The Mobile Phone, Information Sharing and Financial Sector Development in Africa: A Quantile Regressions Approach

Simplice Asongu and Nicholas Odhiambo

No 19/016, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: This study investigates linkages between the mobile phone, information sharing offices (ISO) and financial sector development in 53 African countries for the period 2004-2011. ISO are private credit bureaus and public credit registries. The empirical evidence is based on contemporary and non-contemporary quantile regressions. Two main hypotheses are tested: mobile phones complement ISO to enhance the formal financial sector (Hypothesis 1) and mobile phones complement ISO to reduce the informal financial sector (Hypothesis 2). The hypotheses are largely confirmed. This research adds to the existing body of literature by engaging hitherto unexplored dimensions of financial sector development and investigating the role of mobile phones in information sharing for financial sector development.

Keywords: Information sharing; Banking sector development; Africa (search for similar items in EconPapers)
JEL-codes: G20 G29 L96 O40 O55 (search for similar items in EconPapers)
Pages: 35
Date: 2019-01
New Economics Papers: this item is included in nep-fdg, nep-iue and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Forthcoming: Journal of the Knowledge Economy

Downloads: (external link)
http://publications.excas.org/RePEc/exs/exs-wpaper ... ctor-Development.pdf Revised version, 2019 (application/pdf)

Related works:
Journal Article: The Mobile Phone, Information Sharing, and Financial Sector Development in Africa: a Quantile Regression Approach (2020)
Working Paper: The Mobile Phone, Information Sharing and Financial Sector Development in Africa: A Quantile Regressions Approach (2019)
Working Paper: The Mobile Phone, Information Sharing and Financial Sector Development in Africa: A Quantile Regressions Approach (2019)
Working Paper: The Mobile Phone, Information Sharing and Financial Sector Development in Africa: A Quantile Regressions Approach (2019)
Working Paper: The Mobile Phone, Information Sharing and Financial Sector Development in Africa: A Quantile Regressions Approach (2019)
Working Paper: The mobile phone,information sharing and financial sector development in Africa: A quantile regressions approach (2019)
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