The impact of technological innovations on financial deepening: Implications for SME financing in Africa.
This paper examines whether technological innovations such as information and communication technology infrastructure, mobile phone subscriptions, secure internet servers and the number of automated teller machines and bank branches increased financial deepening in 43 African countries for the perio...
| Publicado en: | African Development Review / Revue Africaine de Développement Vol. 34; no. 4; pp. 429 - 443 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Dec2022
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=160853798&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 160853798 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10176772 BLP jtl: African Development Review / Revue Africaine de Développement issn: 10176772 maglogo: Y pubinfo: dt: Dec2022 vid: 34 iid: 4 pid: 480 pub: Wiley-Blackwell artinfo: ui: 160853798 10.1111/1467-8268.12668 ppf: 429 ppct: 14 formats: tig: atl: The impact of technological innovations on financial deepening: Implications for SME financing in Africa. aug: au: Sanga, Bahati Aziakpono, Meshach affil: Stellenbosch Business School, Faculty of Economic and Management Sciences, University of Stellenbosch, Cape Town, South Africa su: Africa Technological innovations Bank deposits Communication infrastructure Automated teller machines Branch banks Internet servers sug: subj: Technological innovations Africa Office Equipment Merchant Wholesalers Computer and peripheral equipment manufacturing Computer Terminal and Other Computer Peripheral Equipment Manufacturing Office and store machinery and equipment merchant wholesalers Other Building Equipment Contractors All other building equipment contractors Other financial transactions processing and clearing house activities Commercial Banking Personal and commercial banking industry Corporate and institutional banking industry Data Processing, Hosting, and Related Services Bank deposits Communication infrastructure Automated teller machines Branch banks Internet servers ab: This paper examines whether technological innovations such as information and communication technology infrastructure, mobile phone subscriptions, secure internet servers and the number of automated teller machines and bank branches increased financial deepening in 43 African countries for the period 2010–2019. The study employs panel corrected standard errors, fixed effects and quantile regressions for empirical analysis. The results show that technological innovations have a positive and significant influence on financial deepening in Africa in terms of banks' mobilisation of deposits and allocation of credit to enterprises. Furthermore, the technological indicators have a strong and positive effect on higher levels of bank credit to the private sector than lower levels. As for bank deposits, only the number of branches was found to have significant and positive effects at a high level of bank deposits compared with a low level. These results imply that African governments and development partners can leverage ICT developments to increase financial deepening and reinvigorate debt financing, which is the primary funding source for small and medium‐size enterprises. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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