Financial development, remittances and economic growth: A threshold analysis

Peprah, James Atta; Ofori, Isaac Kwesi; Asomani, Abel Nyarko

doi:10.1080/23322039.2019.1625107

Cited by 69 publications

(61 citation statements)

References 34 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…We observed from Table 3 that as age increases productivity increases. The findings are in line with Peprah et al (2019).…”

Section: Determinants Of Agricultural Productivitysupporting

confidence: 89%

“…Hence, the educated are likely to have low productivity than those with no education. The results, however, oppose the findings of Peprah et al (2019)…”

Section: Determinants Of Agricultural Productivitycontrasting

confidence: 82%

“…Also, in instances where the resources to rent this equipment are not available, it turns to delay work on the farm, which eventually leads to low productivity. Peprah et al (2019) seeking answers to whether financial inclusion does matter in improving crop yield among smallholder farmers in their study admit to the fact that ownership of agricultural equipment is a determinant of financial inclusion in improving crop yield among smallholder farmers in Ghana. This present study is concordant with the findings of Peprah et al (2019).…”

Section: Determinants Of Agricultural Productivitymentioning

confidence: 99%

See 2 more Smart Citations

Nexus between Financial Inclusion, Gender and Agriculture Productivity in Ghana

Atakli¹,

Agbenyo²

2020

TEL

View full text Add to dashboard Cite

The concept of infrastructure, education, availability, usage, affordability, inequality, and accessibility of funds remains useful in agricultural productivity. Nonetheless, the most instrumental challenge of rural farmers is the factors mentioned above, which hindered the growth of agricultural productivity over the years in Africa. As a result, this study examines the nexus between gender, financial inclusion, and Agriculture Productivity in Ghana. The study adopted a cross-sectional research design with secondary data sources from the Ghana Living Statistical Survey 7. Data were analyzed using STATA version 15. The objective of the study was analyzed using the ordinary least square method. The study revealed that financial inclusion has a significant positive relationship with agricultural productivity. Also, factors such as age, farm size, household size, ownership of land have a positive impact on agricultural productivity coupled with the low level of education. Results indicate that farm size, equipment ownership, expenditure on inputs, age, marital status, land ownership, household size, and education level are determinants of agricultural productivity. The paper revealed that male farmers are more financially inclusive than their female counterparts. As a result, the study concluded that there are strong links between gender, financial inclusion, and agricultural productivity. The government and other stakeholders in Ghana need legal and institutional transformations that will help meet the needs and constraints of females, especially in the rural communities, to broaden the scope of financial services hence making them financially inclusive.

show abstract

“…We observed from Table 3 that as age increases productivity increases. The findings are in line with Peprah et al (2019).…”

Section: Determinants Of Agricultural Productivitysupporting

confidence: 89%

“…Hence, the educated are likely to have low productivity than those with no education. The results, however, oppose the findings of Peprah et al (2019)…”

Section: Determinants Of Agricultural Productivitycontrasting

confidence: 82%

Section: Determinants Of Agricultural Productivitymentioning

confidence: 99%

See 1 more Smart Citation

Nexus between Financial Inclusion, Gender and Agriculture Productivity in Ghana

Atakli¹,

Agbenyo²

2020

TEL

View full text Add to dashboard Cite

show abstract

“…Hasil ini menyiratkan bahwa, di Australia, sangat penting untuk berkonsentrasi pada kebijakan sektor pro-perbankan. Penelitian yang dilakukan oleh (Peprah et al, 2019) di Ghana menunjukkan bahwa booming pada sektor keuangan, secara umum belum tentu meningkatkan pertumbuhan ekonomi, dan tingkat perkembangan keuangan tertentu dapat menurunkan pertumbuhan ekonomi dalam jangka panjang.Perkembangan Sektor keuangan memegang peranan yang sangat signifikan dalam memicu pertumbuhan ekonomi suatu negara. Sektor keuangan menjadi lokomotif pertumbuhan sektor riil via akumulasi kapital dan inovasi teknologi.…”

Section: Abstrakunclassified

“…Merujuk pada hasil penelitian (Rizkiyanti et al, 2016), menunjukkan bahwa produktivitas tenaga kerja memiliki pengaruh positif dan signifikan terhadap pertumbuhan ekonomi di sektor primer dan sekunder Indonesia. Hasil penelitian yang sama juga didapatkan oleh dari (Peprah et al, 2019)dan (Lawal et al, 2016). Koefisien variabel ECT sebesar -0,888997 dengan tingkat signifikasi 1% yang menjelaskan bahwa sekitar 89 persen ketidaksesuaian antara nilai aktual pertumbuhan ekonomi Indonesia dalam jangka pendek dan nilai keseimbangan pertumbuhan ekonomi Indonesia dalam jangka panjang akan dikoreksi pada setiap tahunya.…”

Section: Tabel 3 Hasil Estimasi Koefisiensi Jangka Panjangunclassified

Financial Development Dan Pertumbuhan Ekonomi Indonesia

Irzam

Setyari

2020

Benefita

View full text Add to dashboard Cite

This study aims to analyze the effect of financial development on Indonesia's economic growth using annual data for the 1985-2018 period. The ARDL-ECM model is used to determine the effect in the long term and short term. The results showed in the long run the variable stock market capitalization ratio, the ratio of bank credit to GDP, real interest rates, trade openness and labor productivity affect the economic growth of Indonesia. Variable stock market capitalization ratio significantly influences economic growth, while real interest rates, bank credit ratios to GDP and trade openness have no significant effect. In the short term, the stock market capitalization ratio, bank credit to GDP ratios, real interest rates, trade openness and labor productivity influences Indonesia's economic growth. Variable stock market capitalization ratio, Bank credit ratio to GDP, trade openness and labor productivity have a significant effect on economic growth, while real interest rates have no significant effect on Indonesia's economic growth, The implication of this research is that in order to overcome the impact of interest rates on other economic growth, the government, in this case Bank Indonesia as a regulator, needs to reduce the interest rate to a minimum to encourage the growth of the real sector and other economic variables. In addition, the government must encourage the development of a comprehensive economic system especially financial institutions and monetary policies that are not interest-based as a solution to overcome general economic problems Penelitian ini bertujuan untuk menganalis pengaruh financial development terhadap pertumbuhan ekonomi Indonesia dengan menggunakan data tahunan periode 1985-2018. Model ARDL-ECM digunakan untuk mengetahui pengaruh dalam jangka panjang dan jangka pendek. Hasil penelitian menunjukan dalam jangka panjang variabel rasio kapitalisasi pasar saham, rasio kredit Bank terhadap PDB, suku bunga riil, keterbukaan perdagangan dan produktivitas tenaga kerja berpengaruh terhadap pertumbuhan ekonomi Indonesia. Variabel rasio kapitalisasi pasar saham secara signifikan berpengaruh terhadap pertumbuhan ekonomi, sedangkan suku bunga riil, rasio kredit Bank terhadap PDB dan keterbukaan perdagangan tidak berpengaruh signifikan.Dalam jangka pendek variabel rasio kapitalisasi pasar saham, rasio kredit Bank terhadap PDB, suku bunga riil, keterbukaan perdagangan dan produktivitas tenaga kerja berpengaruh terhadap pertumbuhan ekonomi Indonesia. Variabel rasio kapitalisasi pasar saham, rasio kredit Bank terhadap PDB, keterbukaan perdagangan dan produktivitas tenaga kerja berpengaruh signifikan terhadap pertumbuhan ekonomi. Sedangkan suku bunga riil tidak berpengaruh signifikan terhadap pertumbuhan ekonomi Indonesia, Untuk itu, dalam mengatasi dampak suku bunga terhadap pertumbuhan ekonomi lainnya maka pemerintah dalam hal ini Bank Indonesia sebagai regulator perlu menurunkan tingkat suku bunga sampai batas minimal untuk mendorong pertumbuhan sektor riil serta variabel ekonomi lainnya. Selain itu, pemerintah harus mendorong pengembangan sistem ekonomi secara komprehensif khususnya lembaga keuangan dan kebijakan moneter yang tidak berbasis bunga sebagai solusi untuk mengatasi permasalahan ekonomi secara umum

show abstract

The finance–growth nexus in the Middle East and Africa: A comparative meta‐analysis

Anwar

Iwasaki

2022

Int. J Fin Econ

View full text Add to dashboard Cite

By taking 1417 estimates from 96 studies and applying advanced meta‐analysis techniques, this study compares the effect size of financial development (FD) and liberalization on economic growth in the Middle East and Africa. We find that the overall finance–growth nexus is positive, yet its effect size differs across regions. Indeed, finance has a larger growth‐enhancing effect in the sub‐Saharan Africa (SSA) region than in the Middle East and North Africa region. This finding is supported by meta‐regression analysis that controls for various study conditions simultaneously. Moreover, we uncovered that the extracted estimates contain evidence of the true effect size of FD and liberalization on growth in the extant literature and SSA studies.

show abstract

Financial development, remittances and economic growth: A threshold analysis

Cited by 69 publications

References 34 publications

Nexus between Financial Inclusion, Gender and Agriculture Productivity in Ghana

Nexus between Financial Inclusion, Gender and Agriculture Productivity in Ghana

Financial Development Dan Pertumbuhan Ekonomi Indonesia

The finance–growth nexus in the Middle East and Africa: A comparative meta‐analysis

Contact Info

Product

Resources

About