Empirical Analysis of Financial Development and Financial Inclusion Nexus in Nigeria

• Autorzy: Onyinye I. Anthony-Orji , Anthony Orji , Jonathan E. Ogbuabor , Israel Emenike Onwe

Warianty tytułu

Empiryczna analiza rozwoju finansowego i integracji finansowej w Nigerii

• Języki publikacji: EN

Abstrakty

EN

Subject and purpose of work: The literature on financial development and economic growth is expansive. The proportion of individuals and firms that use or have access to financial services can be referred to as the financially included. Considerable evidence shows that the poor benefit more from access to basic financial services such as payments, savings accounts and insurance. Thus, this study analysed the impact of financial inclusion on financial development in Nigeria between 1982 and 2019. Materials and methods: Multiple regression analysis was employed in the study in order to properly estimate the models and get robust results. Results: The findings reveal that financial inclusion has a minor impact on financial development. Investment was also shown to improve financial development. Conclusions: The study recommended that policies should be directed towards creating a more inclusive financial system in order to improve the current level of financial inclusion, so as to achieve better financial development in Nigeria. (original abstract)

Temat i cel pracy: W pracy przeanalizowano wpływ włączenia finansowego na rozwój finansowy Nigerii w latach 1982-2019. W badaniu zastosowano analizę regresji wielokrotnej w celu prawidłowego oszacowania modeli i uzyskania solidnych wyników. Wyniki pokazują, że włączenie finansowe w bardzo dużym stopniu wpływa na rozwój finansowy. Materiały i metody: W badaniu zastosowano analizę regresji wielokrotnej w celu prawidłowego oszacowania modeli i uzyskania solidnych wyników. Wyniki:Wyniki pokazują, że włączenie finansowe w bardzo dużym stopniu wpływa na rozwój finansowy. Depozyty wiejskich oddziałów banków komercyjnych odzwierciedlały negatywny związek z rozwojem finansowym. Inwestycje miały również pozytywny związek z rozwojem finansowym. Wnioski: W badaniu zalecono, aby polityki były ukierunkowane na tworzenie bardziej inkluzywnego systemu finansowego, aby poprawić obecny poziom integracji finansowej, tak aby osiągnąć lepszy rozwój finansowy w Nigerii. (abstrakt oryginalny)

Słowa kluczowe

EN

Fnancial development; Financial institutions; Economic growth; Regression analysis; Least squares method

PL

Rozwój finansowy; Instytucje finansowe; Wzrost gospodarczy; Analiza regresji; Metoda najmniejszych kwadratów

• Czasopismo: Economic and Regional Studies
• Rocznik: 2022
• Tom: 15
• Numer: nr 2
• Strony: 181--195

Twórcy

autor

Onyinye I. Anthony-Orji

• University of Nigeria, Nigeria

autor

Anthony Orji

• University of Nigeria, Nigeria

autor

Jonathan E. Ogbuabor

• University of Nigeria, Nigeria

autor

Israel Emenike Onwe

• University of Nigeria, Nigeria

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Identyfikatory

DOI

10.2478/ers-2022-0012