IJSDR
IJSDR
INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016
open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15

Issue: March 2024

Volume 9 | Issue 3

Impact factor: 8.15

Click Here For more Info

Imp Links for Author
Imp Links for Reviewer
Research Area
Subscribe IJSDR
Visitor Counter

Copyright Infringement Claims
Indexing Partner
Published Paper Details
Paper Title: The Impact of Digital Finance on Household Welfare Outcomes: Lessons from Zambia
Authors Name: Derick Ndimbwa , Collins Odoyo PhD
Unique Id: IJSDR2211064
Published In: Volume 7 Issue 11, November-2022
Abstract: Despite the steady rise in the adoption of digital finance in Africa and its impact on economic well-being in society, there is limited research on what drives its adoption and uptake, especially with regard to emerging economies in Africa. On this premise, based on FinScope’s 2020 cross-sectional dataset, documentation, and key informant interviews, this paper seeks to empirically investigate the impact of digital finance on the economic well-being of poor households who have limited access to traditional financial services in Zambia. The study uses binary logistic econometric analysis to investigate the impact of digital finance on household welfare indicators in Zambia. The results reveal that household size, age, annual income, gender, national identity card, access to savings, ownership of a phone, holding a bank account, region of residence, amount sent using digital finance, amount received using digital finance, and household welfare significantly impacted the use of digital finance. The study used estimated regression coefficients, standard errors of the coefficients, and the statistical significance of each covariate. The study reveals an exponential transformation of the regression coefficients (odds ratio) and some diagnostic tests on the fit of the regression model. The fit of the final model over the null model was examined using the likelihood-ratio test. The study recommends policy formulation in the areas of gender-sensitive interventions, financial inclusion and literacy, and telecommunications infrastructure, supporting innovative gender-sensitive regulatory technologies, investment in social protection, and poverty alleviation programmes
Keywords: household welfare, digital finance, impact, binary logistic model
Cite Article: "The Impact of Digital Finance on Household Welfare Outcomes: Lessons from Zambia", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 11, page no.399 - 409, November-2022, Available :http://www.ijsdr.org/papers/IJSDR2211064.pdf
Downloads: 000336256
Publication Details: Published Paper ID: IJSDR2211064
Registration ID:202535
Published In: Volume 7 Issue 11, November-2022
DOI (Digital Object Identifier):
Page No: 399 - 409
Publisher: IJSDR | www.ijsdr.org
ISSN Number: 2455-2631

Click Here to Download This Article

Article Preview

Click here for Article Preview







Major Indexing from www.ijsdr.org
Google Scholar ResearcherID Thomson Reuters Mendeley : reference manager Academia.edu
arXiv.org : cornell university library Research Gate CiteSeerX DOAJ : Directory of Open Access Journals
DRJI Index Copernicus International Scribd DocStoc

Track Paper
Important Links
Conference Proposal
ISSN
DOI (A digital object identifier)


Providing A digital object identifier by DOI
How to GET DOI and Hard Copy Related
Open Access License Policy
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Creative Commons License
This material is Open Knowledge
This material is Open Data
This material is Open Content
Social Media
IJSDR

Indexing Partner