Financial inclusion and ethnic development: Evidence from satellite light density at night

Sami Dakhlia, Boubacar Diallo () and Akram Temimi

Journal of Behavioral and Experimental Finance, 2021, vol. 29, issue C

Abstract: We contribute to the nascent literature on financial inclusion by taking a meso-level perspective. Focusing on eleven ethnic groups in Nigeria and Senegal, we deal with the paucity of data at subnational levels by combining data from the Migration Household Survey with satellite-view light density at night. We find a significant positive link between ethnic financial inclusion and local economic prosperity: a result that remains robust when controlling for local geography, the disease environment, natural resources, and ecological factors.

Keywords: Financial access; Development; Africa; Ethnicity (search for similar items in EconPapers)
JEL-codes: D14 G21 O10 O43 Z10 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:beexfi:v:29:y:2021:i:c:s2214635020303841

DOI: 10.1016/j.jbef.2020.100455

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