Bank Concentration and Gender Inclusive Education in Developing Countries

Simplice Asongu, Emeride Kayo () and Mame Sene ()
Additional contact information
Emeride Kayo: Yaoundé, Cameroon
Mame Sene: Dakar, Senegal

No 26/050, Working Papers from European Xtramile Centre of African Studies (EXCAS)

Abstract: The primary objective of this study is to assess the incidence of bank concentration on female education in developing countries. The study focuses on 80 countries for the period 2000 to 2020 and the empirical evidence is based on fixed effects and 2SLS regressions. Bank concentration is measured in terms of total assets owned by the three largest banks as well as the total assets owned by the five largest banks. Female education is proxied from four main perspectives, notably: (i) female enrolment in primary education; (ii) female enrolment in secondary education; (iii) female government spending on primary education and (iv) female government spending on secondary education. The results reveal that bank concentration (in terms of the total assets held by the three largest banks) reduces gender inclusive education and female government spending on education. Moreover, bank concentration (in terms of the total assets held by the five largest banks) also reduces gender inclusive education. Policy implications are discussed. The study complements the extant literature by assessing the nexus between bank concentration and inclusive education in developing countries.

Keywords: Bank Concentration; Female Education; Developing Countries; Fixed Effects; 2SLS (search for similar items in EconPapers)
Pages: 27 pages
Date: 2026-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://publications.excas.org/RePEc/exs/exs-wpaper ... loping-Countries.pdf Revised version, 2026 (application/pdf)

Related works:
Working Paper: Bank Concentration and Gender Inclusive Education in Developing Countries (2026)
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:exs:wpaper:26/050

Access Statistics for this paper

More papers in Working Papers from European Xtramile Centre of African Studies (EXCAS)
Bibliographic data for series maintained by Anutechia Asongu Simplice ().