Stock Markets, Banks, and Economic Growth
Has this study been replicated?
The atlas records 1 reproduction of this study. Recorded outcomes: 1 mixed.
Reproductions
- Stock Market Liquidity and Economic Growth: a Critical Appraisal of the Levine/Zervos Model, Zhu et al. (2004). International Review of Applied Economics. Outcome recorded: computation not checked, robustness challenges.
Robustness: We show that the Levine–Zervos results are not robust to alternative specifications because of the incomplete manner in which they control for outliers in their data.
Read from Robustness: abstract. View paper
Cite this record
Levine, R., & Zervos, S. (1999). Stock Markets, Banks, and Economic Growth. In (Editor), Policy Research Working Papers. The World Bank. https://doi.org/10.1596/1813-9450
Other studies in the atlas
Failed replications · Successful replications · All browse pages