Information Sharing and Financial Sector Development in Africa

Vanessa Tchamyou () and Simplice Asongu

No 16/023, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

Abstract: This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development are employed, namely: financial sector dynamics of formalization, informalization and non-formalization. The empirical evidence is based on Ordinary Least Squares (OLS) and Generalised Method of Moments (GMM). The following findings are established. Information sharing bureaus increase (reduce) formal (informal/non-formal) financial sector development. In order to ensure that information sharing bureaus improve (decrease) formal (informal/non-formal) financial development, public credit registries should have between 45.45 and 50 percent coverage while private credit bureaus should have at least 26.25 percent coverage.

Keywords: Information sharing; Banking; Africa (search for similar items in EconPapers)
JEL-codes: G20 G29 L96 O40 O55 (search for similar items in EconPapers)
Pages: 35
Date: 2016-01
New Economics Papers: this item is included in nep-ger and nep-iue
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Citations: View citations in EconPapers (33)

Forthcoming: Journal of African Business

Downloads: (external link)
http://www.afridev.org/RePEc/agd/agd-wpaper/Inform ... opment-in-Africa.pdf Revised version, 2016 (application/pdf)

Related works:
Journal Article: Information Sharing and Financial Sector Development in Africa (2017)
Working Paper: Information Sharing and Financial Sector Development in Africa (2016)
Working Paper: Information Sharing and Financial Sector Development in Africa (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:agd:wpaper:16/023

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