Determinants Of Financial Inclusion In Bangladesh: Dynamic Gmm &amp; Quantile Regression Approach

Uddin, Ajim; Chowdhury, Mohammad Ashraful Ferdous; Islam, Md. Nazrul

doi:10.1353/jda.2017.0041

Cited by 48 publications

(42 citation statements)

References 14 publications

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“…The value of GDP per capita has a positive and significant effect on financial inclusion in ASEAN at significance level of 5%. These results are in line with research by Park and Mercado (2015), Uddin et. al., (2017), David et.…”

Section: Relationship Of Financial Inclusion Indices With Achievementsupporting

confidence: 93%

“…The results of the statistical analysis related to the determinants of financial inclusion (Table 2) show that the Literacy Rate has a positive and significant effect on economic integration in ASEAN with a significance level of 10%. This finding is in line with research by Sarma and Pias (2011), Park and Mercado (2015), Uddin et. al., (2017), Abel et.…”

Section: Relationship Of Financial Inclusion Indices With Achievementsupporting

confidence: 93%

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Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

Ma’ruf

Aryani²

2019

J. Bus. Econ. Review

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Objective – Financial Inclusion is an essential agenda at the ASEAN level. Increasing financial inclusion aims to develop the economic capacity of the population to reduce poverty and encourage income distribution. This study aims to analyze the relationship of financial inclusion to the achievement of Sustainable Development Goals (SDGs) in the aspect of poverty alleviation in ASEAN. Methodology/Technique – This study uses a quantitative approach. The data used is secondary data in the period between 2010 and 2018. Data processing uses multiple regression. The financial inclusion dimensions analyzed are the socioeconomic dimension and the infrastructure dimension. Findings – Financial Inclusion has a negative and significant relationship with the achievement of sustainable development goals (SGDs) in the aspect of poverty alleviation in ASEAN. Novelty – The statement that the development of countries in ASEAN to realize SDGs on poverty eradication becomes very important. This study is essential for policymakers regarding poverty alleviation and financial inclusion development. This study contributes to the financial inclusion literature in ASEAN with an emphasis on the socioeconomic dimension. Type of Paper: Empirical Keywords: Financial Inclusion; Sustainable Development Goals; Poverty; ASEAN. Reference to this paper should be made as follows: Ma’ruf, A; Aryani, F. 2019. Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN, J. Bus. Econ. Review 4(4) 147 – 155 https://doi.org/10.35609/jber.2019.4.4(1) JEL Classification: G00, G28.

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Section: Relationship Of Financial Inclusion Indices With Achievementsupporting

confidence: 93%

Section: Relationship Of Financial Inclusion Indices With Achievementsupporting

confidence: 93%

Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

Ma’ruf

Aryani²

2019

J. Bus. Econ. Review

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“…Many researchers explored the determinants of financial sector development, but relatively a small number of studies have explored the determinants of financial inclusion. In this context, studies generally have centered on studying the impact of specific factors that affect financial inclusion such as gender, age, income, education, household size, employment sta-tus, marital status, trust level in financial institutions (Soumaré et al, 2016;Tchamyou et al, 2019aTchamyou et al, , 2019b, interest rate, bank size and efficiency (Uddin et al, 2017), financial literacy, innovation or infrastructure (Akileng et al, 2018;Grohmann et al, 2018). Despite the significance of the ITC and financial inclusion relationship, there are very few studies that have focused on this relation, therefore is a clear need for additional studies.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Mobile Phones and Internet Use on Financial Inclusion: Empirical Evidence From the Eu Post-Communist Countries

Bayar

Gavriletea

Păun

2021

Technological and Economic Development of Economy

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Poverty alleviation has become one of the biggest challenges for many countries and access to financial services is considered to be a key driver of development and economic growth. Finding solutions that can break down barriers that poor people are facing to access formal financial services has become a major concern for researchers, governments, financial institutions. Financial services must reinvent themselves and the adoption of new technology is a crucial key to overhaul their operations and to find innovative solutions to manage customer expectations. The escalation in access and penetration level of mobile phones and the Internet can improve financial inclusion by facilitating easy access to financial services, by providing secure transaction platforms, by reducing transaction costs, by providing a competitive business framework. There has been relatively limited research on the impact of Internet and mobile phones use on financial inclusion, therefore our main purpose was to investigate this linkage in a sample of 11 post-communist countries of the European Union from 1996–2017 using panel cointegration and causality analyses. Firstly, we investigated whether mobile cellular phone subscriptions and the rate of Internet usage affect financial institutions’ access; secondly, we analysed the impact of these variables on financial market access. Results indicate that mobile cellular phone subscriptions positively affect both financial institution access in countries like Hungary, Latvia, Lithuania, Poland, and Slovenia and financial market access in Bulgaria, Croatia, and Hungary. Also, a negative relationship between mobile cellular phone subscriptions and financial institution access was noticed in the Czech Republic and regarding financial market access in the Czech Republic and Poland. Our findings also indicate both positive and negative relationships between Internet usage rates and financial institutions and financial markets access. By increasing Internet usage we can improve access to financial institutions in Bulgaria, Croatia, Czech Republic, Hungary, and Poland and we can increase financial markets access in Latvia and Slovenia.

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“…Similarly, only 3% of Chadians borrowed from a formal financial institution whereas, on average, 8% of adults did so in SSA. The extant literature provides evidence that gender, education, income, age, residence area, work status, and trust in financial institutions are some of the individual level determinants of financial inclusion (Fungáčová & Weill, 2015;Soumaré et al, 2016;Zins & Weill, 2016), whereas population density, per capita GDP, employment, age dependency ratio, and internet usage are their macro level counterparts (Allen et al, 2014;Park & Mercado Jr, 2018;Sha'ban et al, 2019;Uddin et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

An exploratory analysis of financial inclusion in Chad

Ibrahim¹

2020

EurJ Appl Econ

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This paper aims to explore the state of financial inclusion in Chad. Adopting a Multiple Correspondence Analysis (MCA) on a sample of 1000 individuals from the Global Findex (2017), the study measured the inclusiveness of financial systems in Chad through a Financial Inclusion Index (FII). Furthermore, it assessed the distribution of the FII using the factor decomposition of the Gini coefficient. The findings showed that the average FII was low, 24.89%, and it varied between 7.43% and 60.35%. Financial institution account, deposit, withdrawal, and debit card ownership were the most influential indicators of financial inclusion in Chad. Moreover, the paper revealed that, despite its low level, financial inclusion was not smoothly distributed among the Chadian population (Gini coefficient of 0.196). The analysis of the financial inclusion inequality profile showed that there was a persistent financial inclusion gender gap in Chad, exacerbated by discriminations in education and income. Thus, policy interventions should target the provision of formal accounts, a reduction of costs of financial services (withdrawal and debit cards), and promoting formal savings by developing adequate savings products, to foster financial inclusion in Chad. Furthermore, these policies should be gender-responsive while considering its interaction with education and income.

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Determinants Of Financial Inclusion In Bangladesh: Dynamic Gmm & Quantile Regression Approach

Cited by 48 publications

References 14 publications

Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

Financial Inclusion and Achievements of Sustainable Development Goals (SDGs) in ASEAN

Impact of Mobile Phones and Internet Use on Financial Inclusion: Empirical Evidence From the Eu Post-Communist Countries

An exploratory analysis of financial inclusion in Chad

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