{"title":"Digital financial inclusion (DFI) can improve the economic growth: a study of India","authors":"Nenavath Sreenu","doi":"10.1108/jfm-01-2023-0011","DOIUrl":null,"url":null,"abstract":"\nPurpose\nCan digital financial inclusion (DFI) as an emerging and innovative financial service encourage economic development?\n\n\nDesign/methodology/approach\nBased on a Bayesian macroeconomic investigation framework, this research study presents the level of internet growth as a threshold variable and examines the influence of DFI on economic development based on state panel data from 2008 to 2021 in India.\n\n\nFindings\nThe outcome of DFI on economic development through various mediation models. The results illustrate that DFI growth substantially contributes to economic development.\n\n\nOriginality/value\nEncouraging small and medium-sized enterprise entrepreneurship and motivating populations’ utilization are two significant networks through which DFI progress affects economic growth.\n","PeriodicalId":46544,"journal":{"name":"Journal of Facilities Management","volume":null,"pages":null},"PeriodicalIF":2.2000,"publicationDate":"2023-08-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Facilities Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1108/jfm-01-2023-0011","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"MANAGEMENT","Score":null,"Total":0}
引用次数: 0
Abstract
Purpose
Can digital financial inclusion (DFI) as an emerging and innovative financial service encourage economic development?
Design/methodology/approach
Based on a Bayesian macroeconomic investigation framework, this research study presents the level of internet growth as a threshold variable and examines the influence of DFI on economic development based on state panel data from 2008 to 2021 in India.
Findings
The outcome of DFI on economic development through various mediation models. The results illustrate that DFI growth substantially contributes to economic development.
Originality/value
Encouraging small and medium-sized enterprise entrepreneurship and motivating populations’ utilization are two significant networks through which DFI progress affects economic growth.
期刊介绍:
Journal of Facilities Management is a strategic level journal for Heads of Facilities and Corporate Real Estate. Guided by its international and expert Editorial Board, Journal of Facilities Management publishes high-quality, authoritative, and detailed analysis, briefings and case studies on how facilities can and do play a vital part in helping deliver corporate strategy. This quarterly publication features contributions from leading practitioners and thinkers in the field of Facilities Management, from some of the leading companies, government institutions, and universities in the world. The journal features a combination of theoretical and practical articles, complemented by a wide range of case studies and regular features, identifying key implications for senior practitioners in Facilities Management.