Skip to main content

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

Table 3 Financial inclusion and poverty (fixed effect estimation)

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

Variables

(1)

(2)

(3)

(4)

(5)

lnpovhead

lnpovhead

lnpovhead

lnpovhead

lnpovhead

cfii

− 2.709*** (0.433)

− 2.050*** (0.515)

− 1.561*** (0.527)

− 1.559*** (0.513)

− 1.430*** (0.465)

gdpgr

 

0.0126* (0.00695)

0.0128* (0.00701)

0.0115 (0.00742)

0.00580 (0.00713)

lngini

 

4.227*** (1.436)

3.667*** (1.319)

3.395** (1.366)

3.468*** (1.244)

lnssenroll

  

− 0.459* (0.256)

− 0.560** (0.257)

− 0.481** (0.240)

lnpcredit

  

− 0.180 (0.212)

− 0.232 (0.220)

− 0.243 (0.212)

rule

   

0.196 (0.273)

0.166 (0.256)

lninflation

   

− 0.0576 (0.0440)

− 0.0883** (0.0373)

lngovtexp

    

− 0.421 (0.316)

lntradeopen

    

0.359 (0.312)

Constant

2.664*** (0.133)

− 13.42** (5.478)

− 8.992* (5.397)

− 7.132 (5.643)

− 8.131 (5.230)

Observations

385

384

306

294

290

R-squared

0.359

0.432

0.489

0.501

0.514

Number of id

96

96

77

76

73

  1. The dependent variable is poverty headcount ratio. 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