Evaluating the influence of digital financial inclusion on financial crises and economic cycles: a Bayesian logistic regression insight
Dinh Le Quoc,
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Nguyễn Quốc Huy,
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Hai Nguyen Van
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et al.
Journal of Financial Regulation and Compliance,
Journal Year:
2025,
Volume and Issue:
unknown
Published: Jan. 13, 2025
Purpose
This
paper
aims
to
examine
the
impact
of
Digital
Financial
Inclusion
(DFI)
on
three
key
economic
aspects:
banking
crises,
expansion
and
downturns
across
93
countries
from
2004
2017.
Design/methodology/approach
Bayesian
Logit
regression
models
provide
important
insights
into
how
DFI
influences
these
factors.
Findings
The
findings
show
that
has
a
modest
positive
effect
crises
(coefficients:
0.002–0.027),
but
rapid
growth
could
increase
crisis
risks
if
not
regulated.
positively
impacts
0.003–0.012),
supporting
at
reasonable
levels.
For
downturns,
negative
effect,
potentially
reducing
recession
risks,
though
is
small.
Regionally,
helps
mitigate
in
Africa,
Latin
America
Asia,
Europe,
it
slightly
increases
suggesting
potential
instability
properly
managed.
Originality/value
study
provides
original
nuanced
effects
different
regions,
offering
valuable
policy
recommendations
based
findings.
Language: Английский
The optimal inflation threshold in digital financial inclusion: a key to sustainable development
SN Business & Economics,
Journal Year:
2025,
Volume and Issue:
5(5)
Published: April 4, 2025
Language: Английский
The impact of digital financial inclusion on income inequality amid economic complexity: a GMM and Bayesian regression approach
Social Responsibility Journal,
Journal Year:
2025,
Volume and Issue:
unknown
Published: April 22, 2025
Purpose
This
study
aims
to
examine
the
relationship
between
Digital
Financial
Inclusion
(DFI),
Economic
Complexity
(EC)
and
their
interaction
with
respect
income
inequality
(II).
Design/methodology/approach
The
data
comprises
a
sample
of
14
countries
globally
for
period
2005–2021.
Two
traditional
methods,
Generalized
Method
Moments
(GMM)
Bayesian
probability,
are
utilized
explore
nuanced
effects
these
factors
on
II.
Findings
results
show
that
both
DFI
EC
contribute
reducing
However,
is
found
unexpectedly
exacerbate
II,
highlighting
complex
dynamics
factors.
Originality/value
First,
this
provides
theoretical
foundation
empirical
evidence
how
impacts
II
within
context
EC,
addressing
significant
research
gap.
Second,
use
regression
addresses
challenges
such
as
small
sizes,
autocorrelation
endogeneity,
thereby
enhancing
robustness
findings.
Third,
by
combining
probabilistic
approaches,
not
only
enhances
reliability
but
also
policymakers
actionable
insights
into
DFI,
influence
supporting
more
effective
policy
interventions.
Language: Английский
Reassessing the Impact of Foreign Direct Investment on Environmental Quality in 112 Countries: A Bayesian Quantile Regression Approach
International Social Science Journal,
Journal Year:
2025,
Volume and Issue:
unknown
Published: May 6, 2025
ABSTRACT
Studies
on
foreign
direct
investment
(FDI)
and
environmental
quality
(EQ)
have
not
reached
a
consensus
have,
in
fact,
exacerbated
disagreements
about
their
relationship.
Previous
research
FDI
CO2
emissions
still
faces
two
key
limitations.
First,
earlier
studies
examined
this
relationship
at
lower
quantiles.
Second,
most
approaches
rely
traditional
frequency‐based
methods.
As
result,
study
adds
to
the
literature
by
investigating
how
affected
EQ
112
nations
between
1990
2021.
The
Bayesian
quantile
regression
(BQR)
approach
was
used
study,
resulting
fact
that
improves
environment
countries
with
low
medium
quantiles
(0.05–0.45)
but
deteriorates
high
(0.50–0.95).
A
unique
aspect
of
is
provides
probability
an
independent
variable's
impact
(positive
or
negative)
dependent
variable.
findings
show
improving
relatively
(up
99.94%
0.25
quantile).
On
other
hand,
99.05%
chance
will
detrimental
effect
noticeable
0.70
quantile.
robustness
BQR
assessed
through
trace
plots
posterior
distribution
(histograms).
results
demonstrate
all
parameter
model
are
reasonable,
uniform
normally
shaped
distributions,
indicating
approach.
basis
findings,
author
recommends
increasing
inflows
quantiles,
particularly
Africa
Latin
America.
In
order
attract
high‐quality
inflows,
host
should
also
upgrade
infrastructure
release
policies
targeted
accomplishing
sustainable
development
goals.
Language: Английский