Article Sidebar

Submitted
September 9, 2020
Accepted
May 21, 2021
Published
July 3, 2021
Download
PDF
Statistic
Read Counter : 563 Download : 467

Downloads

Download data is not yet available.

Main Article Content

Abstract

The financial system plays a role in creating a community economic development, especially overcoming gender disparities. This paper analyzes the effect of mobile phone on the financial inclusion of women's in Indonesia involving data from household surveys provided by the 2014 Family Life Survey. We use the probit model with Ordinary Least Square (OLS) methods and the variable procedure to examine how the role of mobile phone on women's awareness in accessing financial institutions, as well as increasing savings and loan ownership. Our estimation results found that mobile phone penetration significantly increased awareness of women to access formal financial institutions, improve saving behavior, higher credit amount and access mobile banking. Therefore, mobile phone brings great benefits in increasing financial inclusion, especially women in Indonesia.

Keywords

mobile phone women financial inclusion Indonesia

Article Details

License

Authors who publish with this journal agree to the terms:

Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.

Creative Commons License

Jurnal Ekonomi Pembangunan is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License..

How to Cite
Rahadiantino, L., & Rini, A. N. (2021). Women Access and Awareness of Financial Inclusion in Indonesia. Jurnal Ekonomi Pembangunan, 19(1), 39–50. https://doi.org/10.29259/jep.v19i1.12467
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Abor, J. Y., Amidu, M., & Issahaku, H. (2018). Mobile Telephony, Financial Inclusion and Inclusive Growth. Journal of African Business, 19(3), 430–453. https://doi.org/10.1080/15228916.2017.1419332
  2. Aker, J. C., Boumnijel, R., McClelland, A., & Tierney, N. (2016). Payment Mechanisms and Antipoverty Programs: Evidence from a Mobile Money Cash Transfer Experiment in Niger. Economic Development and Cultural Change, 65(1). 1-37 https://doi.org/10.1086/687578
  3. Alhassan, A., Li, L., Reddy, K., & Duppati, G. (2019). The Impact of Formal Financial Inclusion on Informal Financial Intermediation and Cash Preference: Evidence from Africa. Applied Economics, 51(42), 4597–4614. https://doi.org/10.1080/00036846.2019.1593316
  4. Asongu, S. A. (2018a). Conditional Determinants of Mobile Phones Penetration and Mobile Banking in Sub-Saharan Africa. SSRN Electronic Journal, 9(1), 81–135. https://doi.org/10.2139/ssrn.2677296
  5. Asongu, S. A. (2018b). Conditional Determinants of Mobile Phones Penetration and Mobile Banking in Sub-Saharan Africa. Journal of the Knowledge Economy, 9(1), 81–135. https://doi.org/10.1108/IJSE-11-2012-0228
  6. Aterido, R., Beck, T., & Iacovone, L. (2011). Gender and Finance in Sub-Saharan Africa Are Women Disadvantaged? In Policy Research Working Paper No. 5571. https://doi.org/10.1596/1813-9450-5571
  7. Brown, J. R., Cookson, J. A., & Heimer, R. Z. (2019). Growing Up Without Finance. Journal of Financial Economics, 134(3), 591–616. https://doi.org/10.1016/j.jfineco.2019.05.006
  8. Demirguc-kunt, A., and Klapper, L. (2012). “‘Measuring Financial Inclusion. The Global Findex Database.’” World Bank Policy Research Working Paper No. 6025. https://doi.org/10.1596/978-0-8213-9509-7
  9. Demirgüç-Kunt, A., Klapper, L., & Singer, D. (2013). Financial Inclusion and Legal Discrimination Against Women: Evidence from Developing Countries. In Policy Research Working Paper Series 6416. https://doi.org/10.1596/1813-9450-6416
  10. Demirguc-Kunt, A., Klapper, L., Singer, D., Ansar, S., & Hess, J. (2018). The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. In The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. https://doi.org/10.1596/978-1-4648-1259-0
  11. Fanta, A. B., & Kingstone Mutsonziwa. (2016). Gender and Financial Inclusion: Analysis of Financial Inclusion of Women in the SADC Region. Policy Research Paper No. 01/2016, 1, 1–37. https://doi.org/10.13140/RG.2.1.1390.3605
  12. Fintechnews Singapore. (2018). World Bank Global Findex : Indonesia Leads in Financial Inclusion Progress. Retrieved from World Bank Group The Global Findex Database website: https://fintechnews.sg/19095/indonesia/world-bank-global-findex-financial-inclusion-unbanked/
  13. Fletschner, D., & Mesbah, D. (2011). Gender Disparity in Access to Information: Do Spouses Share What They kKnow? World Development, 39(8), 1422–1433. https://doi.org/10.1016/j.worlddev.2010.12.014
  14. Friedline, T., & Kepple, N. (2017). Does Community Access to Alternative Financial Services Relate to Individuals’ Use of These Services? Beyond Individual Explanations. Journal of Consumer Policy, 40(1), 51–79. https://doi.org/10.1007/s10603-016-9331-y
  15. Gitaharie, B. Y., Soelistianingsih, L., & Djutaharta, T. (2017). Financial Inclusion: Household Access to Credit in Indonesia. Competition and Cooperation in Economics and Business, 4(1). https://doi.org/10.1201/9781315225227-35
  16. Goodstein, R. M., & Rhine, S. L. W. (2017). The Effects of Bank and Nonbank Provider Locations on Household Use of Financial Transaction Services. Journal of Banking and Finance, 78 (May), 91-107. https://doi.org/10.1016/j.jbankfin.2017.01.016
  17. Kim, J. H. (2016). A Study on the Effect of Financial Inclusion on the Relationship Between Income Inequality and Economic Growth. Emerging Markets Finance and Trade, 52(2), 498–512. https://doi.org/10.1080/1540496X.2016.1110467
  18. Maurer, B. (2012). Mobile Money: Communication, Consumption and Change in the Payments Space. Journal of Development Studies, 48(5), 589–604. https://doi.org/10.1080/00220388.2011.621944
  19. Munyegera, G. K., & Matsumoto, T. (2016). Mobile Money, Remittances, and Household Welfare: Panel Evidence from Rural Uganda. World Development, 79, 127–137. https://doi.org/10.1016/j.worlddev.2015.11.006
  20. Muravyev, A., Talavera, O., & Schäfer, D. (2009). Entrepreneurs’ Gender and Financial Constraints: Evidence from International Data. Journal of Comparative Economics, 37(2), 270–286. https://doi.org/10.1016/j.jce.2008.12.001
  21. Pangaribowo, E. H., Tsegai, D., & Sukamdi. (2019). Women’s Bargaining Power and Household Expenditure in Indonesia: the Role of Gender-Differentiated Aassets and Social Capital. GeoJournal, 84, 939–960. https://doi.org/10.1007/s10708-018-9901-4
  22. Safavian, M., & Haq, A. (2013). Are Pakistan’s Women Entrepreneurs Being Served by the Microfinance Sector? In Directions in Development--Finance;. Washington, DC: World Bank. © World Bank. https://doi.org/10.1596/978-0-8213-9833-3
  23. Sambodo, N. P., Sekaringsih, R. B., Azzani, M., & Asyahid, E. (2017). Indonesian Muslim Household Financial Inclusion Profile: Evidence from IFLS4 and IFLS5 Panel Data. Universitas Gadjah Mada Working Papers on Islamic Economics and Finance No. WP/007/08/2017 August 2017, (May), 1–25. Retrieved from https://ideas.repec.org/p/ugm/wpaper/2017007.html
  24. Setyari, N. P. W., Widanta, A. . B. P., & Purbadharmaja, I. B. P. (2018). Women’s Control Over Economic Resources Effect to Family Welfare. Journal of Economics and Policy, 11(2), 280–293. https://doi.org/10.15294/jejak.v11i2.16051
  25. Simonsson, E., & Walin, A. (2015). Mobile Banking and Women Empowerment. Retrieved from http://lup.lub.lu.se/luur/download?func=downloadFile&recordOId=7793631&fileOId=7793639
  26. Sui, Y., & Niu, G. (2018). The Urban–Rural Gap of Chinese Household Finance. Emerging Markets Finance and Trade, 54(2), 377–392. https://doi.org/10.1080/1540496X.2017.1367660
  27. Suri, T., & Jack, W. (2016). The Long-Run Poverty and Gender Impacts of Mmobile Money. Science, 354(6317), 1288–1292. https://doi.org/10.1126/science.aah5309
  28. The Pew Charitable Trusts. (2017). Payday Loan Customers Want More Protections, Access to Lower-Cost Credit From Banks. Retrieved from https://www.pewtrusts.org/-/media/assets/2017/04/payday-loan-customers-want-more-protections.pdf
  29. United Nations. (2009). Women’s Control Over Economic Resources and Access to Financial Resources, Including Microfinance. In October.
  30. World Bank. (2012). Gender Equality in Development. In World Development Report 2012. https://doi.org/10.1080/13552070512331332273
  31. World Bank. (2018). Database Global Findex Menunjukkan Inklusi Keuangan Meningkat, Tapi Kesenjangan Tetap Ada. Retrieved April 19, 2018, from World Bank website: https://www.worldbank.org/in/news/press-release/2018/04/19/financial-inclusion-on-the-rise-but-gaps-remain-global-findex-database-shows
  32. World Economic Forum. (2018). Advancing Financial Inclusion Metrics: Shifting from Access to Economic Empowerment. White Paper.
  33. Yunisvita, Y. (2020). Does monopsony exist in academic labor market?. Jurnal Ekonomi Pembangunan, 18(1), 31-36. https://doi.org/10.29259/jep.v18i1.11057

Similar Articles

<< < 1 2 

You may also start an advanced similarity search for this article.