Scandinavian Working Papers in Economics

Ratio Working Papers,
The Ratio Institute

No 185: Is China Different? A Meta-Analysis of China’s Financial Sector Development

Christer Ljungvall () and Patrik Gustavsson Tingvall ()
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Christer Ljungvall: Copenhagen Business School
Patrik Gustavsson Tingvall: The Ratio Institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden

Abstract: We examine whether China has benefited more than other countries from financial sector development by performing a meta-analysis of the relevant literature covering a large number of countries at different stages of development. Although the results for China are inconclusive, they indicate the absence of a direct link between financial development and economic growth.

Keywords: meta-analysis; financial sector development; economic growth; China

JEL-codes: F43; G20; O11; O53

10 pages, February 17, 2012

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