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The possible local counterterms in supergravity are investigated to all loop orders. Supersymmetry implies that (1) supergravity-matter coupling is one-loop nonrenormalizable, with a specific counterterm; (2) pure supergravity is renormalizable at both one and two loops; (3) it fails at three loops; (4) extended supergravity models may avoid the three-loop catastrophe, and have no dangerous local counterterms to any order. In that case, the nonleading divergences could be removed by field redefinitions, which would establish renormalizability for these systems.
Deser et al. (Mon,) studied this question.
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