The comparative exploration of mobile money services in inclusive development

Simplice Asongu and Ndemaze Asongu
Authors registered in the RePEc Author Service: Ndemaze Asongu

MPRA Paper from University Library of Munich, Germany

Abstract: Purpose- We respond to some challenges in the transition to Sustainable Development Goals by examining the correlations between mobile and inclusive development (quality of growth, poverty and inequality) in 93 developing countries for the year 2011. Design/methodology/approach- Mobile money service entails: ‘mobile used to pay bills’ and ‘mobile used to receive/send money’. Interactive Ordinary Least Squares are employed. Findings- The following findings are established. First, increasing use of the mobile phones to pay bills: is positively linked to ‘quality of growth’ in lower-middle income countries (LMIC) and negatively correlated with inequality in Latin American countries (LA). Second, growing use of mobile phones to send/receive money is negatively associated with poverty in Asia and Pacific (AP) and Central and Eastern Europe (CEE). Originality/value- Macroeconomic data on mobile money service is scarce. No study to the best of our knowledge has used this macroeconomic mobile money service data before.

Keywords: Mobile money services; Quality of growth; poverty; inequality (search for similar items in EconPapers)
JEL-codes: G20 I10 I20 I32 O40 (search for similar items in EconPapers)
Date: 2017-01
New Economics Papers: this item is included in nep-mfd, nep-pay and nep-sea
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Related works:
Journal Article: The comparative exploration of mobile money services in inclusive development (2018)
Working Paper: The comparative exploration of mobile money services in inclusive development (2017)
Working Paper: The comparative exploration of mobile money services in inclusive development (2017)
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