This paper provides a survey of the recent progress in the literature of financial development
and economic growth. The survey highlights that most empirical studies focus on either …

The interplay between the stock market and the real economy is crucial in the various
channels through which financial markets drive economic growth. In the current study, we …

This study tests for convergence in financial development and economic growth by
incorporating the interaction between the real and financial sectors into an otherwise …

This study analyzed the asymmetric effects of financial development on economic growth
using a model augmented with inflation and government expenditure asymmetries to inform …

This paper re-examines the empirical relationship between financial and economic
development while (i) taking into account their dynamics and (ii) differentiating between …

This paper aims to analyse the determinants of trade openness in Sub-Saharan Africa (SSA)
countries focusing on the role play by domestic institutions. To achieve this, the Generalized …

This article re-examines the finance-growth nexus in China using principal components
analysis and ARDL bounds testing approach to cointegration. The results suggest that …

This study applies the bootstrap panel Granger causality test to test whether insurance
activity promotes economic growth, using data from 10 OECD countries over the period of …

Purpose–The purpose of this paper is to examine the relationship between financial
development and income inequality in India using annual data from 1982-2012 …

This article makes an attempt to test the possible directions of causality between financial
development and economic growth, which were labelled by Patrick as the supply-leading …