Financial inclusion in Sincelejo (Colombia). A Probit econometric model
| dc.citation.epage | 110 | |
| dc.citation.issue | 46 | |
| dc.citation.journalAbbreviatedTitle | ecos.econ. | eng |
| dc.citation.journalTitle | Ecos de Economía: A Latin American Journal of Applied Economics | eng |
| dc.citation.spage | 91 | |
| dc.citation.volume | 22 | |
| dc.contributor.affiliation | Oikos | spa |
| dc.contributor.affiliation | Universidad de Sucre | spa |
| dc.contributor.author | Anaya Narváez, Alfredo Rafael | spa |
| dc.contributor.author | Romero Álvarez, Yaneth Patricia | spa |
| dc.date | 2018-06-18 | |
| dc.date.accessioned | 2018-11-09T18:17:56Z | |
| dc.date.available | 2018-11-09T18:17:56Z | |
| dc.date.issued | 2018-06-18 | |
| dc.description | This paper examines the relationship between financial inclusion and income poverty of households in the city of Sincelejo, in the Colombian department of Sucre. The correlation between these two variables is confirmed through a probabilistic or qualitative response econometric model called Probit. Additional socioeconomic variables were used which help account for the phenomenon of financial inclusion. In order to achieve this purpose, primary information was collected through surveys conducted in 541 sincelejanos households on the variables involved in the analysis and the information gathered was processed through Eviews 7.1 in order to obtain the estimates of the econometric model. The results confirm that this phenomenon can be adequately studied through a binomial regression analysis and that there is an inverse relationship between income poverty and financial inclusion (measured as the access by households to any kind of service or product from formal financial institutions). The results also confirm that higher schooling of the household head is the major factor in increasing the likelihood of household financial inclusion. | eng |
| dc.description | En este trabajo se examina la relación entre la inclusión financiera y la pobreza monetaria de los hogares del municipio de Sincelejo, departamento de Sucre (Colombia), y se confirma la correlación entre las dos variables a través de un modelo econométrico probabilístico o de respuesta cualitativa, denominado Probit; utilizando, además, otras variables socioeconómicas que ayuden a explicar el fenómeno de la inclusión financiera. Para lograrlo se tomó información primaria mediante encuestas a 541 hogares sincelejanos sobre las variables involucradas en el análisis y, mediante el programa Eviews 7.1, se procesó la información para obtener la estimación del modelo econométrico. Los resultados confirman que este fenómeno se puede estudiar, adecuadamente, a través de un análisis de regresión binomial y que existe una relación inversa entre pobreza monetaria e inclusión financiera (medida a partir de hogares que han tenido algún tipo de servicio o producto en entidades financieras formales). Se confirma, igualmente, que el factor más relevante para incrementar las probabilidades de inclusión de los hogares son los mayores niveles de educación del jefe del hogar. | spa |
| dc.format | application/pdf | |
| dc.identifier.doi | 10.17230/ecos.2017.46.4 | |
| dc.identifier.issn | 2462-8107 | |
| dc.identifier.issn | 1657-4206 | |
| dc.identifier.uri | http://hdl.handle.net/10784/13123 | |
| dc.language.iso | spa | spa |
| dc.publisher | Universidad EAFIT | spa |
| dc.relation.isversionof | http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/financial-inclusion-in-colombia-a-probit-econometric-model | |
| dc.relation.uri | http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/financial-inclusion-in-colombia-a-probit-econometric-model | |
| dc.rights | Copyright (c) 2018 Alfredo Rafael Anaya Narváez, Yaneth Patricia Romero Álvarez | eng |
| dc.rights.accessrights | info:eu-repo/semantics/openAccess | eng |
| dc.rights.local | Acceso abierto | spa |
| dc.source | instname:Universidad EAFIT | |
| dc.source | reponame:Repositorio Institucional Universidad EAFIT | |
| dc.source | Ecos de Economía: A Latin American Journal of Applied Economics; Vol 22, No 46 (2018) | eng |
| dc.source | Ecos de Economía: A Latin American Journal of Applied Economics; Vol 22, No 46 (2018) | spa |
| dc.subject | G20 | |
| dc.subject | G38 | |
| dc.subject | C11 | |
| dc.subject.keyword | Inclusion | eng |
| dc.subject.keyword | Poverty | eng |
| dc.subject.keyword | Socioeconomic variables | eng |
| dc.subject.keyword | Probit | eng |
| dc.subject.keyword | Sincelejo | eng |
| dc.subject.keyword | Inclusión | spa |
| dc.subject.keyword | Pobreza | spa |
| dc.subject.keyword | Variables socioeconómicas | spa |
| dc.subject.keyword | Probit | spa |
| dc.subject.keyword | Sincelejo | spa |
| dc.title | Financial inclusion in Sincelejo (Colombia). A Probit econometric model | eng |
| dc.title | La inclusión financiera en Sincelejo (Colombia). Un modelo econométrico probit | spa |
| dc.type | info:eu-repo/semantics/article | eng |
| dc.type | info:eu-repo/semantics/publishedVersion | eng |
| dc.type | article | eng |
| dc.type | publishedVersion | eng |
| dc.type.local | Artículo | spa |