Does financial inclusion and ICT influence the economic growth: an evidence from ‎select emerging economies using panel data estimates

Authors

  • Shylaja H. N Department of Commerce, Manipal Academy of Higher Education, Manipal, India
  • Sathish Pachiyappan School of Business and Management CHRIST University Bannerghatta Road Campus, ‎Bengaluru - 560076 Karnataka, India‎
  • B. S. Arjun School of Business and Management CHRIST University Bannerghatta Road Campus, ‎Bengaluru - 560076 Karnataka, India
  • Chandrakala G School of Commerce and Management studies,‎ Dayananda Sagar University, Karnataka, India‎ 4 Shiv Nadar University Chennai, Tamilnadu, India
  • Janani Ravinagarajan Shiv Nadar University Chennai, Tamilnadu, India

How to Cite

N, S. H. ., Pachiyappan, S., Arjun , B. S. ., G, C. ., & Ravinagarajan , J. . (2025). Does financial inclusion and ICT influence the economic growth: an evidence from ‎select emerging economies using panel data estimates. International Journal of Accounting and Economics Studies, 12(1), 41-49. https://doi.org/10.14419/xsnv7178

Received date: March 12, 2025

Accepted date: April 10, 2025

Published date: April 20, 2025

DOI:

https://doi.org/10.14419/xsnv7178

Keywords:

Digital Financial Inclusion; Sustainable Economic Growth; Panel Data; ICT; Financial Inclusion

Abstract

Information Communication Technology (ICT) 's contribution to financial ‎services and economic growth is extensively researched. With technological development, the ‎financial systems are converging with ICT platforms, thereby leading to digital financial systems‎, creating opportunities that bridge the gap between affluent and disadvantaged sections in ‎emerging economies. In this study, we employ the panel data estimation method to evaluate the ‎impact of ICT in providing financial services that would lead to sustainable economic growth in ‎‎12 emerging economies from 2010 to 2024. The findings emphasize the critical role ‎of digital financial services and ICT infrastructure in boosting financial inclusion and driving ‎inclusive economic growth. The Random Effect model has inferred that there exists a moderate ‎effect of fixed telephone lines and mobile cellular subscribers on GDP by simplifying digital ‎applications, integrating regional languages. By ensuring secure systems in places, the regulators ‎and service providers can contribute to the sustainable economic growth of both the country ‎and the underserved communities‎.

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How to Cite

N, S. H. ., Pachiyappan, S., Arjun , B. S. ., G, C. ., & Ravinagarajan , J. . (2025). Does financial inclusion and ICT influence the economic growth: an evidence from ‎select emerging economies using panel data estimates. International Journal of Accounting and Economics Studies, 12(1), 41-49. https://doi.org/10.14419/xsnv7178

Received date: March 12, 2025

Accepted date: April 10, 2025

Published date: April 20, 2025