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The comparative economics of financial access in gender economic inclusion

Author

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  • Simplice Asongu
  • Rexon Nting

Abstract

Purpose - The study has investigated the comparative importance of financial access in promoting gender inclusion in African countries. Design/methodology/approach - Gender inclusion is proxied by the female labour participation rate while financial channels include: financial system deposits and private domestic credit. The empirical evidence is based on non-contemporary fixed effects regressions. Findings - In order to provide more implications on comparative relevance, the dataset is categorised into income levels (middle income versus (vs.) low income); legal origins (French civil law vs. English common law); religious domination (Islam vs. Christianity); openness to sea (coastal vs. landlocked); resource-wealth (oil-poor vs. oil-rich) and political stability (stable vs. unstable). Six main hypotheses are tested, notably, that middle income, English common law, Christianity, coastal, oil-rich and stable countries enjoy better levels of “financial access”-induced gender inclusion compared to respectively, low income, French civil law, Islam, landlocked, oil-poor and unstable countries. All six tested hypotheses are validated. Originality/value - This is the first study on the comparative importance of financial access in gender economic participation.

Suggested Citation

  • Simplice Asongu & Rexon Nting, 2020. "The comparative economics of financial access in gender economic inclusion," African Journal of Economic and Management Studies, Emerald Group Publishing Limited, vol. 12(2), pages 193-207, December.
    • Handle: RePEc:eme:ajemsp:ajems-06-2020-0268
    DOI: 10.1108/AJEMS-06-2020-0268
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    JEL classification:

    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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