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Can debt be used to finance growth? This question has stimulated a number of research papers, seminars and conferences. To date, however, no clear answer to the question is available. This paper attempts to answer the question using meta-analysis. Meta-analysis allows researchers to combine the results from both published and un-published research to gain insights regarding the directional and statistical significance of the relationship between the two variables. The results from the studydoi:10.1108/14468951011073307 fatcat:ywyjtyfgqzbznh3utrft2wzw7e