Remittances, institutions and financial inclusion: new evidence of non-linearity
This paper investigates the effect of remittance inflows on financial inclusion. Using data from high remittance-receiving developing countries and applying dynamic panel data methods, we find that remittance inflow has a negative impact on financial inclusion for countries with low level of remitta...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
World Scientific
2020
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| Online Access: | http://psasir.upm.edu.my/id/eprint/86683/1/Remittances%2C%20institutions.pdf |
| _version_ | 1796981739621449728 |
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| author | Issabayev, Murat Saydaliyev, Hayotbek Avsar, Veysel Lee, Chin |
| author_facet | Issabayev, Murat Saydaliyev, Hayotbek Avsar, Veysel Lee, Chin |
| author_sort | Issabayev, Murat |
| collection | UPM |
| description | This paper investigates the effect of remittance inflows on financial inclusion. Using data from high remittance-receiving developing countries and applying dynamic panel data methods, we find that remittance inflow has a negative impact on financial inclusion for countries with low level of remittances. However, this relationship is positive for countries with high level of remittances. Our study found that there exists a nonlinear relationship between remittances and financial inclusion. We also show that the effect of remittances on the financial inclusion is conditional upon people’s perception about institutions. |
| first_indexed | 2024-03-06T10:42:03Z |
| format | Article |
| id | upm.eprints-86683 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T10:42:03Z |
| publishDate | 2020 |
| publisher | World Scientific |
| record_format | dspace |
| spelling | upm.eprints-866832022-11-22T09:13:01Z http://psasir.upm.edu.my/id/eprint/86683/ Remittances, institutions and financial inclusion: new evidence of non-linearity Issabayev, Murat Saydaliyev, Hayotbek Avsar, Veysel Lee, Chin This paper investigates the effect of remittance inflows on financial inclusion. Using data from high remittance-receiving developing countries and applying dynamic panel data methods, we find that remittance inflow has a negative impact on financial inclusion for countries with low level of remittances. However, this relationship is positive for countries with high level of remittances. Our study found that there exists a nonlinear relationship between remittances and financial inclusion. We also show that the effect of remittances on the financial inclusion is conditional upon people’s perception about institutions. World Scientific 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/86683/1/Remittances%2C%20institutions.pdf Issabayev, Murat and Saydaliyev, Hayotbek and Avsar, Veysel and Lee, Chin (2020) Remittances, institutions and financial inclusion: new evidence of non-linearity. Global Economy Journal, 20 (1). ISSN 2194-5659; ESSN: 1553-5304 https://www.worldscientific.com/doi/abs/10.1142/S2194565920500025?journalCode=gej |
| spellingShingle | Issabayev, Murat Saydaliyev, Hayotbek Avsar, Veysel Lee, Chin Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title | Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title_full | Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title_fullStr | Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title_full_unstemmed | Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title_short | Remittances, institutions and financial inclusion: new evidence of non-linearity |
| title_sort | remittances institutions and financial inclusion new evidence of non linearity |
| url | http://psasir.upm.edu.my/id/eprint/86683/1/Remittances%2C%20institutions.pdf |
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