Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa

Simplice Asongu and Jacinta Nwachukwu ()

No 16/021, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

Abstract: The study assesses the role of mobile phones and mobile banking in decreasing inequality in 52 African countries. The empirical procedure involves first, examining the income-redistributive effect of mobile phone penetration and then investigating the contribution of mobile banking services in this relationship. The findings suggest an equalizing income-redistributive effect of ‘mobile phone penetration’ and ‘mobile banking’, with a higher income-equalizing effect from mobile banking compared to mobile phone penetration. Poverty alleviation channels explaining this difference in inequality mitigating propensity are discussed.

Keywords: Banking; Mobile Phones; Shadow Economy; Financial Development; Africa (search for similar items in EconPapers)
JEL-codes: E00 G20 L96 O17 O33 (search for similar items in EconPapers)
Pages: 25
Date: 2016-01
New Economics Papers: this item is included in nep-afr, nep-ban, nep-ger, nep-ict, nep-mac, nep-mfd and nep-pay
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Citations: View citations in EconPapers (50)

Forthcoming: African Finance Journal

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http://www.afridev.org/RePEc/agd/agd-wpaper/Mobile ... opment-in-Africa.pdf Revised version, 2016 (application/pdf)

Related works:
Journal Article: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
Working Paper: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
Working Paper: Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:agd:wpaper:16/021

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