The diffusion of fintech, financial inclusion and income per capita
نویسندگان
چکیده
Advances in information and communication technology (ICT) have provided a platform for the introduction diffusion of range financial technologies that transformed sector. This study analyses (fintech) its interaction with inclusion living standards (GDP per capita). We consider determinants effects services identify two possible transmission mechanisms from sector to GDP capita – fintech channel channel. specify interactions between these channels their relationship income capita. Our empirical analysis focuses on enabling innovations: ATMs associated digital networks; mobile phones payments systems. The relationships diffusion, are estimated using panel data set up 137 countries over period 1991–2015 both cross section techniques, including an error correction model distinguishes short- long-run effects. A key finding is above short-run impact investment fixed human capital.
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ژورنال
عنوان ژورنال: European Journal of Finance
سال: 2021
ISSN: ['1351-847X', '1466-4364']
DOI: https://doi.org/10.1080/1351847x.2021.1945646