Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/296780 
Year of Publication: 
2023
Series/Report no.: 
ADBI Working Paper No. 1385
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
The primary objective of this study is to unveil the impact of FinTech through financial development, financial inclusion, and institutional quality on the inclusive growth of 25 developing countries in Asia. To serve this purpose, the Human Development Index (HDI), the dependent variable, has been taken as the proxy for inclusive growth along with a set of independent variables in a well-balanced panel data set, which is then analyzed to see the impact of changing levels of independent variables on human development for the period 2014-2021. The results show that increasing the level of FinTech along with the Findex, financial inclusion, and institutional quality may increase human development.
Subjects: 
FinTech
financial inclusion
inequality
panel data model
Hausman test
JEL: 
C23
D31
D63
F02
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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