| By: |
Simplice A. Asongu (Yaounde, Cameroon);
Nicholas M. Odhiambo (Pretoria, South Africa) |
| Abstract: |
This study establishes economic growth needed for supply-side mobile money
drivers in developing countries to be positively related to mobile money
innovations in the perspectives of mobile money accounts, the mobile phone
used to send money, and the mobile phone used to receive money. The empirical
evidence is based on Tobit regressions. For the negative net relationships
that are computed, minimum economic growth thresholds are established above
which the net negative relationships become net positive relationships. The
following minimum economic growth rates are required for nexuses between
supply-side mobile money drivers and mobile money innovations to be positive:
(i) 6.109% (6.193%) of GDP growth for mobile connectivity performance to be
positively associated with the mobile phone used to send (receive) money and
(ii) 4.590 % (4.259%) of GDP growth for mobile connectivity coverage to be
positively associated with the mobile phone used to send (receive) money. |
| Keywords: |
Mobile money; technology diffusion; financial inclusion; inclusive innovation |
| JEL: |
D10 D14 D31 D60 O30 |
| Date: |
2022–01 |
| URL: |
http://d.repec.org/n?u=RePEc:exs:wpaper:22/013&r= |