期刊
HELIYON
卷 7, 期 10, 页码 -出版社
CELL PRESS
DOI: 10.1016/j.heliyon.2021.e08156
关键词
Africa; Financial access; Financial development; ICTs; ICT access; Inequality; Poverty
The study finds that ICT skills are effective in reducing poverty in Sub-Saharan Africa, particularly when complemented by enhanced financial development.
The study examines the effectiveness of ICT diffusion and financial development in reducing the severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Development Indicators and the Global Consumption and Income Project (1980-2019), we provide evidence, robust to several specifications from the dynamic system GMM and the panel corrected standard errors estimation techniques, to show that, compared to financial access, ICT usage, and ICT access, ICT skills is remarkable in reducing both the severity and intensity of poverty. The results further revealed that, though ICT skills reduce poverty, the effect is more pronounced in the presence of enhanced financial development. Policy recommendations are provided in line with the region's green growth agenda and technological progress.
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