期刊名称:International Journal of Economics and Financial Issues
电子版ISSN:2146-4138
出版年度:2019
卷号:9
期号:5
页码:104-110
DOI:10.32479/ijefi.8256
出版社:EconJournals
摘要:Whether finance enhances growth has continued to be a major debate among academics in the bids to drive economic growth and development. Hitherto, empirical studies focusing on Africa in addressing these issues for the expected regional sustainable growth are rare. This study applied structural equation modelling to simultaneously analyse mobile phones diffusion, financial inclusion, and economic growth in a panel of 32 African countries over the period from 2004 to 2016. The results provided evidence that financial inclusion affects economic growth via mobile phones. This study has implication for managing the deployment of mobile phones by for finance and growth relevance in Africa.
关键词:Financial inclusion; mobile phones diffusion; economic growth; structural equation modelling