Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin

The importance of an inclusive financial system in countries has been highlighted in the policy circle and becomes a priority in many countries, especially in developed countries. Financial inclusion is a provision of suitable, affordable and quality financial services to all segments contributing t...

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Main Author:	Abd Hishamuddin, Mohd Razuan
Format:	Thesis
Language:	English
Published:	2020
Subjects:	Economics
Online Access:	https://ir.uitm.edu.my/id/eprint/59556/1/59556.pdf
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id	my-uitm-ir.59556
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spelling	my-uitm-ir.595562022-05-13T03:06:28Z Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin 2020-05 Abd Hishamuddin, Mohd Razuan Economics Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product The importance of an inclusive financial system in countries has been highlighted in the policy circle and becomes a priority in many countries, especially in developed countries. Financial inclusion is a provision of suitable, affordable and quality financial services to all segments contributing toward balanced economic growth and development. However, it has on-going debates about the role of financial inclusion toward the rapid growth of the economy. With regard to the various empirical finding, it has also been argued that, the ability of financial inclusion as the financial development policies to reduce the gap of income inequality remain unsolved. In addition, income inequality has also been expected to improve the relationship between financial inclusion and economic growth. Therefore, the purpose of this study is to examine the impact of financial inclusion towards economic growth and income inequality and examine the mediating effect of income inequality on the relationship between financial inclusion and economic growth in Asia countries. This sample of this study consists of date from developing, frontier and developed countries in the Asia region. The data analysis was conducted using data stretching from 2010 until 2017 and analysed based on pooled Ordinary Least Square (OLS) and Random Effect (RE)/Fixed Effect (FE) regression model of Static Panel Data Analysis and Panel Autoregressive Distributed Lag (ARDL). The general findings suggested that Panel ARDL Analysis shows good result in the form of significance level of the variables results as compared to the Static Panel Data Analysis. Then, suggests that having an inclusive financial system is significant to reduce income inequality and help to boost up the economic growth of the countries in the Asia region. Furthermore, the mediating of income inequality has influence on the relationship between financial inclusion and economic growth. 2020-05 Thesis https://ir.uitm.edu.my/id/eprint/59556/ https://ir.uitm.edu.my/id/eprint/59556/1/59556.pdf text en public masters Universiti Teknologi MARA Faculty of Business and Management Mohammed, Rozita @ Uji (Associate Professor Dr) Bujang, Imbarine (Professor Dr)
institution	Universiti Teknologi MARA
collection	UiTM Institutional Repository
language	English
advisor	Mohammed, Rozita @ Uji (Associate Professor Dr) Bujang, Imbarine (Professor Dr)
topic	Economics Economics
spellingShingle	Economics Economics Abd Hishamuddin, Mohd Razuan Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
description	The importance of an inclusive financial system in countries has been highlighted in the policy circle and becomes a priority in many countries, especially in developed countries. Financial inclusion is a provision of suitable, affordable and quality financial services to all segments contributing toward balanced economic growth and development. However, it has on-going debates about the role of financial inclusion toward the rapid growth of the economy. With regard to the various empirical finding, it has also been argued that, the ability of financial inclusion as the financial development policies to reduce the gap of income inequality remain unsolved. In addition, income inequality has also been expected to improve the relationship between financial inclusion and economic growth. Therefore, the purpose of this study is to examine the impact of financial inclusion towards economic growth and income inequality and examine the mediating effect of income inequality on the relationship between financial inclusion and economic growth in Asia countries. This sample of this study consists of date from developing, frontier and developed countries in the Asia region. The data analysis was conducted using data stretching from 2010 until 2017 and analysed based on pooled Ordinary Least Square (OLS) and Random Effect (RE)/Fixed Effect (FE) regression model of Static Panel Data Analysis and Panel Autoregressive Distributed Lag (ARDL). The general findings suggested that Panel ARDL Analysis shows good result in the form of significance level of the variables results as compared to the Static Panel Data Analysis. Then, suggests that having an inclusive financial system is significant to reduce income inequality and help to boost up the economic growth of the countries in the Asia region. Furthermore, the mediating of income inequality has influence on the relationship between financial inclusion and economic growth.
format	Thesis
qualification_level	Master's degree
author	Abd Hishamuddin, Mohd Razuan
author_facet	Abd Hishamuddin, Mohd Razuan
author_sort	Abd Hishamuddin, Mohd Razuan
title	Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
title_short	Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
title_full	Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
title_fullStr	Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
title_full_unstemmed	Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin
title_sort	mediating role of income inequality in relationship between financial inclusion toward economic growth in asia / mohd razuan abd hishamuddin
granting_institution	Universiti Teknologi MARA
granting_department	Faculty of Business and Management
publishDate	2020
url	https://ir.uitm.edu.my/id/eprint/59556/1/59556.pdf
_version_	1783735037054681088

Mediating role of income inequality in relationship between financial inclusion toward economic growth in Asia / Mohd Razuan Abd Hishamuddin

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