HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY
Financial inclusion can be understood as the provision of financial services in a convenient and appropriate way to meet the needs of society, help vulnerable groups have opportunities, and promote sustainable economic growth. This study uses a probit regression model with 200 observations collected...
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| Format: | Article |
| Language: | English |
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Dalat University
2022-08-01
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| Series: | Tạp chí Khoa học Đại học Đà Lạt |
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| Online Access: | https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/1032 |
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| author | Hong Thu Nguyen Kieu Oanh Dao Le |
| author_facet | Hong Thu Nguyen Kieu Oanh Dao Le |
| author_sort | Hong Thu Nguyen |
| collection | DOAJ |
| description | Financial inclusion can be understood as the provision of financial services in a convenient and appropriate way to meet the needs of society, help vulnerable groups have opportunities, and promote sustainable economic growth. This study uses a probit regression model with 200 observations collected from November 1 to December 31, 2019, to examine how socio-demographic characteristics influence the probability of financial inclusion in Vietnam. The results show that human capital, education, and living in urban areas increase personal financial inclusion, while age has an inverse relationship with financial inclusion. Based on the analysis results, we recommend some solutions to promote financial inclusion, especially by applying financial technology and supplying more services to Vietnamese people. |
| format | Article |
| id | doaj-art-6a1fe49442fb4d45a4f38927187a4199 |
| institution | Kabale University |
| issn | 0866-787X |
| language | English |
| publishDate | 2022-08-01 |
| publisher | Dalat University |
| record_format | Article |
| series | Tạp chí Khoa học Đại học Đà Lạt |
| spelling | doaj-art-6a1fe49442fb4d45a4f38927187a41992025-02-02T23:31:54ZengDalat UniversityTạp chí Khoa học Đại học Đà Lạt0866-787X2022-08-01425910.37569/DalatUniversity.12.4S.1032(2022)1087HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMYHong Thu Nguyen0Kieu Oanh Dao Le1Thu Dau Mot UniversityHo Chi Minh City University of BankingFinancial inclusion can be understood as the provision of financial services in a convenient and appropriate way to meet the needs of society, help vulnerable groups have opportunities, and promote sustainable economic growth. This study uses a probit regression model with 200 observations collected from November 1 to December 31, 2019, to examine how socio-demographic characteristics influence the probability of financial inclusion in Vietnam. The results show that human capital, education, and living in urban areas increase personal financial inclusion, while age has an inverse relationship with financial inclusion. Based on the analysis results, we recommend some solutions to promote financial inclusion, especially by applying financial technology and supplying more services to Vietnamese people.https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/1032financial inclusionfinancial technologyhuman capitalplaceprobit regression. |
| spellingShingle | Hong Thu Nguyen Kieu Oanh Dao Le HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY Tạp chí Khoa học Đại học Đà Lạt financial inclusion financial technology human capital place probit regression. |
| title | HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY |
| title_full | HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY |
| title_fullStr | HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY |
| title_full_unstemmed | HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY |
| title_short | HOW DO SOCIO-DEMOGRAPHIC CHARACTERISTICS INFLUENCE THE PROBABILITY OF FINANCIAL INCLUSION? EVIDENCE FROM A TRANSITIONAL ECONOMY |
| title_sort | how do socio demographic characteristics influence the probability of financial inclusion evidence from a transitional economy |
| topic | financial inclusion financial technology human capital place probit regression. |
| url | https://tckh.dlu.edu.vn/index.php/tckhdhdl/article/view/1032 |
| work_keys_str_mv | AT hongthunguyen howdosociodemographiccharacteristicsinfluencetheprobabilityoffinancialinclusionevidencefromatransitionaleconomy AT kieuoanhdaole howdosociodemographiccharacteristicsinfluencetheprobabilityoffinancialinclusionevidencefromatransitionaleconomy |