nep-fle New Economics Papers
on Financial Literacy and Education
Issue of 2022‒02‒14
one paper chosen by
Viviana Di Giovinazzo
Università degli Studi di Milano-Bicocca

  1. The of role economic growth in modulating mobile connectivity dynamics for financial inclusion in developing countries By Simplice A. Asongu; Nicholas M. Odhiambo

  1. 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=

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