Variation and determinants of financial inclusion and their association with human development: A cross-country analysis
110 citations recorded by the source corpus.
Abstract The paper attempts to analyze the financial inclusion scenario across several developed or developing countries of the world, for the period 2011 and 2014. The study focuses on developing a financial inclusion index (FII) and finds its association with the value of human development index. It also focuses on the explanation of variation in observed FII. Principal Component Method has been applied to calculate the three dimension indices (availability, access and usages) and finally FII. A pooled OLS with clustered standard error regression model has been used to explain the factors influencing the financial inclusion across the countries of the world.
Subfields: Accounting, Economics and Econometrics, Urban Studies
View Paper: https://www.semanticscholar.org/paper/e7bba761c93ccb4570bee669a2e5f0cffc0550c2