Abstract

This paper examines the influence of financial inclusion on economic growth in 37 developed countries and 21 emerging countries during the period 2006-2017. The GMM method is used to analyze panel data. The analysis results show that the financial inclusion has a positive effect on economic growth in developed and emerging countries. The impacts of financial inclusion on economic growth in developed countries has a steeper slope than in emerging countries. Besides financial inclusion, trade openness and intellectual property right also affect the economic growth of these countries.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.