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series data from 1996-2015. The study employs the Autoregressive Distributed Lag bounds testing approach to cointegration and …
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The relationship between financial development and economic growth has been widely debated in the economics literature, but the results have been inconsistent and vary between the short and long run. In this study, we investigate the causal relationship between financial development and economic...
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by a variety of tests of cointegration using time-series as well as panel data. …
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