Matches in SemOpenAlex for { <https://semopenalex.org/work/W3143359780> ?p ?o ?g. }
Showing items 1 to 83 of
83
with 100 items per page.
- W3143359780 abstract "This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection, we exploit regional banking variation induced by the creation of ?specialized banks? (spetsbanks) in the last years of the Soviet Union (1988-1991). Consistent with the qualitative work of Joel Hellman [1993] and Juliet Johnson [2000], we show that these reforms generated an ideal natural experiment in that the concentration of spetsbanks is jointly uncorrelated with 15 predictors of future growth, including pre-banking income, education, anti-market sentiment, institutional quality, and government interference in the economy. Results indicate that while the presence of one additional spetsbank per million inhabitants increased total within-state lending to private firms and individuals by 14 to 26 percent in the early 2000s, it had no effect on investment or per capita income. In contrast, we find that spetsbanks increased employment. Additional results indicate that spetsbanks increased growth in regions in which they were less connected to government and were generally more similar to non-spetsbanks, as well as in regions that were better at protecting property rights. Our results thus strongly suggest that bank origins, political connections, and property rights are important determinants of effective finance. JEL: O4, F3, G2, P3 Keywords: finance, growth, banking, Russia" @default.
- W3143359780 created "2021-04-13" @default.
- W3143359780 creator A5089303454 @default.
- W3143359780 creator A5090153821 @default.
- W3143359780 creator A5091637952 @default.
- W3143359780 date "2012-04-29" @default.
- W3143359780 modified "2023-09-27" @default.
- W3143359780 title "Does finance cause growth? : Evidence from the origins of banking in Russia" @default.
- W3143359780 hasPublicationYear "2012" @default.
- W3143359780 type Work @default.
- W3143359780 sameAs 3143359780 @default.
- W3143359780 citedByCount "0" @default.
- W3143359780 crossrefType "posted-content" @default.
- W3143359780 hasAuthorship W3143359780A5089303454 @default.
- W3143359780 hasAuthorship W3143359780A5090153821 @default.
- W3143359780 hasAuthorship W3143359780A5091637952 @default.
- W3143359780 hasConcept C105795698 @default.
- W3143359780 hasConcept C111472728 @default.
- W3143359780 hasConcept C121332964 @default.
- W3143359780 hasConcept C138885662 @default.
- W3143359780 hasConcept C162324750 @default.
- W3143359780 hasConcept C175444787 @default.
- W3143359780 hasConcept C17744445 @default.
- W3143359780 hasConcept C199539241 @default.
- W3143359780 hasConcept C27548731 @default.
- W3143359780 hasConcept C2778137410 @default.
- W3143359780 hasConcept C2779530757 @default.
- W3143359780 hasConcept C33923547 @default.
- W3143359780 hasConcept C41895202 @default.
- W3143359780 hasConcept C49630185 @default.
- W3143359780 hasConcept C556758197 @default.
- W3143359780 hasConcept C73283319 @default.
- W3143359780 hasConcept C74650414 @default.
- W3143359780 hasConcept C86511162 @default.
- W3143359780 hasConcept C91317487 @default.
- W3143359780 hasConcept C94625758 @default.
- W3143359780 hasConceptScore W3143359780C105795698 @default.
- W3143359780 hasConceptScore W3143359780C111472728 @default.
- W3143359780 hasConceptScore W3143359780C121332964 @default.
- W3143359780 hasConceptScore W3143359780C138885662 @default.
- W3143359780 hasConceptScore W3143359780C162324750 @default.
- W3143359780 hasConceptScore W3143359780C175444787 @default.
- W3143359780 hasConceptScore W3143359780C17744445 @default.
- W3143359780 hasConceptScore W3143359780C199539241 @default.
- W3143359780 hasConceptScore W3143359780C27548731 @default.
- W3143359780 hasConceptScore W3143359780C2778137410 @default.
- W3143359780 hasConceptScore W3143359780C2779530757 @default.
- W3143359780 hasConceptScore W3143359780C33923547 @default.
- W3143359780 hasConceptScore W3143359780C41895202 @default.
- W3143359780 hasConceptScore W3143359780C49630185 @default.
- W3143359780 hasConceptScore W3143359780C556758197 @default.
- W3143359780 hasConceptScore W3143359780C73283319 @default.
- W3143359780 hasConceptScore W3143359780C74650414 @default.
- W3143359780 hasConceptScore W3143359780C86511162 @default.
- W3143359780 hasConceptScore W3143359780C91317487 @default.
- W3143359780 hasConceptScore W3143359780C94625758 @default.
- W3143359780 hasLocation W31433597801 @default.
- W3143359780 hasOpenAccess W3143359780 @default.
- W3143359780 hasPrimaryLocation W31433597801 @default.
- W3143359780 hasRelatedWork W1485005682 @default.
- W3143359780 hasRelatedWork W1515153750 @default.
- W3143359780 hasRelatedWork W1516131604 @default.
- W3143359780 hasRelatedWork W1544487762 @default.
- W3143359780 hasRelatedWork W2072771857 @default.
- W3143359780 hasRelatedWork W2136763632 @default.
- W3143359780 hasRelatedWork W2154717742 @default.
- W3143359780 hasRelatedWork W2156856308 @default.
- W3143359780 hasRelatedWork W2293930992 @default.
- W3143359780 hasRelatedWork W2513973495 @default.
- W3143359780 hasRelatedWork W2944064620 @default.
- W3143359780 hasRelatedWork W2967115451 @default.
- W3143359780 hasRelatedWork W3121695959 @default.
- W3143359780 hasRelatedWork W3122352841 @default.
- W3143359780 hasRelatedWork W3122866715 @default.
- W3143359780 hasRelatedWork W3123173150 @default.
- W3143359780 hasRelatedWork W3123862958 @default.
- W3143359780 hasRelatedWork W3125452858 @default.
- W3143359780 hasRelatedWork W3150300499 @default.
- W3143359780 hasRelatedWork W610744243 @default.
- W3143359780 isParatext "false" @default.
- W3143359780 isRetracted "false" @default.
- W3143359780 magId "3143359780" @default.
- W3143359780 workType "article" @default.