Financial inclusion and its determinants for Latin America period: 2004-2020
Financial Inclusion contributes to improving the economic growth and well-being of the population. This document analyzes the factors that explain the determinants of financial inclusion in Latin American countries, allowing economic agents to increase the conditions of access, use and depth, which...
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Universidad Francisco de Paula Santander
2024
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| Online Access: | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567 |
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| author | Villalta Romero, Dante |
| author_browse | Villalta Romero, Dante |
| author_facet | Villalta Romero, Dante |
| author_sort | Villalta Romero, Dante |
| collection | DSPACE IDEP |
| description | Financial Inclusion contributes to improving the economic growth and well-being of the population. This document analyzes the factors that explain the determinants of financial inclusion in Latin American countries, allowing economic agents to increase the conditions of access, use and depth, which is influenced by a set of variables that are grouped into six macroeconomic factors., banking, socioeconomic, governmental, labor and technological. For this, the estimation methodology has been used using a fixed-effects panel data model, which includes 14 countries in the Latin American region and a study period ranging from 2004-2020. The results of the study show that there is a positive correlation between some of the factors used in the model, being the most significant macroeconomic, banking, socioeconomic, governmental, and labor factors. Regarding the technological factors, of the three variables, only cellular telephony is significant, however, it adds significance to the general model. In conclusion, we can affirm that the chosen factors explain the determinants of financial inclusion in the case of Latin America. |
| first_indexed | 2026-06-19T15:28:40Z |
| format | Online |
| id | oai:revistas.ufps.edu.co:article-4567 |
| institution | IDEP |
| language | eng spa |
| last_indexed | 2026-06-19T15:28:40Z |
| publishDate | 2024 |
| publishDateRange | 2024 |
| publishDateSort | 2024 |
| publisher | Universidad Francisco de Paula Santander |
| publisherStr | Universidad Francisco de Paula Santander |
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| spelling | oai:revistas.ufps.edu.co:article-45672024-09-09T15:24:24Z Financial inclusion and its determinants for Latin America period: 2004-2020 La inclusión financiera y sus factores determinantes para América Latina período: 2004-2020 Villalta Romero, Dante Inclusión Financiera Factores: Macroeconómico Bancario Socioeconómicos Gubernamental Tecnológico Financial Inclusion Factors: Macroeconomic Banking Socioeconomic Governmental Technological Financial Inclusion contributes to improving the economic growth and well-being of the population. This document analyzes the factors that explain the determinants of financial inclusion in Latin American countries, allowing economic agents to increase the conditions of access, use and depth, which is influenced by a set of variables that are grouped into six macroeconomic factors., banking, socioeconomic, governmental, labor and technological. For this, the estimation methodology has been used using a fixed-effects panel data model, which includes 14 countries in the Latin American region and a study period ranging from 2004-2020. The results of the study show that there is a positive correlation between some of the factors used in the model, being the most significant macroeconomic, banking, socioeconomic, governmental, and labor factors. Regarding the technological factors, of the three variables, only cellular telephony is significant, however, it adds significance to the general model. In conclusion, we can affirm that the chosen factors explain the determinants of financial inclusion in the case of Latin America. La Inclusión Financiera contribuye a mejorar el crecimiento económico y bienestar de la población de un país o de una región determinados. En el presente trabajo se analizan los factores que explican los determinantes de la inclusión financiera en los países de América Latina, en la perspectiva de potenciar las condiciones de acceso, uso y profundidad a los agentes económicos que están influenciados por un conjunto de variables que se pueden agrupar en seis factores: macroeconómicos, bancarios, socioeconómicos, gubernamentales, laborales y tecnológicos. En ese sentido, se ha utilizado la metodología de estimación, usando un modelo de datos o panel de efectos fijos, incluyendo un universo de catorce países de la región Latinoamericana, y el periodo de estudio 2004-2020. Los resultados del estudio indican que existe una correlación positiva, en casi todos los factores utilizados en el modelo; destacándose los siguientes: macroeconómico, bancario, socioeconómico, gubernamental y laboral. En cuanto al factor tecnológico, dentro de las tres variables, solo es significativa la telefonía celular; sin embargo, no puede descartarse que aporta una relativa significancia al modelo general. En conclusión, se puede afirmar que los factores elegidos permiten ser considerados como determinantes de la inclusión financiera para el caso elegido como universo de estudio. Universidad Francisco de Paula Santander 2024-07-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf application/pdf text/html text/xml https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567 10.22463/24221783.4567 Revista Científica Profundidad Construyendo Futuro; Vol. 21 No. 21 (2024): Julio-Diciembre; 70-83 Revista Científica Profundidad Construyendo Futuro; Vol. 21 Núm. 21 (2024): Julio-Diciembre; 70-83 2422-2518 eng spa https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567/6364 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567/5881 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567/5892 https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567/5885 Derechos de autor 2024 Universidad Francisco de Paula Santander https://creativecommons.org/licenses/by-nc/4.0 |
| spellingShingle | Inclusión Financiera Factores: Macroeconómico Bancario Socioeconómicos Gubernamental Tecnológico Financial Inclusion Factors: Macroeconomic Banking Socioeconomic Governmental Technological Villalta Romero, Dante Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title | Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title_alt | La inclusión financiera y sus factores determinantes para América Latina período: 2004-2020 |
| title_full | Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title_fullStr | Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title_full_unstemmed | Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title_short | Financial inclusion and its determinants for Latin America period: 2004-2020 |
| title_sort | financial inclusion and its determinants for latin america period 2004 2020 |
| topic | Inclusión Financiera Factores: Macroeconómico Bancario Socioeconómicos Gubernamental Tecnológico Financial Inclusion Factors: Macroeconomic Banking Socioeconomic Governmental Technological |
| topic_facet | Inclusión Financiera Factores: Macroeconómico Bancario Socioeconómicos Gubernamental Tecnológico Financial Inclusion Factors: Macroeconomic Banking Socioeconomic Governmental Technological |
| url | https://revistas.ufps.edu.co/index.php/profundidad/article/view/4567 |
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