The Mediating Role of Access to Financial Services in the Effect of Financial Literacy on Household Income: The Case of Rural Ghana

Dados Bibliográficos

AUTOR(ES) P. Wang , Y. Jiang , Z. Ding , Martinson Ankrah Twumasi , Wonder Abgenyo
AFILIAÇÃO(ÕES) China Agricultural University, Beijing, China, Sichuan Agricultural University, Chengdu, China
ANO 2022
TIPO Artigo
PERIÓDICO SAGE Open
ISSN 2158-2440
E-ISSN 2158-2440
DOI 10.1177/21582440221079921
CITAÇÕES 3
ADICIONADO EM 2025-08-18

Resumo

The aim of alleviating poverty has a necessary implication on rural households' economic development. The study investigates the mediating role of access to financial services (AFS) in the effect of financial literacy (FL) on household income using survey data collected from four regions in Ghana. Using the multi-stage sampling technique, 572 respondents were randomly selected for the study. The findings of this study reveal that financial literacy has a robust, increasing effect on household income. Again, the results depict that AFS mediates the positive effect of FL on household income. An interesting moderating effect of social networks is also revealed in the study. This study adds to the existing literature on rural development by exploring how financial education and inclusions contribute to poverty alleviation and provides policy implications to improve rural households' well-being.

Effect of Financial Inclusion on Poverty and Vulnerability to Poverty: Evidence Using a Multidimensional Measure of Financial Inclusion

(2020)

Ferramentas

Acessar via DOI