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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 2 Determinants of financial inclusion (fixed effect estimation)

From: Does financial inclusion reduce poverty and income inequality in developing countries? A panel data analysis

Variables(1)(2)(3)
cfiicfiicfii
lngdppc0.476*** (0.0684)0.460*** (0.0745)
lnagedep− 0.777*** (0.173)− 0.491*** (0.141)
lninflation− 0.00699* (0.00393)− 0.0129*** (0.00472)− 0.0153*** (0.00466)
lngini− 0.609*** (0.221)− 0.645** (0.303)− 0.498** (0.225)
rule0.0146 (0.0389)0.102 (0.0619)0.0416 (0.0485)
lnpopu− 0.000729 (0.0975)− 0.243 (0.200)− 0.154 (0.144)
lnssenroll0.0460 (0.0500)− 0.0283 (0.0377)
lninternet0.0388** (0.0187)0.00682 (0.0149)
Constant− 1.090 (1.722)9.718*** (3.695)3.298 (2.955)
Observations897644638
R-squared0.5380.4880.602
Number of id1069594
  1. The dependent variable is composite financial inclusion index. For details of the explanatory variables, see Appendix B. All standard errors are robust and reported in parentheses. The symbols ***, **, and * indicate statistical significance at the 1%, 5%, and 10% level, respectively