IDEAS home Printed from https://ideas.repec.org/p/aer/wpaper/455.html
   My bibliography  Save this paper

Inclusive Growth in SubSaharan Africa: Do Financial Depth and Inclusion Matter?

Author

Listed:
  • Wytone Jombo

    (Reserve Bank of Malawi)

Abstract

This study attempts to contribute to the existing literature by exploring the effect of financial inclusion and depth on inclusive growth for 26 sub-Saharan Africa countries. Using the random effects panel regressions, the results suggest that financial inclusion positively affects inclusive growth in the sub-Saharan region, while financial depth variable does not. At very high levels of financial inclusion, however, the results portray decreasing marginal effects of financial inclusion on inclusive growth. Evidence from this study, however, shows weak transmission channel from financial deepening indicators to inclusive growth. The study recommends more financial inclusion drives, particularly those where the levels of financial inclusion are still low and significant to inclusive growth.

Suggested Citation

  • Wytone Jombo, 2021. "Inclusive Growth in SubSaharan Africa: Do Financial Depth and Inclusion Matter?," Working Papers 455, African Economic Research Consortium, Research Department.
    • Handle: RePEc:aer:wpaper:455
    as

    Download full text from publisher

    File URL: ftp://41.215.20.26/RePEc/aer/wpaper/Researchpaper455.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aer:wpaper:455. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joel Mathia (email available below). General contact details of provider: ftp://41.215.20.26/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.