Telecommunications regulation, mobile money innovations and financial inclusion

Simplice Asongu

No 23/009, Journal of Africa SEER Centre(ASC) from Africa SEER Centre(ASC)

Abstract: This study assesses how corporate telecommunication (telecom) policies follow telecom sector regulation in mobile money innovation for financial inclusion in developing countries. Telecom policies are understood in terms of mobile subscriptions, mobile connectivity coverage and mobile connectivity performance while mobile money innovations represent mobile money accounts, the mobile used to send money and the mobile used to receive money. The empirical evidence is based on Tobit regressions. Telecom sector regulation positively influences mobile money innovations. From net influences, mobile subscriptions and connectivity policies moderate telecom sector regulation to positively influence mobile money innovations; exclusively within the remit of mobile money accounts because the corresponding net influences on the mobile used to send money and the mobile used to receive money are negative. The interactive influences are consistently negative and hence, thresholds for complementary policies are provided in order to maintain the positive influence of telecom sector regulation on mobile money innovations. This study has complemented the extant literature by assessing how corporate telecommunication policies follow telecommunication sector regulation in mobile money innovations for financial inclusion.

Keywords: Mobile money; technology diffusion; financial inclusion; inclusive innovation (search for similar items in EconPapers)
JEL-codes: D10 D14 D31 D60 O30 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2023-01
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Forthcoming in Journal of Financial Regulation and Compliance

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https://africaseercentre.org/publications/RePEc/db ... ancial-Inclusion.pdf Revised version, 2023 (application/pdf)

Related works:
Journal Article: Telecommunications regulation, mobile money innovations and financial inclusion (2023)
Working Paper: Telecommunications regulation, mobile money innovations and financial inclusion (2023)
Working Paper: Telecommunications regulation, mobile money innovations and financial inclusion (2023)
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