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Journals / Ege Akademik Bakış Dergisi / 2020 / Cilt: 20 - Sayı: 2

Provincial Financial Inclusion in Turkey: Measurement and Its Spatial Determinants

İbrahim BOZKURT
Rıfat KARAKUŞ
Pages
101–124
Publication Date
2020-04-30
DOI
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

We also detect a convergence in financial inclusion levels of provinces.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This present study explores the drivers affecting the provincial financial inclusion levels by using data belonging to 81 Turkish provinces during 2011 – 2016.
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Key Findings & Data:After computing the index of financial inclusion for each province, we used spatial regression methods which control for spatial dependences because Moran’s I statistic and Local Indicator of Spatial Association (LISA) analysis revealed that there are the spatial spillover and heterogeneity in provincial financial inclusion.
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Conclusion & Impact:We also detect a convergence in financial inclusion levels of provinces.
🔬Design:Modeling & Simulation
📍Scope:2011 – 2016 Verileri
⚙️Variables:Financial inclusion · financial inclusion index · spatial econometrics

Abstract

This present study explores the drivers affecting the provincial financial inclusion levels by using data belonging to 81 Turkish provinces during 2011 – 2016. After computing the index of financial inclusion for each province, we used spatial regression methods which control for spatial dependences because Moran’s I statistic and Local Indicator of Spatial Association (LISA) analysis revealed that there are the spatial spillover and heterogeneity in provincial financial inclusion. To cope with the possible endogeneity problems, we estimated the spatial models via System GMM estimator. The findings show that “unemployment”, “urban”, “tourism”, “married”, “education”, “inflation” and “crime” variables are the determinants of provincial financial inclusion for Turkey. We also detect a convergence in financial inclusion levels of provinces.

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Cite This Article

BOZKURT, İ., KARAKUŞ, R. (2020). Provincial Financial Inclusion in Turkey: Measurement and Its Spatial Determinants. Ege Akademik Bakış Dergisi, Cilt: 20 - Sayı: 2, 101–124. https://ajindex.com/articles/751878

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