Abstract
AbstractBackgroundGhana has witnessed rapid urban population growth over the past decades, which has led to vast environmental, settlement, human, and ecological issues. It is therefore extremely important to examine the factors that influence urban population growth in Ghana to provide policy directions for policymakers.ObjectivesThe article examines the impact of financial inclusion on urban population growth using three different measures of financial inclusion.MethodsWe applied the autoregressive distributed lag model (ARDL) to historical time‐series data covering the period of 1960 to 2020.ResultsThe estimates from the ARDL model show that financial inclusion exerts a positive effect on urban population growth. Specifically, the findings confirm that financial knowledge, usage, and availability of financial services contribute significantly to urban population growth over time.ConclusionThe findings in this study suggest that government and financial institutions should utilize various channels to increase financial knowledge, usage and availability of financial services among individuals living in deprived areas where there are a limited number of financial institutions.
Sign-in/Register to access full text options 
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 callDisclaimer: 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.
