Financial inclusion, information and communication technology diffusion, and economic growth: a panel data analysis

Earlier studies accept that both Financial Inclusion (FI) and Information and Communication Technology (ICT) individually play positive role in economic growth. Moreover, ICT applications like mobile phone and internet penetration are being increasingly utilized in banking sector. The present study has shown that ICT development can be an important determinant of Financial Inclusion by using a fixed-effect panel data model of 41 countries. The...