Challenges of financial inclusion policies in Peru
The purpose of the research is to identify the main determinants of financial inclusion in Peru at the department level (without Lima) from 2010 to 2017, aiming to analyze the challenges faced by financial inclusion policies. A twostage GMM method was used to estimate a panel data model where the en...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universidad Católica de Colombia
2020-06-01
|
| Series: | Revista Finanzas y Política Económica |
| Subjects: | |
| Online Access: | https://revfinypolecon.ucatolica.edu.co/article/view/3177 |
| _version_ | 1797429082973011968 |
|---|---|
| author | Guillermo Boitano Deyvi Franco Abanto Aranda |
| author_facet | Guillermo Boitano Deyvi Franco Abanto Aranda |
| author_sort | Guillermo Boitano |
| collection | DOAJ |
| description | The purpose of the research is to identify the main determinants of financial inclusion in Peru at the department level (without Lima) from 2010 to 2017, aiming to analyze the challenges faced by financial inclusion policies. A twostage GMM method was used to estimate a panel data model where the endogenous variable is Sarma’s financial inclusion index (2008). The results indicate that bank concentration is the main variable affecting financial inclusion. At the same time, although the effect of technology is positive, it is diminishing over time due to the inefficient deployment of such technology and, in many cases, a lack of knowledge on how to use it, especially in the remote areas of Peru. |
| first_indexed | 2024-03-09T09:08:03Z |
| format | Article |
| id | doaj.art-635c7455c86f489aa92135a049028d75 |
| institution | Directory Open Access Journal |
| issn | 2248-6046 2011-7663 |
| language | English |
| last_indexed | 2024-03-09T09:08:03Z |
| publishDate | 2020-06-01 |
| publisher | Universidad Católica de Colombia |
| record_format | Article |
| series | Revista Finanzas y Política Económica |
| spelling | doaj.art-635c7455c86f489aa92135a049028d752023-12-02T09:33:46ZengUniversidad Católica de ColombiaRevista Finanzas y Política Económica2248-60462011-76632020-06-0112110.14718/revfinanzpolitecon.v12.n1.2020.3177Challenges of financial inclusion policies in PeruGuillermo Boitano0Deyvi Franco Abanto Aranda1Universidad de LimaUniversidad de LimaThe purpose of the research is to identify the main determinants of financial inclusion in Peru at the department level (without Lima) from 2010 to 2017, aiming to analyze the challenges faced by financial inclusion policies. A twostage GMM method was used to estimate a panel data model where the endogenous variable is Sarma’s financial inclusion index (2008). The results indicate that bank concentration is the main variable affecting financial inclusion. At the same time, although the effect of technology is positive, it is diminishing over time due to the inefficient deployment of such technology and, in many cases, a lack of knowledge on how to use it, especially in the remote areas of Peru.https://revfinypolecon.ucatolica.edu.co/article/view/3177financial inclusionpovertyfinancial educationfinancial exclusionbank concentration |
| spellingShingle | Guillermo Boitano Deyvi Franco Abanto Aranda Challenges of financial inclusion policies in Peru Revista Finanzas y Política Económica financial inclusion poverty financial education financial exclusion bank concentration |
| title | Challenges of financial inclusion policies in Peru |
| title_full | Challenges of financial inclusion policies in Peru |
| title_fullStr | Challenges of financial inclusion policies in Peru |
| title_full_unstemmed | Challenges of financial inclusion policies in Peru |
| title_short | Challenges of financial inclusion policies in Peru |
| title_sort | challenges of financial inclusion policies in peru |
| topic | financial inclusion poverty financial education financial exclusion bank concentration |
| url | https://revfinypolecon.ucatolica.edu.co/article/view/3177 |
| work_keys_str_mv | AT guillermoboitano challengesoffinancialinclusionpoliciesinperu AT deyvifrancoabantoaranda challengesoffinancialinclusionpoliciesinperu |