---
title: "Financial development research: papers and trends"
description: "From 2017 to 2026 (so far), the keyword “financial development” appeared in 1,444 papers in the tracked journals, most of them in economics (826), finance (506) and management (86)."
url: https://scholar4ai.com/keywords/financial-development
markdown_url: https://scholar4ai.com/keywords/financial-development.md
license: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/)
share_text: "From 2017 to 2026 (so far), the keyword “financial development” appeared in 1,444 papers in the tracked journals, most of them in economics (826), finance (506) and management (86). (as of 2026-11-03)"
data_url: https://scholar4ai.com/data/rankings.json
updated: 2026-11-03T18:03:37+09:00
window: 2026-10-05 to 2026-11-03
source: OpenAlex (CC0)
---

# Papers on “financial development”

Research on “financial development” in the 480 tracked journals: papers per year and category, the journals, institutions and countries publishing it, the keywords studied with it and its most-cited papers. It is not among the most frequent keywords of the last 30 days, so this page has no list of its latest papers.

Back to the ranking: https://scholar4ai.com/rankings/keywords.md

## Key findings

- From 2017 to 2026 (so far), the keyword “financial development” appeared in 1,444 papers in the tracked journals, most of them in economics (826), finance (506) and management (86).
- 218 of them were published in 2025, against 82 in 2017.
- Since 2023, the institutions with the most of these papers were Lebanese American University (20), Azerbaijan State University of Economics (16) and University of International Business and Economics (15).
- The journals publishing most of them were Resources Policy (144), Finance research letters (67) and International Review of Economics & Finance (58).
- The most-cited of them is “Environmental degradation in France: The effects of FDI, financial development, and energy innovations” (Energy Economics, 2018), with 1,193 citations.

## Papers per year

*Papers per publication year and category*

| Category | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (so far) |
|---|---:|---:|---:|---:|---:|---:|---:|---:|---:|---:|
| [Economics](https://scholar4ai.com/categories/economics.md) | 51 | 43 | 53 | 68 | 75 | 83 | 162 | 131 | 90 | 70 |
| [Finance](https://scholar4ai.com/categories/finance.md) | 28 | 16 | 36 | 30 | 34 | 35 | 54 | 69 | 119 | 85 |
| [Management](https://scholar4ai.com/categories/management.md) | 2 | 5 | 2 | 11 | 8 | 11 | 6 | 17 | 7 | 17 |
| [Operations Research](https://scholar4ai.com/categories/operations-research.md) | 0 | 0 | 0 | 0 | 2 | 1 | 2 | 3 | 1 | 3 |
| [Accounting](https://scholar4ai.com/categories/accounting.md) | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 0 | 0 |
| [AI](https://scholar4ai.com/categories/ai.md) | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| [Information Systems](https://scholar4ai.com/categories/information-systems.md) | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| [Tourism and Hospitality](https://scholar4ai.com/categories/tourism-and-hospitality.md) | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| [Marketing](https://scholar4ai.com/categories/marketing.md) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| [Higher Education and Research](https://scholar4ai.com/categories/higher-education-and-research.md) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| All categories | 82 | 65 | 92 | 110 | 121 | 132 | 225 | 221 | 218 | 178 |

## Where the papers come from

*Journals with the most papers, since 2023*

| # | Journal | Papers |
|---:|---|---:|
| 1 | [Resources Policy](https://scholar4ai.com/journals/resources-policy.md) | 144 |
| 2 | [Finance research letters](https://scholar4ai.com/journals/finance-research-letters.md) | 67 |
| 3 | [International Review of Economics & Finance](https://scholar4ai.com/journals/international-review-of-economics-finance.md) | 58 |
| 4 | [Economic Analysis and Policy](https://scholar4ai.com/journals/economic-analysis-and-policy.md) | 39 |
| 5 | [Economic Change and Restructuring](https://scholar4ai.com/journals/economic-change-and-restructuring.md) | 36 |
| 6 | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 34 |
| 7 | [Research in International Business and Finance](https://scholar4ai.com/journals/research-in-international-business-and-finance.md) | 28 |
| 8 | [International Review of Financial Analysis](https://scholar4ai.com/journals/international-review-of-financial-analysis.md) | 27 |
| 9 | [Borsa Istanbul Review](https://scholar4ai.com/journals/borsa-istanbul-review.md) | 22 |
| 10 | [Economic Modelling](https://scholar4ai.com/journals/economic-modelling.md) | 17 |

*Institutions with the most papers, since 2023*

| # | Institution | Papers |
|---:|---|---:|
| 1 | [Lebanese American University](https://scholar4ai.com/institutions/lebanese-american-university.md) | 20 |
| 2 | Azerbaijan State University of Economics | 16 |
| 3 | [University of International Business and Economics](https://scholar4ai.com/institutions/university-of-international-business-and-economics.md) | 15 |
| 4 | [Wuhan University](https://scholar4ai.com/institutions/wuhan-university.md) | 15 |
| 5 | [Korea University](https://scholar4ai.com/institutions/korea-university.md) | 14 |
| 6 | [Southwestern University of Finance and Economics](https://scholar4ai.com/institutions/southwestern-university-of-finance-and-economics.md) | 14 |
| 7 | Near East University | 13 |
| 8 | [Xi'an Jiaotong University](https://scholar4ai.com/institutions/xi-an-jiaotong-university.md) | 13 |
| 9 | [Jilin University](https://scholar4ai.com/institutions/jilin-university.md) | 12 |
| 10 | Université de Yaoundé II | 12 |

*Countries with the most papers, since 2023*

| # | Country | Papers |
|---:|---|---:|
| 1 | China | 444 |
| 2 | United States | 64 |
| 3 | Turkey | 58 |
| 4 | United Kingdom | 56 |
| 5 | India | 47 |
| 6 | Pakistan | 47 |
| 7 | Saudi Arabia | 39 |
| 8 | Malaysia | 38 |
| 9 | Australia | 37 |
| 10 | France | 34 |

*Keywords with the most papers, since 2023*

| # | Keyword | Papers |
|---:|---|---:|
| 1 | [economic growth](https://scholar4ai.com/keywords/economic-growth.md) | 165 |
| 2 | [China](https://scholar4ai.com/keywords/china.md) | 126 |
| 3 | [CO2 emissions](https://scholar4ai.com/keywords/co2-emissions.md) | 81 |
| 4 | [institutional quality](https://scholar4ai.com/keywords/institutional-quality.md) | 79 |
| 5 | [resource curse](https://scholar4ai.com/keywords/resource-curse.md) | 73 |
| 6 | trade openness | 60 |
| 7 | [developing countries](https://scholar4ai.com/keywords/developing-countries.md) | 58 |
| 8 | [sustainable development](https://scholar4ai.com/keywords/sustainable-development.md) | 58 |
| 9 | [moderating effect](https://scholar4ai.com/keywords/moderating-effect.md) | 52 |

## Most-cited papers

*Most-cited papers since 2017*

| # | Citations | Per month | Title | Journal | Published | Authors |
|---:|---:|---:|---|---|---|---|
| 1 | 1,193 | 12.0 | [Environmental degradation in France: The effects of FDI, financial development, and energy innovations](https://doi.org/10.1016/j.eneco.2018.07.020) | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 2018-07-29 | Muhammad Qaiser Shahbaz, Muhammad Ali Nasir, David Roubaud |
| 2 | 935 | 13.8 | [Digitalization and energy: How does internet development affect China's energy consumption?](https://doi.org/10.1016/j.eneco.2021.105220) | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 2021-03-18 | Siyu Ren, Yu Hao, Lu Xu et al. |
| 3 | 775 | 11.5 | [Green technology innovation and financial development: Do environmental regulation and innovation output matter?](https://doi.org/10.1016/j.eneco.2021.105237) | [Energy Economics](https://scholar4ai.com/journals/energy-economics.md) | 2021-03-18 | Chengchao Lv, Changhua Shao, Chien‐Chiang Lee |
| 4 | 716 | 7.6 | [How much does financial development contribute to renewable energy growth and upgrading of energy structure in China?](https://doi.org/10.1016/j.enpol.2018.12.047) | [Energy Policy](https://scholar4ai.com/journals/energy-policy.md) | 2019-01-08 | Qiang Ji, Dayong Zhang |
| 5 | 715 | 12.5 | [The linkages between natural resources, human capital, globalization, economic growth, financial development, and ecological footprint: The moderating role of technological innovations](https://doi.org/10.1016/j.resourpol.2022.102569) | [Resources Policy](https://scholar4ai.com/journals/resources-policy.md) | 2022-01-25 | Atif Jahanger, Muhammad Zahid Usman, Muntasir Murshed et al. |

## Cite this page

Scholar4AI. (2026). Papers on “financial development”. Journal and Conference Research Rankings. Retrieved November 3, 2026, from https://scholar4ai.com/keywords/financial-development

```bibtex
@misc{scholar4ai-keywords-financial-development,
  author = {{Scholar4AI}},
  title = {Papers on “financial development”},
  year = {2026},
  howpublished = {\url{https://scholar4ai.com/keywords/financial-development}},
  urldate = {2026-11-03},
  note = {Journal and Conference Research Rankings; data from OpenAlex (CC0); licensed CC BY-NC 4.0}
}
```

License: CC BY-NC 4.0 (https://creativecommons.org/licenses/by-nc/4.0/).