Mobile money adoption and households’ vulnerability to shocks: Evidence from Togo

Komivi Afawubo (komivi.afawubo@univ-lorraine.fr), Mawuli Couchoro, Messan Agbaglah and Tchapo Gbandi
Additional contact information
Komivi Afawubo: CEREFIGE - Centre Européen de Recherche en Economie Financière et Gestion des Entreprises - UL - Université de Lorraine
Mawuli Couchoro: Université de Lomé [Togo]
Tchapo Gbandi: Université de Lomé [Togo]

Post-Print from HAL

Abstract: We investigate the determinants of mobile money adoption process and whether its use helps households in Togo to be resilient to predictable and unpredictable life events. Using ordered logit and sequential logit models, our results show that in the adoption process, households benefit from weak ties of social groups such as religious group and informal saving group for the adoption of mobile money. We equally find that being client of banks or microfinance institutions act as powerful channels from one step to another in the process. Besides, our findings reveal that households whoever use mobile money seem to be more resilient to climatic shocks such as drought, irregular rain, soil degradation, erosion and fertility reduction and to shock that affect households' assets (non-climatic: high prices of agricultural inputs). However, the picture is more contrasted when the individuals are classified by disadvantaged groups such as rural people, women, less educated and people with low incomes.

Keywords: Mobile money; financial inclusion; economic shocks; Togo (search for similar items in EconPapers)
Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Published in Applied Economics, 2020, 52 (10), pp.1141-1162. ⟨10.1080/00036846.2019.1659496⟩

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:hal:journl:hal-02300913

DOI: 10.1080/00036846.2019.1659496

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD (hal@ccsd.cnrs.fr).