Mobile money use and social health insurance enrolment among rural dwellers outside the formal employment sector: Evidence from Kenya

Colbourn, Tim; Seal, Andrew

doi:10.1002/hpm.2930

Cited by 25 publications

(24 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Finally, in addition to risk smoothing, MM appears to stimulate healthcare participation and use. In Kenya, MM users were found more likely to enroll in a national insurance program (Obadha, Colbourn, & Seal, 2019). Ahmed and Cowan (2018) published one of the few studies to investigate the impact of MM on particular activities of healthcare use.…”

Section: Risk Smoothing and Healthcarementioning

confidence: 99%

What we know and don't know about the socioeconomic impacts of mobile money in Sub‐Saharan Africa: A systematic literature review

Nan

Xiao-lin

Markus

2020

E J Info Sys Dev Countries

View full text Add to dashboard Cite

Mobile money has been viewed as transformative in developing countries, because it provides basic financial services via mobile phones to people who lack easy access to formal financial services such as bank accounts. Given its accessibility, security, and affordability, mobile money has been increasingly touted as a promising digital solution for socioeconomic development in Sub‐Saharan Africa. Despite its potentially disruptive impacts, research on this innovation remains fragmentary. To take stock of what is known and to advance future research, a systematic review was conducted of 82 empirical academic studies on the socioeconomic impacts of mobile money in Sub‐Saharan Africa. Results show that mobile money, when widely used in Sub‐Saharan African countries, has enabled a wide range of socioeconomic benefits at multiple levels including household welfare, business benefits, community development, financial development, and country well‐being. In addition, the systematic review reveals multifaceted research biases and gaps in the literature and accordingly suggests promising directions for future research.

show abstract

Section: Risk Smoothing and Healthcarementioning

confidence: 99%

What we know and don't know about the socioeconomic impacts of mobile money in Sub‐Saharan Africa: A systematic literature review

Nan

Xiao-lin

Markus

2020

E J Info Sys Dev Countries

View full text Add to dashboard Cite

show abstract

“…A possible explanation is that local digital lending development can enable easy accessibility to digital credit and thereby increasing households' ability to access quick loans to pay for health services during unexpected events or health emergencies. The result is consistent with previous studies which demonstrate the potential effects of innovative financial products such as mobile money and digital credit on health care (Ahmed & Cowan, 2021;Bharadwaj et al, 2019;Obadha et al, 2020).…”

Section: Local Digital Lending Development and Health Deprivationsupporting

confidence: 93%

“…This effect is found to be driven by an improvement in financial resilience, savings, and labour market participation . Further, there is evidence suggesting that mobile money has the potential to improve access to health care (Ahmed & Cowan, 2021;Obadha, Colbourn, & Seal, 2020). show that mobile money adoption increases the probability of individuals especially vulnerable groups to save towards health emergencies.…”

mentioning

confidence: 99%

The economic outcomes of financial innovation and digital infrastructure in Sub-Saharan Africa

Tetteh¹

View full text Add to dashboard Cite

published version features the final layout of the paper including the volume, issue and page numbers. Link to publication General rightsCopyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.• Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal.If the publication is distributed under the terms of Article 25fa of the Dutch Copyright Act, indicated by the "Taverne" license above, please follow below link for the End User

show abstract

“…In terms of studies focusing on health outcomes, Ahmed and Cowen (2021), Obadha et al (2020), Meneses et al (2019), and to some extent Adaba et al (2019) stand out in the literature. In all these papers, there is a consensus that m-money adoption improves health outcomes, although all but Meneses et al (2019) fail to adequately address the issues of endogeneity.…”

Section: Literature Reviewmentioning

confidence: 99%

“…In terms of studies focusing on health outcomes, Ahmed and Cowen (2021), Obadha et al. (2020), Meneses et al. (2019), and to some extent Adaba et al.…”

Section: Literature Reviewmentioning

confidence: 99%

Investigating the well‐being implications of mobile money access and usage from a multidimensional perspective

Sakyi‐Nyarko

Ahmad

Green

2021

Review Development Economics

View full text Add to dashboard Cite

Using household survey data gleaned from Ghana, we carried out a microeconometric analysis of the relationship between mobile money (m-money) and multidimensional well-being. A key feature of this paper is the computation of a well-being index, incorporating important household welfare dimensions including health, education, and wealth, thus allowing an examination of the link between m-money and well-being from a multidimensional perspective. Using instrumental variable probit models with phone ownership and public sector employment as instruments, we find that although access to m-money is important it is its usage that has a profound well-being effect. We also explore alternative specifications of the models in which access to, and usage of, m-money explains the variations in the individual well-being components, which also relate to the Sustainable Development Goals. The results from these alternative specifications suggest that there are significant welfare disparities between those who just have access to m-money and those who use it frequently. The policy implication of this finding is that measures that encourage m-money usage would not only promote At least since the early 2000s, developing countries (particularly in Africa) had been grappling with how to reach out to the unbanked and underbanked population, who are usually the poor and often marginalized groups in society (the youth and women). Providing banking facilities to poor individuals is expensive due to the investments required to establish functioning bank branches (Ahmad et al., 2020;Beck et al., 2007;Narain, 2009). The high transaction costs associated with reaching out to this segment of the population form the main supply-side constraints to financial inclusion. Admittedly, this problem is particularly more serious in Africa where good infrastructure to support financial outreach is lacking, which widens the financial gap in the region, even among the developing economies (Beck et al., 2007).The rapid growth of mobile phone penetration in Africa over the past decade-from 28.5 phones per 100 inhabitants in 2007 to 64.8 phones per 100 inhabitants in 2013-has enabled the introduction of mobile money (m-money) on the continent. It was first introduced in South Africa in 2006, followed by the continent's most successful m-money, M-PESA in Kenya (Ahmad et al., 2020;Suri & Jack, 2016). M-money has become ubiquitous in Africa, spreading from East to West Africa and beyond, and it is emerging as a game changer in many African countries. This is particularly welcoming as it is considered as an important financial innovation that can be leveraged to break barriers to financial inclusion, especially in rural areas (Munyegera & Matsumoto, 2016).Evidently, financial inclusion has been improving in Africa since the advent of the m-money. For example, in Ghana, financial inclusion increased by 17% between 2014 and 2017 according to the Global Findex surveys (Demirguc-Kunt et al., 2018). 1 This improvement was largely attributed to the increase in the numb...

show abstract

Mobile money use and social health insurance enrolment among rural dwellers outside the formal employment sector: Evidence from Kenya

Cited by 25 publications

References 34 publications

What we know and don't know about the socioeconomic impacts of mobile money in Sub‐Saharan Africa: A systematic literature review

What we know and don't know about the socioeconomic impacts of mobile money in Sub‐Saharan Africa: A systematic literature review

The economic outcomes of financial innovation and digital infrastructure in Sub-Saharan Africa

Investigating the well‐being implications of mobile money access and usage from a multidimensional perspective

Contact Info

Product

Resources

About