"While substantial research finds that financial development boosts overall economic growth, we study whether financial …

While substantial research finds that financial development boosts overall economic growth, we study whether financial …

, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force … growth. The data do not, however, confidently support the conclusions that SMEs exert a causal impact on growth. Furthermore …

This paper examines whether financial development boosts the growth of small firms more than large firms and hence … provides information on the mechanisms through which financial development fosters aggregate economic growth. We define an … a disproportionately large effect on the growth of industries that are technologically more dependent on small firms …

operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the … preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone … economic growth. The paper highlights many areas needing additional research …

integration on economic growth and also to assess whether this relationship depends on the level of economic development … to reject the null hypothesis that international financial integration does not accelerate economic growth even when …

robustly linked with economic growth, there is no support for either the bank-based or market-based view …

This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period … positively influence economic growth and these findings are not due to potential biases induced by simultaneity, omitted …

overall financial development boost industry growth, new establishment formation, and efficient capital allocation, having a …