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Table 3 Definitions and sources of variables

From: Mobile money innovations, income inequality and gender inclusion in sub-Saharan Africa

Variables

Definitions

Sources

Women in politics

Proportion of seats held by women in national parliament (%)

WDI (World Bank)

Women in business

Women businesses and law index score (scale 1–100)

WDI (World Bank)

Income inequality (Gini)

“The Gini coefficient is a measurement of the income distribution of a country's residents”

WDI (World Bank)

Mobile send

The percentage of respondents who report using a mobile phone to send money in the past 12 months (% age 15 +)

GFDD (World Bank)

Mobile payment

The percentage of respondents who report using a mobile phone to pay bills in the past 12 months (% age 15 +)

GFDD (World Bank)

Financial institutions depth index

The Financial Institutions Depth (FID) Index, which compiles data on bank credit to the private sector, pension fund assets, mutual fund assets, and insurance premiums (life and non‐life) as percentages of GDP

Findex (World Bank)

Financial institutions access index

The Financial Institutions Access (FIA) Index, which compiles data on the number of bank branches and the number of automatic teller machines (ATMs) per 100,000 adults

Findex (World Bank)

Financial institutions efficiency index

The Financial Institutions Efficiency (FIE) Index, which compiles data on the banking sector’s net interest margin, the lending–deposits spread, the ratios of non‐interest income to total income and overhead costs to total assets, and the returns on assets and equity

Findex (World Bank)

Inflation

Inflation, consumer prices (annual %)

WDI (World Bank)

Foreign aid

Net Official Development Assistance received (% of GNI)

WDI (World Bank)

Government Expenditure

General government final consumption expenditure (% of GDP)

WDI (World Bank)

Economic growth

GDP growth (annual %)

WDI (World Bank)

Foreign investment

Foreign direct investment, net inflows (% of GDP)

WDI (World Bank)

Remittances

Remittance inflows (%GDP)

WDI (World Bank)

Trade

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product

WDI (World Bank)

  1. GDP Gross Domestic Product, GNI Gross National Income, WDI World Development Indicators, IMF International Monetary Fund, GFDD Global Financial Development Database