The Link between Financial Inclusion and Poverty: A Case of the OECD Using Dynamic Panel Data Analysis

Yıl 2022, Cilt: 23 Sayı: 1, 89 - 106, 01.06.2022

Recep Yorulmaz

https://doi.org/10.17494/ogusbd.1085143

Öz

The aim of the study is to measure the impact of policies towards facilitating access to financial instruments, especially on the living standards of the lower income segment of the society. Hence, a multidimensional financial inclusion index representing access to financial instruments was created. Then, the absolute, social and income distribution-related definitions of the concept of poverty were analyzed separately. The link between financial inclusion and different definitions of poverty was measured by Dynamic Panel Data Analysis methods. The methodology of the analysis reveals the uniqe side of the study and its contribution to the literature. It has been revealed with the outcomes of study that policies for increasing access to financial instruments, have positive effects on the living standards of people in the lowest segments of the society.

Anahtar Kelimeler

Public Economics, Financial Inclusion, Poverty, Dynamic Panel Data Analysis, GMM

Finansal Erişim ve Yoksulluk İlişkisi: Dinamik Panel Veri Analizi ile OECD Örneği

Öz

Çalışmanın amacı, finansal araçlara ulaşımın kolaylaştırılması yönünde politikaların, özellikle, toplumun alt gelir diliminde yer alan kesimlerinin yaşam standartları üzerindeki etkisinin ölçülmesidir. Bunun için ilk olarak, finansal araçlara ulaşımı temsil eden çok boyutlu bir finansal kapsayıcılık endeksi oluşturulmuştur. Oluşturulan endeks ile yoksulluk kavramının mutlak, sosyal ve gelir dağılımı ile ilintili tanımları ayrı ayrı analiz edilmiştir. Temel Bileşenler Analizi ve Faktör Analizi ile oluşturulan endeksimiz ile yoksulluğun farklı tanımları arasındaki ilişki Dinamik Panel Veri Analizi yöntemleri ile ölçülmüştür. Kullanılan yöntemler çok boyutlu ele alınan araştırma konusu aynı zamanda çalışmanın yenilikçi yanını ve literatüre katkısını ortaya koymaktadır. Çalışma sonucunda, finansal araçlara ulaşımı artırıcı politikaların toplumun alt kesimlerindeki insanların yaşam standartlarına olumlu yönde etkisi olduğu görülmüştür.

Anahtar Kelimeler

Kamu Ekonomisi, Finansal Kapsayıcılık, Yoksulluk, Dinamik Panel Veri Analizi, GMM

Kaynakça

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