Olayungbo, D. O.; Quadri, Ahmod - In: Financial innovation : FIN 5 (2019) 9, pp. 1-25
The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 …/ARDL estimations with panel unit root and cointegration tests. After establishing cointegration, remittances and financial development … financial development acted as a substitute in the remittances-growth relationship. Finally, unidirectional causal relationships …