Asongu, Simplice A (2012): The impact of mobile phone penetration on African inequality. Forthcoming in:
Preview |
PDF
MPRA_paper_46041.pdf Download (243kB) | Preview |
Abstract
The aim of this paper is to complement theoretical and qualitative literature with empirical evidence on the income-redistributive effect of mobile phone penetration in 52 African countries. It deviates from mainstream country-specific and microeconomic survey-based approaches in the literature and provides the first macroeconomic assessment of the ‘mobile phone’-inequality nexus. The findings suggest that mobile penetration is pro-poor, as it has a positive income equality effect. ‘Mobile phone’-oriented poverty reduction channels are discussed.
Item Type: | MPRA Paper |
---|---|
Original Title: | The impact of mobile phone penetration on African inequality |
Language: | English |
Keywords: | Mobile Phones; Shadow Economy; Poverty; Inequality; Africa |
Subjects: | E - Macroeconomics and Monetary Economics > E0 - General > E00 - General G - Financial Economics > G2 - Financial Institutions and Services > G20 - General I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I30 - General L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L96 - Telecommunications O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa |
Item ID: | 46041 |
Depositing User: | Simplice Asongu |
Date Deposited: | 10 Apr 2013 13:41 |
Last Modified: | 29 Sep 2019 05:16 |
References: | Aker, J., & Mbiti, I., (2010). "Mobile Phones and Economic Development in Africa", Journal of Economic Perspectives, 24(3), pp. 207-232. Akerele, D., Momoh, S., Adewuyi, S. A., Biola, B. P., & Ashaolu, O. F., (2012). “Socioeconmic determinants of poverty among urban households in South-West Nigeria”, International Journal of Social Economics, 39(3), pp. 168-181. Albanesi, S., (2007). “Inflation and Inequality”, Journal of Monetary Economics, 54(4), pp.1088-1114. Andrés, A. R., (2006). “Software piracy and income inequality”, Applied Economic Letters, 13 (2), pp. 101-105. Asongu, S. A., (2013a). “Investment and inequality: which financial channels are good for the poor?”, African Finance Journal: Forthcoming. Asongu, S. A., (2013b). “How has mobile phone penetration stimulated financial development in Africa?”, Journal of African Business, 14(1), pp. 7-18. Asongu, S. A., (2013c). “Software piracy, inequality and the poor: evidence from Africa”, Journal of Economic Studies: Forthcoming. Asongu, S. A., (2013e). “How do financial reforms affect inequality through financial sector competition? Evidence from Africa”, Economics Bulletin, 33(1), pp. 401-414. Asongu, S. A., (2012a). “How is ‘Knowledge Economy’ relevant in financial sector competition? Evidence from developing countries”. African Governance and Development Institute Working Paper. Asongu, S. A., (2012b). “Financial Sector Competition and Knowledge Economy: Evidence from SSA and MENA Countries”, Journal of the Knowledge Economy. http://link.springer.com/article/10.1007%2Fs13132-012-0141-4#page-2 Batuo, E. M., Guidi, F., & Kupukile, M., (2010). “Financial Development and Income Inequality: Evidence from African Countries”, African Development Bank. Bulir, A., (1998). “Income inequality: does inflation matter?”, IMF Working Paper No. 98/7. Demombynes, G., & Thegeya, A., (2012, March). “Kenya’s Mobile Revolution and the Promise of Mobile Savings”, World Bank Policy Research Working Paper, No. 5988. Ivatury, G., & Mas, I. (2008). The early experience with branchless banking. Washington, DC:CGAP. Ivatury, G., & Pickens, M. (2006). Mobile phone banking and low-income customers: Evidence from South Africa. Washington, DC: Consultative group to assist the poor (CGAP) and the United Nations Foundation. Jonathan, D., & Camilo, T., (2008). “Mobile banking and economic development: Linking adoption, impact and use”, Asian Journal of Communication, 18(4), pp. 318-322. Kai, H., & Hamori, S., (2009). “Globalization, financial depth and inequality in Sub-Saharan Africa”. Economics Bulletin, 29 (3), pp. 2025-2037. Lopéz, J. H., (2004). “Pro-growth, Pro-poor: Is There a Tradeoff?”, World Bank Publications. Mas, I., & Radcliffe, D. (2011). Mobile Payments Go Viral: M-PESA in Kenya. Capco Institute’s Journal of Financial Transformation, No. 32, p. 169, August 2011 YES AFRICA CAN: SUCCESS STORIES FROM A DYNAMIC CONTINENT, P. Chuhan-Pole and M. Angwafo, eds., World Bank, August 2011. Maurer, B., (2008, May). “Retail electronic payments systems for value transfers in the developing world”, Department of Anthropology, University of California. Mbiti, I., & Weil, D. N. (2011, June).Mobile Banking: The Impact of M-Pesa in Kenya. NBER Working Paper No.17129. Merritt, C., (2010, August). “Mobile Money Transfer Services: The Next Phase in the Evolution in Person-to-Person Payments”, Federal Reserve Bank of Atlanta, Retail Payments Risk Forum White Paper. Neville, W. (2006). Micro-payment systems and their application to mobile networks. Washington, D.C: infoDev/World Bank. Available at: http://www.infodev.org/en/Publication.43.html. O’Boyle, E., & O’Boyle, M., (2012). “Global poverty, hunger, death and disease”, International Journal of Social Economics, 39(1-2), pp. 4-17. Ondiege, P., (2010). “Mobile Banking in Africa: Taking the Bank to the People”, Africa Economic Brief, 1(8), pp. 1-16. Porteous, D. (2007). Just how transformational is m-banking? Retrieved 10 January, 2008, http://www.finmarktrust.org.za/accessfrontier/Documents/transformational_mbanking.pdf. Shahbaz, M., (2010). “Income inequality-economic growth and non-linearity: a case of Pakistan”, International Journal of Social Economics, 37(8), pp. 613-636. Thacker, K. U. M & Wright, G. A. N., (2012, January). “Building Business Models for Money”, MicroSave Briefing Note No.116. The Economists (2008). Halfway There: How to promote the spread of mobile phones among the world’s poorest. http://www.economist.com/node/11465558?story_id=11465558. Ukpere, W. I., & Slabbert, A. D., (2009). “A relationship between current globalization, unemployment and poverty”, International Journal of Social Economics, 36(1-2), pp. 37-46. Vaughan, P. (2007). Early lessons from the deployment of M-PESA, Vodafone‟s own mobile transactions service. In D. Coyle (Ed.), The transformational potential of m-transactions (pp. 6-9). London: Vodafone Group. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/46041 |