Defining and measuring financial inclusion: A systematic review and confirmatory factor analysis
نویسندگان
چکیده
This study re-examines the construct of financial inclusion, through a literature review and confirmatory factor analysis (CFA). First, we conduct systematic definitions, measures data sources. Second, apply CFA to test two prominent inclusion indices. The reveals high correlation between ‘access’ ‘use’ dimensions; hence, indices fail capture multidimensionality inclusion. Existing tend be biased towards measuring supply-side quantitative aspects extent which lower income individuals smaller firms have been incorporated into formal sector is not captured.
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ژورنال
عنوان ژورنال: Journal of International Development
سال: 2021
ISSN: ['0954-1748', '1099-1328']
DOI: https://doi.org/10.1002/jid.3524