Dynamics of Digital Financial Inclusion in Türkiye

Behice Canatan; Ayşe Akboz Caner; Gökhan Özbilge

Makale detayları

Dynamics of Digital Financial Inclusion in Türkiye

Yazarlar:

Behice Canatan | Ayşe Akboz Caner | Gökhan Özbilge

Yayıncı:

Istanbul University

Ana Başlıklar:

Business Administration

Dergi:

Istanbul Business Research Vol.53 Issue 2, pp.185-200

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001330705

pISSN:

2630-5488

Anahtar kelimeler:

Özet:

 This study examined the dynamics of different levels of digital financial inclusion DFI in Türkiye within the framework of individuals basic financial behaviours and socioeconomic conditions and investigated factors that may affect the utilisation rate of DFI. Accordingly, findings from the 20172021 World Bank Global Findex dataset were estimated using the ordered logit model. The concept of DFI, which is becoming increasingly important, underscores that financial systems should have two basic conditions. First, the ability of those who can access financial systems digitally should be as high as possible. Second, these actors with access to financial systems should also have sufficient utilisation rates of the relevant financial instruments. In this respect, by focusing on the determinants of this second condition, the study fills a gap in the literature and provides clues for policy recommendations. These findings provide empirical evidence for our motivation. In this respect, the results clearly show that socioeconomic factors, such as education level and income level, as well as financial behaviours, such as formal savings and borrowing, should be taken into account when expanding DFI.

 This study examined the dynamics of different levels of digital financial inclusion DFI in Türkiye within the framework of individuals basic financial behaviours and socioeconomic conditions and investigated factors that may affect the utilisation rate of DFI. Accordingly, findings from the 20172021 World Bank Global Findex dataset were estimated using the ordered logit model. The concept of DFI, which is becoming increasingly important, underscores that financial systems should have two basic conditions. First, the ability of those who can access financial systems digitally should be as high as possible. Second, these actors with access to financial systems should also have sufficient utilisation rates of the relevant financial instruments. In this respect, by focusing on the determinants of this second condition, the study fills a gap in the literature and provides clues for policy recommendations. These findings provide empirical evidence for our motivation. In this respect, the results clearly show that socioeconomic factors, such as education level and income level, as well as financial behaviours, such as formal savings and borrowing, should be taken into account when expanding DFI.

 This study examined the dynamics of different levels of digital financial inclusion DFI in Türkiye within the framework of individuals basic financial behaviours and socioeconomic conditions and investigated factors that may affect the utilisation rate of DFI. Accordingly, findings from the 20172021 World Bank Global Findex dataset were estimated using the ordered logit model. The concept of DFI, which is becoming increasingly important, underscores that financial systems should have two basic conditions. First, the ability of those who can access financial systems digitally should be as high as possible. Second, these actors with access to financial systems should also have sufficient utilisation rates of the relevant financial instruments. In this respect, by focusing on the determinants of this second condition, the study fills a gap in the literature and provides clues for policy recommendations. These findings provide empirical evidence for our motivation. In this respect, the results clearly show that socioeconomic factors, such as education level and income level, as well as financial behaviours, such as formal savings and borrowing, should be taken into account when expanding DFI.

 This study examined the dynamics of different levels of digital financial inclusion DFI in Türkiye within the framework of individuals basic financial behaviours and socioeconomic conditions and investigated factors that may affect the utilisation rate of DFI. Accordingly, findings from the 20172021 World Bank Global Findex dataset were estimated using the ordered logit model. The concept of DFI, which is becoming increasingly important, underscores that financial systems should have two basic conditions. First, the ability of those who can access financial systems digitally should be as high as possible. Second, these actors with access to financial systems should also have sufficient utilisation rates of the relevant financial instruments. In this respect, by focusing on the determinants of this second condition, the study fills a gap in the literature and provides clues for policy recommendations. These findings provide empirical evidence for our motivation. In this respect, the results clearly show that socioeconomic factors, such as education level and income level, as well as financial behaviours, such as formal savings and borrowing, should be taken into account when expanding DFI.

Makale detayları

Dynamics of Digital Financial Inclusion in Türkiye

Yazarlar:

Behice Canatan | Ayşe Akboz Caner | Gökhan Özbilge

Yayıncı:

Istanbul University

Ana Başlıklar:

Business Administration

Dergi:

Istanbul Business Research Vol.53 Issue 2, pp.185-200

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001330705

pISSN:

2630-5488

Digital Financial Inclusion

Financial Behaviours

Socioeconomic Factors

Ordered Logit

Global FindexDigital Financial Inclusion

Financial Behaviors

Demographics

Ordered Logit

Global Findex

Turkey.

Sayı

Makale detayları

Yazarlar: Behice Canatan | Ayşe Akboz Caner | Gökhan Özbilge

Yayıncı: Istanbul University

Ana Başlıklar: Business Administration

Dergi: Istanbul Business Research Vol.53 Issue 2, pp.185-200

Belge Tipi: Makale

Yayın Tarihi: 9/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001330705

pISSN: 2630-5488

Sayı

Yazarlar:

Behice Canatan | Ayşe Akboz Caner | Gökhan Özbilge

Yayıncı:

Istanbul University

Ana Başlıklar:

Business Administration

Dergi:

Istanbul Business Research Vol.53 Issue 2, pp.185-200

Belge Tipi:

Makale

Yayın Tarihi:

9/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001330705

pISSN:

2630-5488