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Mobile Money Adoption and Financial Inclusion Objectives: A Macroeconomic Approach through a Cluster Analysis

Author

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  • Maëlle Della Peruta

    (University of Nice Sophia Antipolis, France
    GREDEG CNRS)

Abstract

This paper investigates the adoption patterns of Mobile Money in emerging and developing countries. Starting from macroeconomic comparative and case studies realised by practitioners experts, this paper proposes a wider macroeconomic approach based on cluster analysis as an alternative strategy for assessing similarity in adoption levels. By anchoring observations from previous studies in innovation adoption and diffusion theories, this article evaluates dissimilarity between groups of countries sharing the same adoption levels. Since the results matches with hypotheses from the innovation adoption and diffusion literature, this analysis nuances the potential of Mobile Money as an inclusive financial tool fighting banking exclusion.

Suggested Citation

  • Maëlle Della Peruta, 2015. "Mobile Money Adoption and Financial Inclusion Objectives: A Macroeconomic Approach through a Cluster Analysis," GREDEG Working Papers 2015-49, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
  • Handle: RePEc:gre:wpaper:2015-49
    as

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    References listed on IDEAS

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    Cited by:

    1. Éric Darmon & Laetitia Chaix & Dominique Torre, 2016. "M-payment use and remittances in developing countries: a theoretical analysis," Revue d'économie industrielle, De Boeck Université, vol. 0(4), pages 159-183.

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    More about this item

    Keywords

    Complementary currencies; scar effect; employability; mutual credit;
    All these keywords.

    JEL classification:

    • E03 - Macroeconomics and Monetary Economics - - General - - - Behavioral Macroeconomics
    • G00 - Financial Economics - - General - - - General
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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