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