Financial Development and Economic Growth: A Meta-Analysis

Natural Resources and Economic Growth: A Meta-Analysis

“…Following several previous meta-analyses (Doucouliagos, 2005;Efendic et al, 2011;Valickova et al, 2015), for the summary statistic we use the partial correlation coefficient (PCC), which can be derived as:…”

Insurance use and economic growth in Latin America. Some panel data evidence

“…Regardless of the given theoretical, empirical or econometric approach, findings of positive relationships between the stock market, banking and economic growth have been consistent (see Valickova et al, 2014). Moreover, Minsky (2005) found that financial crises bring about instability and adverse effects upon economic growth, particularly in developing economies.…”

“…The relevance of the financial sector for economic growth has been studied empirically by analyzing the relationships between banking, stock markets and growth at country levels (Roubini and Sala-i-Martin, 1992;King and Levine, 1993;Levine and Zervos, 1998;Valickova, Havranek and Horvath, 2014), and at industry levels (Rajan and Zingales, 1998;Braun and Larrain, 2005). The studies that include the insurance sector are more recent (among them Webb, Grace and Skipper, 2002;Haiss and Sümegi, 2008;Arena, 2008).…”

Financial Development and Economic Growth: The Role of Foreign-Owned Banks in CESEE Countries

“…Prominent qualitative surveys in the field include [7][8][9]. More recent surveys based on meta-analysis, which include [10,11], uncover the causes of the degree of heterogeneity in the empirical literature, such as the choice of financial variable proxies, the kind of data used (e.g., the number of countries or time periods under investigation) and the research design (e.g., addressing or ignoring the issue of endogeneity).…”