Arbeitspapier

Law, mobile money drivers and mobile money innovations in developing countries

This study investigates how the rule of law (i.e. law) modulates demand- and supply-side drivers of mobile money to influence mobile money innovations (i.e. mobile money accounts, the mobile phone used to send money and the mobile phone used to receive money) in developing countries. The following findings from Tobit regressions are established. First, from the demand-side linkages, law modulates: (i) bank accounts and automated teller machine (ATM) penetration for negative interactive relationships with mobile money innovations and (ii) bank sector concentration for a positive interactive relationship with mobile money accounts. Second, from supply-side linkages, law interacts with: (i) mobile subscriptions for a negative relationship with the mobile phone used to send money; (ii) mobile connectivity coverage for a negative nexus on the mobile phone used to receive money and (iii) mobile connectivity performance for a negative influence on the mobile phone used to send/receive money. Policy implications are discussed in the light of enhancing the rule of law as well as improving mobile phone subscription, connectivity and performance dynamics.

Language
Englisch

Bibliographic citation
Series: AGDI Working Paper ; No. WP/21/021

Classification
Wirtschaft
Household Behavior: General
Household Saving; Personal Finance
Personal Income, Wealth, and Their Distributions
Welfare Economics: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Subject
Mobile money
technology diffusion
financial inclusion
inclusive innovation

Event
Geistige Schöpfung
(who)
Asongu, Simplice
Agyemang-Mintah, Peter
Nting, Rexon T.
Event
Veröffentlichung
(who)
African Governance and Development Institute (AGDI)
(where)
Yaoundé
(when)
2021

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Asongu, Simplice
  • Agyemang-Mintah, Peter
  • Nting, Rexon T.
  • African Governance and Development Institute (AGDI)

Time of origin

  • 2021

Other Objects (12)