Ross Levine
Biographic Data
| ID | 3960530 |
|---|---|
| NAME | Ross Levine |
| GIVEN NAMES | Ross |
| FAMILY NAME | Levine |
| SIGNATURE | LEVINE R |
| AFFILIATIONS | Harrison S. Kravis University Professor, Department of Economics, Brown University, Providence, Rhode Island; Research Associate, National Bureau of Economic Research, Cambridge, Massachusetts. |
| VERIFIED | No |
| TOTAL WORKS | 23 |
| TOTAL CITATIONS | 233 |
| AUTHOR COUNT | 23 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1993 |
| LATEST PUBLICATION YEAR | 2021 |
| H-INDEX | 5 |
Corporate immunity to the Covid-19 pandemic
Cross-border acquisitions: Do labor regulations affect acquirer returns
The African Slave Trade and Modern Household Finance
We evaluate the impact of the African slave trade between 1400 and 1900 on modern household finance. Exploiting cross-country and cross-ethnic group differences in the intensity with which people were enslaved and exported from Africa, we find that slave exports during the 1400–1900 period are negatively associated with current measures of household (a) access to financial services, (b) access to credit, (c) use of mobile finance and (d) trust in…
The European origins of economic development
Finance, inequality and the poor
Chapter 12 Finance and Growth: Theory and Evidence
SMEs, Growth, and Poverty: Cross-Country Evidence
Law, Endowments and Property Rights
While scholars have hypothesized about the sources of variation in property rights for over 2500 years, it is only very recently that researchers have begun to test these theories empirically. This paper reviews both the theory and empirical evidence supporting and refuting the law and endowment views of property rights. The law view holds that historically determined differences in national legal traditions continue to shape cross-country differ…
Aid, Policies, and Growth: Comment
In an extraordinarily influential paper, Craig Burnside and David Dollar (2000, p. 847) find that “... aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little effect in the presence of poor policies.” This finding has enormous policy implications. The Burnside and Dollar (2000, henceforth BD) result provides a role and strategy for foreign aid. If aid stimulates growth only in coun…
Stock markets, banks, and growth: Panel evidence
Law and Firms’ Access to Finance
Why does a country's legal origin influence its firms' access to finance? Using data from over 4,000 firms in 38 countries, the authors show that firms in countries with French legal origin face significantly higher obstacles in accessing external finance than firms in common law countries. Next, their results indicate that French legal origin countries tend to have (1) less adaptable legal systems, as defined by the degree to which case law and …
Finance, Inequality, and Poverty: Cross-Country Evidence
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income in…
Finance and Growth: Theory and Evidence
This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the 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 is not driving this relationship.Furthermore, theory and evidence imply that better …
Law and finance: Why does legal origin matter?
Tropics, germs, and crops: How Endowments Influence Economic Development
Bank-Based or Market-Based Financial Systems: Which Is Better?
Law and Finance: Why Does Legal Origin Matter
New research suggests that cross-country differences in legal origin help explain differences in financial development. This paper empirically assesses two theories of why legal origin influences financial development. First, the "political" channel stresses that (i) legal traditions differ in the priority they give to the rights of individual investors vis--vis the state and (ii) this has repercussions for the development of property rights and …
Finance and the sources of growth
Beyond Siting: Implementing Voluntary Hazardous Waste Siting Agreements in Canada
Among those concerned with Canadian and American environmental policies, has become a rallying cry. Many analyses of environmental programs and institutions have attributed policy failures to inadequate public engagement and involvement. Following such assessment, recommendations for policy reform frequently have embraced extended provisions for public participation and expanded use of such tools as initiative, plebiscite, policy dialogue, and re…
The Legal Environment, Banks, and Long-Run Economic Growth
Capital control liberalization and stock market development
Finance, entrepreneurship and growth
Old debts and new beginnings: A policy choice in transitional socialist economies
Tropics, germs, and crops: How Endowments Influence Economic Development
Finance and Growth: Theory and Evidence
This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the 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 is not driving this relationship.Furthermore, theory and evidence imply that better …
Capital control liberalization and stock market development
The African Slave Trade and Modern Household Finance
We evaluate the impact of the African slave trade between 1400 and 1900 on modern household finance. Exploiting cross-country and cross-ethnic group differences in the intensity with which people were enslaved and exported from Africa, we find that slave exports during the 1400–1900 period are negatively associated with current measures of household (a) access to financial services, (b) access to credit, (c) use of mobile finance and (d) trust in…
Law, Endowments and Property Rights
While scholars have hypothesized about the sources of variation in property rights for over 2500 years, it is only very recently that researchers have begun to test these theories empirically. This paper reviews both the theory and empirical evidence supporting and refuting the law and endowment views of property rights. The law view holds that historically determined differences in national legal traditions continue to shape cross-country differ…
Old debts and new beginnings: A policy choice in transitional socialist economies
Finance, entrepreneurship and growth
Old debts and new beginnings: A policy choice in transitional socialist economies
The Legal Environment, Banks, and Long-Run Economic Growth
Capital control liberalization and stock market development
Finance and the sources of growth
Beyond Siting: Implementing Voluntary Hazardous Waste Siting Agreements in Canada
Among those concerned with Canadian and American environmental policies, has become a rallying cry. Many analyses of environmental programs and institutions have attributed policy failures to inadequate public engagement and involvement. Following such assessment, recommendations for policy reform frequently have embraced extended provisions for public participation and expanded use of such tools as initiative, plebiscite, policy dialogue, and re…
Bank-Based or Market-Based Financial Systems: Which Is Better?
Law and Finance: Why Does Legal Origin Matter
New research suggests that cross-country differences in legal origin help explain differences in financial development. This paper empirically assesses two theories of why legal origin influences financial development. First, the "political" channel stresses that (i) legal traditions differ in the priority they give to the rights of individual investors vis--vis the state and (ii) this has repercussions for the development of property rights and …
Law and finance: Why does legal origin matter?
Tropics, germs, and crops: How Endowments Influence Economic Development
Aid, Policies, and Growth: Comment
In an extraordinarily influential paper, Craig Burnside and David Dollar (2000, p. 847) find that “... aid has a positive impact on growth in developing countries with good fiscal, monetary, and trade policies but has little effect in the presence of poor policies.” This finding has enormous policy implications. The Burnside and Dollar (2000, henceforth BD) result provides a role and strategy for foreign aid. If aid stimulates growth only in coun…
Stock markets, banks, and growth: Panel evidence
Law and Firms’ Access to Finance
Why does a country's legal origin influence its firms' access to finance? Using data from over 4,000 firms in 38 countries, the authors show that firms in countries with French legal origin face significantly higher obstacles in accessing external finance than firms in common law countries. Next, their results indicate that French legal origin countries tend to have (1) less adaptable legal systems, as defined by the degree to which case law and …
Finance, Inequality, and Poverty: Cross-Country Evidence
"While substantial research finds that financial development boosts overall economic growth, we study whether financial development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we distinguish among competing theoretical predictions about the impact of financial development on changes in income distribution and poverty alleviation. We find that financial development reduces income in…
Finance and Growth: Theory and Evidence
This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the 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 is not driving this relationship.Furthermore, theory and evidence imply that better …
Chapter 12 Finance and Growth: Theory and Evidence
SMEs, Growth, and Poverty: Cross-Country Evidence
Law, Endowments and Property Rights
While scholars have hypothesized about the sources of variation in property rights for over 2500 years, it is only very recently that researchers have begun to test these theories empirically. This paper reviews both the theory and empirical evidence supporting and refuting the law and endowment views of property rights. The law view holds that historically determined differences in national legal traditions continue to shape cross-country differ…
Finance, inequality and the poor
The European origins of economic development
Cross-border acquisitions: Do labor regulations affect acquirer returns
The African Slave Trade and Modern Household Finance
We evaluate the impact of the African slave trade between 1400 and 1900 on modern household finance. Exploiting cross-country and cross-ethnic group differences in the intensity with which people were enslaved and exported from Africa, we find that slave exports during the 1400–1900 period are negatively associated with current measures of household (a) access to financial services, (b) access to credit, (c) use of mobile finance and (d) trust in…
Corporate immunity to the Covid-19 pandemic
Economics (20 works) · Business (9 works) · Economic Growth and Development (9 works) · Banking stability, regulation, efficiency (8 works) · Finance (8 works) · Corruption and Economic Development (6 works) · Economic growth (6 works) · Finance (6 works) · Financial system (6 works) · Corporate Finance and Governance (5 works)