Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors
This study delves into the influence of the digital divide on financial development, considering contextual factors, particularly institutional frameworks. The Asia-Pacific region, chosen for its diverse variables across countries, was pivotal in elucidating this relationship. This research reveals...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house
2025-06-01
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| Series: | Scientific Annals of Economics and Business |
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| Online Access: | https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2860 |
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| _version_ | 1849683511231905792 |
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| author | Bao Trung Phan Dao Le-Van Dinh Van Nguyen Thi Kim Duyen Nguyen |
| author_facet | Bao Trung Phan Dao Le-Van Dinh Van Nguyen Thi Kim Duyen Nguyen |
| author_sort | Bao Trung Phan |
| collection | DOAJ |
| description | This study delves into the influence of the digital divide on financial development, considering contextual factors, particularly institutional frameworks. The Asia-Pacific region, chosen for its diverse variables across countries, was pivotal in elucidating this relationship. This research reveals that the impact of the digital divide on financial development becomes evident about two years post-implementation by addressing time lag and endogeneity concerns with instrumental variables. Notably, the study highlights how the digital divide affects financial inclusion advancements, with institutional quality moderating the strength of this relationship but not altering its trajectory. Monopoly is recognized as a constraint on financial development, supporting previous research. Policymakers in transitioning economies should heed the delayed effects of digital transformation, emphasizing long-term strategies considering multifaceted impacts on financial development. |
| format | Article |
| id | doaj-art-07669c86d50a4b038f9df335364724c7 |
| institution | DOAJ |
| issn | 2501-3165 |
| language | English |
| publishDate | 2025-06-01 |
| publisher | Editura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing house |
| record_format | Article |
| series | Scientific Annals of Economics and Business |
| spelling | doaj-art-07669c86d50a4b038f9df335364724c72025-08-20T03:23:51ZengEditura Universităţii „Alexandru Ioan Cuza” din Iaşi / Alexandru Ioan Cuza University of Iasi Publishing houseScientific Annals of Economics and Business2501-31652025-06-0172223727210.47743/saeb-2025-00121891Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual FactorsBao Trung Phan0Dao Le-Van1Dinh Van Nguyen2Thi Kim Duyen Nguyen3International School, Vietnam National University Ha NoiVietnam National University Hanoi's International School and RMIT UniversityInternational School VNU HanoiInternational School, Vietnam National University, Hanoi This study delves into the influence of the digital divide on financial development, considering contextual factors, particularly institutional frameworks. The Asia-Pacific region, chosen for its diverse variables across countries, was pivotal in elucidating this relationship. This research reveals that the impact of the digital divide on financial development becomes evident about two years post-implementation by addressing time lag and endogeneity concerns with instrumental variables. Notably, the study highlights how the digital divide affects financial inclusion advancements, with institutional quality moderating the strength of this relationship but not altering its trajectory. Monopoly is recognized as a constraint on financial development, supporting previous research. Policymakers in transitioning economies should heed the delayed effects of digital transformation, emphasizing long-term strategies considering multifaceted impacts on financial development.https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2860digital dividefinancial developmentasia-pacific regioninstitutional quality. |
| spellingShingle | Bao Trung Phan Dao Le-Van Dinh Van Nguyen Thi Kim Duyen Nguyen Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors Scientific Annals of Economics and Business digital divide financial development asia-pacific region institutional quality. |
| title | Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors |
| title_full | Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors |
| title_fullStr | Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors |
| title_full_unstemmed | Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors |
| title_short | Digital Divide on Financial Development in Asia-Pacific Region: The Role of Contextual Factors |
| title_sort | digital divide on financial development in asia pacific region the role of contextual factors |
| topic | digital divide financial development asia-pacific region institutional quality. |
| url | https://saeb.feaa.uaic.ro/index.php/saeb/article/view/2860 |
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