Table 3 Determinants of digital financial inclusion.
Access to digital finance (Yes = 1, No = 0) | Usage of digital finance (Yes = 1, No = 0) | |||||||
|---|---|---|---|---|---|---|---|---|
β | P value | dy/dx | P value | β | P value | dy/dx | P value | |
Digital Resources Capabilities | ||||||||
Computers or Tablet | −0.404** | 0.029 | −0.079** | 0.028 | 0.431 | 0.130 | 0.048 | 0.128 |
Internet | 1.539* | 0.000 | 0.300* | 0.000 | 0.904* | 0.003 | 0.101* | 0.003 |
Firms and Owners Profile | ||||||||
Firm’s Age | 0.032* | 0.004 | 0.006* | 0.003 | 0.010 | 0.557 | 0.001 | 0.557 |
Gender of Owner | 0.756*** | 0.066 | 0.148*** | 0.065 | −0.206 | 0.647 | −0.023 | 0.647 |
Education level of Owner | ||||||||
Secondary | 0.551** | 0.026 | 0.113** | 0.029 | −0.305 | 0.411 | −0.045 | 0.391 |
Diploma | 0.335 | 0.179 | 0.070 | 0.184 | 0.978** | 0.022 | 0.099** | 0.041 |
Bachelors or above | 0.916* | 0.005 | 0.178* | 0.004 | 0.606 | 0.224 | 0.069 | 0.223 |
Household Size | −0.129* | 0.008 | −0.025* | 0.007 | −0.055 | 0.560 | −0.006 | 0.560 |
Managers Experience | −0.009 | 0.427 | −0.002 | 0.426 | 0.064* | 0.003 | 0.007* | 0.002 |
Constant | −0.352 | 0.275 | 0.417 | 0.438 | ||||
Pseudo R2 | 0.090 | 0.122 | ||||||
Log likelihood | −473.306 | −204.032 | ||||||
LR chi2(9) | 93.540* | 56.460 | ||||||
Prob chi2 | 0.000 | 0.000 | ||||||
