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The comparative economics of financial access in gender economic inclusion

Simplice Asongu (African Governance and Development Institute, Yaoundé, Cameroon)
Rexon Nting (University of Wales Trinity Saint David, Carmarthen, UK)

African Journal of Economic and Management Studies

ISSN: 2040-0705

Article publication date: 16 December 2020

Issue publication date: 25 May 2021

119

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.

Keywords

Acknowledgements

The authors are indebted to the editor and reviewers for constructive comments.

Citation

Asongu, S. and Nting, R. (2021), "The comparative economics of financial access in gender economic inclusion", African Journal of Economic and Management Studies, Vol. 12 No. 2, pp. 193-207. https://doi.org/10.1108/AJEMS-06-2020-0268

Publisher

:

Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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