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Empirical Analysis of Financial Development and Financial Inclusion Nexus in Nigeria

Author

Listed:
  • Anthony-Orji Onyinye I.
  • Orji Anthony
  • Ogbuabor Jonathan E.
  • Onwe Israel Emenike

    (Department of Economics, University of Nigeria, Nsukka, Nigeria)

Abstract

Subject and purpose of work: The literature on financial development and economic growth is expansive. The proportion of individuals and firms that use or have access to financial services can be referred to as the financially included. Considerable evidence shows that the poor benefit more from access to basic financial services such as payments, savings accounts and insurance. Thus, this study analysed the impact of financial inclusion on financial development in Nigeria between 1982 and 2019.

Suggested Citation

  • Anthony-Orji Onyinye I. & Orji Anthony & Ogbuabor Jonathan E. & Onwe Israel Emenike, 2022. "Empirical Analysis of Financial Development and Financial Inclusion Nexus in Nigeria," Economic and Regional Studies / Studia Ekonomiczne i Regionalne, Sciendo, vol. 15(2), pages 181-195, June.
    • Handle: RePEc:vrs:ecoreg:v:15:y:2022:i:2:p:181-195:n:1
    DOI: 10.2478/ers-2022-0012
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    Cited by:

    1. Nicholas Bamegne Nambie & Philomena Dadzie & Dorcas Oye Haywood-Dadzie, 2023. "Measuring the Effect of Income Inequality, Financial Inclusion, Investment, and Unemployment, on Economic Growth in Africa: A Moderating Role of Digital Financial Technology," International Journal of Economics and Financial Issues, Econjournals, vol. 13(4), pages 111-124, July.
    2. Csolák, Erika Horváthné & Musinszki, Zoltán & Lipták, Katalin, 2023. "Regional Differences In The Management And Financial Performance Of Hospitals In Hungary," Economic and Regional Studies (Studia Ekonomiczne i Regionalne), John Paul II University of Applied Sciences in Biala Podlaska, vol. 16(2), June.

    More about this item

    Keywords

    financial inclusion; financial development; investment; deposits;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance

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