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Table 1.

Variables description and sources.

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Table 2.

Descriptive statistics.

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Table 3.

Relevant and related literature review.

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Table 4.

Unit root tests.

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Table 5.

Cointegration tests.

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Table 6.

Correlation matrix.

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Table 7.

Linear dynamic panel data instrumental variables GMM estimation results of economic freedom, inclusive growth, and financial development.

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Fig 1.

Pictorial display of the significant drivers of financial development.

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