On the diffusion of mobile phone innovations for financial inclusion

Arbeitspapier

"Replications are an important part of the research process because they allow for greater confidence in the findings" (McEwan, Carpenter & Westerman, 2018, p. 235). This study extends Lashitew, van Tulder and Liasse (2019, RP) by addressing the concern of multicollinearity that affects the signs and significance of estimated coefficients. This article investigates nexuses between innovations in mobile money and financial inclusion in developing countries. Demand and supply factors that affect the diffusion of mobile services as well as macro-level institutional and economic factors are taken on board. The empirical evidence is based on Tobit regressions. The study finds that when the empirical analysis is robust to multicollinearity, two main tendencies are apparent: the significant findings of Lashitew et al. (2019) are confirmed and many new significant estimated coefficients emerge. While this study confirms the findings of the underlying research, it also goes further to improve the harmony in narratives between the predictors and the outcome variables. Accordingly, by accounting for multicollinearity, the earlier findings are now more consistent across the set of predictors (i.e. demand and supply factors) and the attendant financial inclusion outcomes (i.e. mobile money accounts, mobile used to send money and mobile used to receive money).

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: AGDI Working Paper ; No. WP/20/041

Klassifikation und Themen

• Klassifikation: 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
• Thema: Mobile money ; technology diffusion ; financial inclusion ; inclusive innovation

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Asongu, Simplice ; Biekpe, Nicholas ; Cassimon, Danny
• Ereignis: Veröffentlichung
• (wer): African Governance and Development Institute (AGDI)
• (wo): Yaoundé
• (wann): 2020

Weitere Informationen

• Handle: http://hdl.handle.net/10419/228018
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ