Can financial inclusion improve children's learning outcomes and late school enrolment in a developing country?

Loading...
Thumbnail Image
File version
Submitted Manuscript (SM)
Author(s)
Koomson, Isaac
Afoakwah, Clifford
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
2022
Size
File type(s)
Location
License
Abstract

This study uses comprehensive household data from Ghana to examine the link between financial inclusion and children’s learning outcomes and late school enrolment. After resolving endogeneity, we find that a standard deviation increase in financial inclusion is associated with 0.7882 to 0.9504 standard deviations increase in children’s learning outcomes. It also reduces late school enrolment by 0.9493 standard deviation. Financial inclusion enhances learning and schooling outcomes more for girls and urban children. These findings are robust to different indicators of learning outcomes and alternative approaches to addressing endogeneity. Parents’ ability to spend on extra classes and on books and other school-related supplies serve as possible channels through which financial inclusion affects children’s educational outcomes.

Journal Title
Applied Economics
Conference Title
Book Title
Edition
Volume
Issue
Thesis Type
Degree Program
School
Publisher link
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
This is an Author's Manuscript of an article published in Applied Economics, 2022, copyright Taylor & Francis, available online at: https://doi.org/10.1080/00036846.2022.2086683
Item Access Status
Note
This publication has been entered in Griffith Research Online as an advanced online version.
Access the data
Related item(s)
Subject
Applied economics
Heterodox economics
Sociology
Political economy and social change
Econometrics
Social Sciences
Economics
Business & Economics
Financial inclusion
reading
Persistent link to this record
Citation
Koomson, I; Afoakwah, C, Can financial inclusion improve children's learning outcomes and late school enrolment in a developing country?, Applied Economics, 2022
Collections