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aim of the study is to investigate the causal relationship between financial sector reforms and economic growth in Nigeria … reforms in Nigeria promote growth. To establish this, financial sector reforms is measured with the ratio of banking sector … economic growth in Nigeria …
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This paper has tested whether bank-based financial development and market-based financial development are complements …-Bounds-testing approach to carry out the test. The study also employs the method of means-removed average to construct both bank-based and … market-based financial development indices. The results of this study show that while in the usa and Brazil, bank-based and …
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