AGDI currently has about 300 publications.
2018 |
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1. | A., Batuo Nwachukwu & Tchamyou Asongu M E J C V S S Journal of Multinational Financial Management, 2018. Abstract | Links | BibTeX | Tags: Financial access; Market power; Information asymmetry; ICT; Africa @article{Asongu_355, author = {Batuo Nwachukwu & Tchamyou M E J C V S Asongu S. A.}, url = {https://www.sciencedirect.com/science/article/pii/S1042444X17303055}, doi = {10.1016/j.mulfin.2018.04.005}, year = {2018}, date = {2018-04-27}, journal = {Journal of Multinational Financial Management}, abstract = {This study assesses how information diffusion dampens the adverse effect of market power on the price and quantity of loans provided by a panel of 162 banks from 39 African countries for the period 2001-2011. First, from the Generalised Method of Moments results, a mobile phone penetration rate of 54.29, rising to 57 per 100 people are predicted to neutralise the adverse effect of market power on the average loan price and quantity respectively. Second, from the Quantile Regressions, mobile phone penetration rates of 56.20, 52.04 and 42.76 per 100 people is needed to nullify the negative effect of market power on loan quantity at the 10th decile, 25th quartile and 90th decile respectively. Third, a considerably lower internet penetration rate of 9.49 per 100 people is required to counteract the negative impact of market power on loan quantity at the 90th decile. Policy implications are discussed.}, keywords = {Financial access; Market power; Information asymmetry; ICT; Africa}, pubstate = {published}, tppubtype = {article} } This study assesses how information diffusion dampens the adverse effect of market power on the price and quantity of loans provided by a panel of 162 banks from 39 African countries for the period 2001-2011. First, from the Generalised Method of Moments results, a mobile phone penetration rate of 54.29, rising to 57 per 100 people are predicted to neutralise the adverse effect of market power on the average loan price and quantity respectively. Second, from the Quantile Regressions, mobile phone penetration rates of 56.20, 52.04 and 42.76 per 100 people is needed to nullify the negative effect of market power on loan quantity at the 10th decile, 25th quartile and 90th decile respectively. Third, a considerably lower internet penetration rate of 9.49 per 100 people is required to counteract the negative impact of market power on loan quantity at the 90th decile. Policy implications are discussed. |
2016 |
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2. | Batuo, Jacinta Nwachukwu Vanessa Tchamyou Simplice Asongu Enowbi 2016. Abstract | Links | BibTeX | Tags: Financial access; Market power; Information asymmetry; ICT; Africa @workingpaper{Asongu_526, author = {Jacinta Nwachukwu Vanessa Tchamyou Simplice Asongu Enowbi Batuo}, url = {http://www.afridev.org/RePEc/agd/agd-wpaper/Information-diffusion-market-power-and-financial-access.pdf}, year = {2016}, date = {2016-10-04}, abstract = {This study assesses how information diffusion dampens the adverse effect of market power on the price and quantity of loans provided by a panel of 162 banks from 39 African countries for the period 2001-2011. The empirical evidence is based on three endogenity-robust estimation techniques, namely: (i) Two Stage Least Squares (2SLS), (ii) Generalised Method of Moments (GMM) and (iii) Instrumental Variable Quantile Regressions (QR). Three key results emerge. First, from the GMM results, a mobile phone penetration rate of 54.29, rising to 57 per 100 people are predicted to neutralise the adverse effect of market power on the average loan price and quantity respectively. Second, from the QR, mobile phone penetration rates of 56.20, 52.04 and 42.76 per 100 people is needed to nullify the negative effect of market power on loan quantity at the 0.10th, 0.25th and 0.90th quintiles respectively. Third, a considerably lower internet penetration rate of 9.49 per 100 people is required to counteract the negative impact of market power on loan quantity at the 0.90th quintile.}, keywords = {Financial access; Market power; Information asymmetry; ICT; Africa}, pubstate = {published}, tppubtype = {workingpaper} } This study assesses how information diffusion dampens the adverse effect of market power on the price and quantity of loans provided by a panel of 162 banks from 39 African countries for the period 2001-2011. The empirical evidence is based on three endogenity-robust estimation techniques, namely: (i) Two Stage Least Squares (2SLS), (ii) Generalised Method of Moments (GMM) and (iii) Instrumental Variable Quantile Regressions (QR). Three key results emerge. First, from the GMM results, a mobile phone penetration rate of 54.29, rising to 57 per 100 people are predicted to neutralise the adverse effect of market power on the average loan price and quantity respectively. Second, from the QR, mobile phone penetration rates of 56.20, 52.04 and 42.76 per 100 people is needed to nullify the negative effect of market power on loan quantity at the 0.10th, 0.25th and 0.90th quintiles respectively. Third, a considerably lower internet penetration rate of 9.49 per 100 people is required to counteract the negative impact of market power on loan quantity at the 0.90th quintile. |