EFFECT OF FINANCIAL ACCESS AND INSTITUTIONAL QUALITY ON POVERTY: EMPIRICAL EVIDENCE FROM SUB-SAHARAN AFRICA

Shehu Bijimi Umaru; Martins Iyoboyi; Abdulsalam S. Ademola

EFFECT OF FINANCIAL ACCESS AND INSTITUTIONAL QUALITY ON POVERTY: EMPIRICAL EVIDENCE FROM SUB-SAHARAN AFRICA

Abstract

Deploying the two-step system Generalized Method of Moments, this study examined the impact of financial access and institutional quality on poverty in a panel of 32 countries in sub-Saharan Africa from 2000 to 2023. Financial access was found to reduce poverty in sub-Saharan Africa under the period of investigation. Additionally, the effect of the interaction of financial access and institutional quality was negative, implying a reduction in poverty. The study recommends improved financial access through the establishment of more bank branches and Automated Teller Machines especially to remote areas, including enhanced institutions through intensifying the fight on corruption in the sub-region.

Keywords

References

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Details

Primary Language

English

Subjects

Applied Macroeconometrics

Journal Section

Research Article

Authors

Shehu Bijimi Umaru
0009-0001-5138-1064
Nigeria

Martins Iyoboyi ^*
0000-0002-4781-1252
Nigeria

Abdulsalam S. Ademola
0009-0000-3361-500X
Nigeria

Early Pub Date

October 17, 2025

Publication Date

October 21, 2025

Submission Date

January 1, 2025

Acceptance Date

August 6, 2025

Published in Issue

Year 2025 Volume: 9 Number: 2

IZ

https://izlik.org/JA85EA85UG

Cite

RIS / Bibtex

APA

Bijimi Umaru, S., Iyoboyi, M., & Ademola, A. S. (2025). EFFECT OF FINANCIAL ACCESS AND INSTITUTIONAL QUALITY ON POVERTY: EMPIRICAL EVIDENCE FROM SUB-SAHARAN AFRICA. Journal of Research in Economics, 9(2), 120-139. https://izlik.org/JA85EA85UG