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The comparative economics of financial access in gender economic inclusion

The comparative economics of financial access in gender economic inclusion The study has investigated the comparative importance of financial access in promoting gender inclusion in African countries.Design/methodology/approachGender 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.FindingsIn 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/valueThis is the first study on the comparative importance of financial access in gender economic participation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png African Journal of Economic and Management Studies Emerald Publishing

The comparative economics of financial access in gender economic inclusion

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References (63)

Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
2040-0705
DOI
10.1108/ajems-06-2020-0268
Publisher site
See Article on Publisher Site

Abstract

The study has investigated the comparative importance of financial access in promoting gender inclusion in African countries.Design/methodology/approachGender 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.FindingsIn 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/valueThis is the first study on the comparative importance of financial access in gender economic participation.

Journal

African Journal of Economic and Management StudiesEmerald Publishing

Published: May 25, 2021

Keywords: Inequality; Gender inclusion; Financial development; Africa; I30; L96; O16; O55

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