Financial Inclusion Leads to Export Market Penetration: A Panel Study on Asian and African Countries

Shaista Aam () and Ayesha Khatoon
Additional contact information
Shaista Aam: University of Karachi
Ayesha Khatoon: University of Karachi

A chapter in Economic Growth and Financial Development, 2021, pp 57-71 from Springer

Abstract: Abstract The present chapter investigates the effect of financial inclusion on export market penetration for the panel of 31 developing Asian and African countries during the period of 2004–2015. This chapter also estimates the effect of other relevant macroeconomic factors like economic development, employment, inflation, and regulatory quality of institutions on export market penetration simultaneously. This chapter examines the effects of export market penetration and financial inclusion with other macroeconomic variables on economic growth. To estimate the export market penetration and economic growth models, the chapter employs Pooled Ordinary Least Square and Dynamic System Germanized Method of Moment Techniques. This chapter found that financial inclusion has a favorable effect on the export market penetration while economic growth is positively affected by export market penetration in the case of Asian and African countries.

Keywords: Export market penetration index; Financial inclusion index; Asian and African countries; GMM (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-79003-5_4

Ordering information: This item can be ordered from
http://www.springer.com/9783030790035

DOI: 10.1007/978-3-030-79003-5_4

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().