Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies
Abstract
:1. Introduction
2. Background and Development of Hypotheses
2.1. Intellectual Capital
2.1.1. Human Capital and Financial Inclusion
2.1.2. Organisational Capital and Financial Inclusion
2.1.3. Physical and Financial Capital and Financial Inclusion
3. Research Design
3.1. Sample
3.2. Dependent Variable
3.3. Independent Variables
4. Empirical Results
4.1. Descriptive Statistics
4.2. Regression Analysis
5. Summary and Conclusions
Acknowledgments
Conflicts of Interest
References
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Stats | Mean | Std. Dev. | Minimum | Maximum | Skewness | Kurtosis |
---|---|---|---|---|---|---|
LnFI | 0.798 | 0.282 | 0.292 | 1.237 | −1.190 | 3.369 |
VAIC | 4.654 | 3.095 | −3.250 | 11.030 | −0.165 | 3.927 |
HCE | 3.294 | 2.622 | −2.704 | 9.410 | 0.177 | 3.817 |
SCE | 1.232 | 0.698 | −0.039 | 3.187 | 0.575 | 4.462 |
CEE | 0.381 | 0.156 | −0.094 | 0.488 | 0.059 | 2.487 |
Bank-size | 14.361 | 1.557 | 10.787 | 16.836 | −0.674 | 2.736 |
VIF | LnFI | VAIC | HCE | SCE | CEE | |
---|---|---|---|---|---|---|
VAIC | 1.79 | 0.2893 | ||||
HCE | 1.64 | 0.3089 | 0.9185 | |||
SCE | 1.52 | 0.1711 | 0.0344 | 0.0759 | ||
CEE | 1.49 | 0.3810 | 0.5179 | 0.5577 | 0.2009 | |
Bank-size | 1.34 | 0.4762 | 0.3694 | 0.4008 | 0.1989 | 0.4516 |
Models | Model (1) | Model (2) | Model (3) | Model (4) |
---|---|---|---|---|
Observations | 72 | 72 | 72 | 72 |
VAIC | 0.0147 ** | |||
Banks-size | 0.0893 *** | 0.0876 *** | 0.0987 *** | 0.0788 *** |
HCE | 0.0191 *** | |||
SCE | 0.0211 | |||
CEE | 0.597 *** | |||
Constant | −0.378 * | −0.350 * | −0.485 ** | −0.232 |
Adj. R2 | 0.271 | 0.275 | 0.261 | 0.351 |
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Nawaz, T. Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies. Int. J. Financial Stud. 2018, 6, 59. https://doi.org/10.3390/ijfs6020059
Nawaz T. Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies. International Journal of Financial Studies. 2018; 6(2):59. https://doi.org/10.3390/ijfs6020059
Chicago/Turabian StyleNawaz, Tasawar. 2018. "Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies" International Journal of Financial Studies 6, no. 2: 59. https://doi.org/10.3390/ijfs6020059
APA StyleNawaz, T. (2018). Lifting the Lid on Financial Inclusion: Evidence from Emerging Economies. International Journal of Financial Studies, 6(2), 59. https://doi.org/10.3390/ijfs6020059