On the diffusion of mobile phone innovations for financial inclusion

This article investigates nexuses between innovations in mobile money and financial inclusion. Demand supply factors that affect the diffusion of services as well macro-level institutional economic are taken account. The focus is on 148 countries with data mostly consisting 2010–2014 averages. empirical evidence based Tobit regressions. study finds when analysis robust to multicollinearity, two main tendencies apparent: significant findings Lashitew et al. (2019) [1] confirmed many new estimated coefficients emerge. While this confirms underlying research, it also goes further improve harmony narratives predictors outcome variables. Accordingly, by accounting for earlier now more consistent across set (i.e. demand factors) attendant inclusion outcomes accounts, used send receive money).