
- en
- Open access
- closed
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
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.