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Revisiting the relation between financial inclusion and economic growth: a global analysis using panel threshold regression

Year: 2024

Type: article

Abstract: • We re-examine the finance-growth nexus for a range of the subcategory of countries. • Financial inclusion (FI) has impacted positively economic growth across all panels. • The impact of FI is greater for advanced countries. • The effects of FI on growth are higher for non-fragile compared with fragile economies. • Financial development increases the impact of financial inclusion on economic growth.

Source: Economic Modelling

DOI: 10.1016/j.econmod.2024.106707

Authors: Jalal Siddiki, Ladi R. Bala-Keffi

Institution: Kingston University London

Language: English

Topic: Microfinance and Financial Inclusion

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Reduced inequalities

Open Access status: hybrid

Estimated APC paid: $3,140