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Gender Inequality and Access to Microfinance: Evidence from Ghana

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  • Theresa Mannah-Blankson

    () (Department of Business and Management, Messiah College, USA)

Abstract

This paper draws on the qualitative and quantitative evidence from a dataset generated from a survey of 499 households in Ghana to explore the implications of access to microfinance for the gender asset gaps. Two sets of statistical analysis are undertaken. The first is a cross-sectional regression analysis that examines the importance of microfinance for intra-household gender wealth inequality. The second uses the Oaxaca-Blinder decomposition method to examine the gaps in wealth between female-headed and male-headed households. The results show that higher access to microfinance is associated with lower gender asset gaps within and across households. The evidence suggests that targeting credit to financially constrained households, and in particular to women, can contribute to reducing poverty and gender inequality

Suggested Citation

  • Theresa Mannah-Blankson, 2018. "Gender Inequality and Access to Microfinance: Evidence from Ghana," Journal of African Development, African Finance and Economic Association (AFEA), vol. 20(2), pages 21-33.
  • Handle: RePEc:afe:journl:v:20:y:2018:i:2:p:21-33
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    References listed on IDEAS

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    Cited by:

    1. Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "How enhancing information and communication technology has affected inequality in Africa for sustainable development: An empirical investigation," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(4), pages 647-656, July.
    2. Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Challenges of Doing Business in Africa: A Systematic Review," Journal of African Business, Taylor & Francis Journals, vol. 20(2), pages 259-268, April.
    3. Simplice A. Asongu & Nicholas M. Odhiambo, 2018. "ICT, Financial Access and Gender Inclusion in the Formal Economic Sector: Evidence from Africa," The African Finance Journal, Africagrowth Institute, vol. 20(2), pages 45-65.
    4. Asongu, Simplice & Odhiambo, Nicholas, 2019. "Foreign Aid Complementarities and Inclusive Human Development in Africa," MPRA Paper 101086, University Library of Munich, Germany.
    5. Vanessa S. Tchamyou & Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "The Role of ICT in Modulating the Effect of Education and Lifelong Learning on Income Inequality and Economic Growth in Africa," African Development Review, African Development Bank, vol. 31(3), pages 261-274, September.
    6. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "How enhancing gender inclusion affects inequality: Thresholds of complementary policies for sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(1), pages 132-142, January.
    7. Asongu, Simplice A. & Nnanna, Joseph & Acha-Anyi, Paul N., 2020. "Finance, inequality and inclusive education in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 67(C), pages 162-177.
    8. Asongu, Simplice & Odhiambo, Nicholas, 2019. "Thresholds of income inequality that mitigate the role of gender inclusive education in promoting gender economic inclusion in Sub-Saharan Africa," MPRA Paper 102033, University Library of Munich, Germany.
    9. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Thresholds of External Flows for Inclusive Human Development in Sub-Saharan Africa," MPRA Paper 101521, University Library of Munich, Germany.
    10. Joseph Ikechukwu Uduji & Elda N. Okolo‐Obasi & Simplice A. Asongu, 2019. "Corporate social responsibility and the role of rural women in sustainable agricultural development in sub‐Saharan Africa: Evidence from the Niger Delta in Nigeria," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(4), pages 692-703, July.
    11. Asongu, Simplice A. & Nnanna, Joseph & Acha-Anyi, Paul N., 2020. "Inequality and gender economic inclusion: The moderating role of financial access in Sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 65(C), pages 173-185.
    12. Simplice Asongu & Nicholas Odhiambo, 2019. "Inequality and the economic participation of women in sub-Saharan Africa: An empirical investigation," African Journal of Economic and Management Studies, Emerald Group Publishing, vol. 11(2), pages 193-206, June.
    13. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "The role of Globalization in Modulating the Effect of Environmental Degradation on Inclusive Human Development," Working Papers of the African Governance and Development Institute. 20/015, African Governance and Development Institute..
    14. Simplice A. Asongu & Nicholas M. Odhiambo, 2020. "Inequality thresholds, governance and gender economic inclusion in sub-Saharan Africa," International Review of Applied Economics, Taylor & Francis Journals, vol. 34(1), pages 94-114, January.
    15. Asongu, Simplice & Nnanna, Joseph, 2020. "Inclusive Human Development in Sub-Saharan Africa," MPRA Paper 103142, University Library of Munich, Germany.
    16. Asongu, Simplice A. & Odhiambo, Nicholas M., 2020. "Inequality and gender inclusion: Minimum ICT policy thresholds for promoting female employment in Sub-Saharan Africa," Telecommunications Policy, Elsevier, vol. 44(4).
    17. Asongu, Simplice & Nnanna, Joseph & Acha-Anyi, Paul, 2020. "Inclusive Education for Inclusive Economic Participation: the Financial Access Channel," MPRA Paper 103151, University Library of Munich, Germany.
    18. Hyung Baek Lim & Chulwoo Kim, 2020. "The failure of a rural development project: South Korean official development assistance in the Democratic Republic of the Congo," Asian Journal of Agriculture and rural Development, Asian Economic and Social Society, vol. 10(1), pages 259-269, June.
    19. Tolulope T. Osinubi & Simplice A. Asongu, 2020. "Globalization and Female Economic Participation in MINT and BRICS countries," Working Papers of the African Governance and Development Institute. 20/058, African Governance and Development Institute..

    More about this item

    Keywords

    Africa; Gender Inequality; Ghana; Intra-Household Analysis; and Microfinance;

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation

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