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Most cited papers in Economic Growth and Development

What are the most cited papers in Economic Growth and Development?

The most cited paper in Economic Growth and Development is "Finance and Growth: Schumpeter Might Be Right" (Robert G. King, Ross Eric Levine, 1993), with 8,704 citations. Next come "Africa's Growth Tragedy: Policies and Ethnic Divisions" (5,730) and "Entrepreneurship: Productive, unproductive, and destructive" (4,014).

Showing 50 of 97 papers. Every paper with more than 770 citations is listed.

Most cited papers, sortable by citations and release date
#Paper
1 Finance and Growth: Schumpeter Might Be Right Robert G. King, Ross Eric Levine · The Quarterly Journal of Economics Aug 1993 8,704
2 Africa's Growth Tragedy: Policies and Ethnic Divisions William Russell Easterly, Ross Eric Levine · The Quarterly Journal of Economics Nov 1997 5,730
3 Entrepreneurship: Productive, unproductive, and destructive William J. Baumöl · Journal of Business Venturing 1996 4,014
4 The causes of corruption: a cross-national study Daniel S. Treisman · Journal of Public Economics Jun 2000 3,968
5 Finance, entrepreneurship and growth Robert G. King, Ross Eric Levine · Journal of Monetary Economics Dec 1993 3,574
6 Catching Up, Forging Ahead, and Falling Behind Moses Abramovitz · The Journal of Economic History Jun 1986 3,519
7 Fractionalization Alberto Alesina, Arnaud Devleeschauwer, William Russell Easterly et al. · Journal of Economic Growth Open access Jun 2003 3,343
8 The Theory of Economic Development Simone Raudino Book chapter 2016 2,987
9 Government Ownership of Banks Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer · The Journal of Finance Open access Feb 2002 2,567
10 Who Gives Foreign Aid to Whom and Why? Alberto Alesina, David Dollar · Journal of Economic Growth Open access Mar 2000 2,504
11 Corporate governance, investor protection, and performance in emerging markets Leora F. Klapper, Inessa Love · Journal of Corporate Finance 13 May 2003 2,283
12 The Slave Trade and the Origins of Mistrust in Africa Nathan Nunn, Léonard Wantchekon · American Economic Review Open access Dec 2011 2,223
13 Natural Resources: Curse or Blessing? Frederick van der Ploeg · Journal of Economic Literature Jun 2011 2,208
14 Learning about a New Technology: Pineapple in Ghana Timothy G. Conley, Christopher Udry · American Economic Review Mar 2010 2,194
15 Corporate responsibility and financial performance: the role of intangible resources Jordi A. Surroca, Josep A. Tribó, Sandra A. Waddock · Strategic Management Journal Open access 17 Nov 2009 2,137
16 Ethnic Diversity and Economic Performance Alberto Alesina, Eliana La Ferrara · Journal of Economic Literature Open access Aug 2005 2,096
17 Mobile Phones and Economic Development in Africa Jenny C. Aker, Isaac Mbiti · The Journal of Economic Perspectives Aug 2010 2,070
18 Country-of-Origin Effects on Product Evaluations Warren J. Bilkey, Erik B. Nes · Journal of International Business Studies Open access Mar 1982 1,829
19 Financial development and dynamic investment behavior: Evidence from panel VAR Inessa Love, Lea Zicchino · The Quarterly Review of Economics and Finance May 2006 1,822
20 The Worldwide Governance Indicators: Methodology and Analytical Issues Daniel Kaufmann, Aart Kraay, Massimo Mastruzzi · Hague Journal on the Rule of Law Open access Sep 2010 1,800
21 Organizational Innovation and Performance: The Problem of "Organizational Lag" Fariborz Damanpour, William M. Evan · Administrative Science Quarterly Sep 1984 1,784
22 Tropics, germs, and crops: how endowments influence economic development William Russell Easterly, Ross Eric Levine · Journal of Monetary Economics 2003 1,742
23 Are corruption and taxation really harmful to growth? Firm level evidence Raymond J. Fisman, Jakob Svensson · Journal of Development Economics 12 Sep 2006 1,720
24 On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different? Elizabeth Asiedu · World Development 2002 1,644
25 Political risk, institutions and foreign direct investment Matthias Busse, Carsten Hefeker · European Journal of Political Economy 19 May 2006 1,600
26 Does financial development cause economic growth? Time-series evidence from 16 countries Panicos O. Demetriades, Khaled Hussein · Journal of Development Economics Dec 1996 1,554
27 Bank-Based or Market-Based Financial Systems: Which Is Better? Ross Eric Levine · Journal of Financial Intermediation Oct 2002 1,521
28 Distance to Frontier, Selection, and Economic Growth Daron Acemoğlu, Philippe Aghion, Fabrizio Zilibotti · Journal of the European Economic Association Open access Mar 2006 1,510
29 The economic burden of malaria John L. Gallup, Jeffrey David Sachs · American Journal of Tropical Medicine and Hygiene 2001 1,496
30 The Correlates of Change in International Financial Regulation Dennis Patrick Quinn · American Political Science Review Sep 1997 1,436
31 Dodging the grabbing hand: the determinants of unofficial activity in 69 countries Eric Friedman, Simon Johnson, Daniel Kaufmann et al. · Journal of Public Economics Jun 2000 1,395
32 The Effect of Entrepreneurial Activity on National Economic Growth Andre J. van Stel, Martin Carree, Roy Thurik · Small Business Economics Open access Apr 2005 1,355
33 Aid and growth regressions Henrik Steen Hansen, Finn Tarp · Journal of Development Economics Open access Apr 2001 1,354
34 Corruption and Foreign Direct Investment Mohsin Habib, Leon Żurawicki · Journal of International Business Studies Jun 2002 1,328
35 Foreign Direct Investment in Africa: The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability Elizabeth Asiedu · World Economy Open access 2006 1,324
36 Explaining African Economic Performance Paul Collier, Jan Willem Gunning · Journal of Economic Literature Mar 1999 1,311
37 Instruments, Randomization, and Learning about Development Angus Deaton · Journal of Economic Literature Jun 2010 1,295
38 Why do countries matter so much for corporate governance?☆ Craig Doidge, G ANDREWKAROLYI, René M. Stulz · Journal of Financial Economics Open access 7 Jun 2007 1,255
39 Demand for green finance: Resolving financing constraints on green innovation in China Chin‐Hsien Yu, Xiuqin Wu, Dayong Zhang et al. · Energy Policy 8 Apr 2021 1,237
40 Addressing the Natural Resource Curse: An Illustration from Nigeria Xavier Sala-i-Martín, Arvind Subramanian · Journal of African Economies Open access 19 Dec 2012 1,214
41 A free press is bad news for corruption Aymo Brunetti, Beatrice Weder · Journal of Public Economics 30 Oct 2002 1,214
42 Financial development and economic growth Jose De Gregorio, Pablo Emilio Guidotti · World Development Mar 1995 1,211
43 Remittances, financial development, and growth Paola Giuliano, Marta Ruiz-Arranz · Journal of Development Economics 7 Nov 2008 1,208
44 The Passing of Traditional Society: Modernizing the Middle East, by Daniel Lerner and Lucille W. Pevsner Elie Salem · Political Science Quarterly Mar 1959 1,190
45 What Drives Bank Competition? Some International Evidence Stijn Claessens, Luc A. Laeven · Journal of money credit and banking Open access 2004 1,177
46 Cultural influences on national rates of innovation Scott A. Shane · Journal of Business Venturing 1993 1,159
47 The Long-Term Effects of Africa's Slave Trades * Nathan Nunn · The Quarterly Journal of Economics Feb 2008 1,157
48 Law, Finance, and Economic Growth Ross Eric Levine · Journal of Financial Intermediation 1999 1,152
49 An empirical analysis of cross-national economic growth, 1951–1980 KEVIN B. GRIER, Gordon Tullock · Journal of Monetary Economics Sep 1989 1,147
50 Aid and Growth: What Does the Cross-Country Evidence Really Show? Raghuram G. Rajan, Arvind Subramanian · The Review of Economics and Statistics 17 Oct 2008 1,144

Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for a field when OpenAlex files it under one of the field's topics; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.