Koomson, Isaac

Asongu, Simplice A

Acheampong, Alex O

2023

<p>Considering the worsening levels of food insecurity globally, studies exploring the link between financial inclusion and food insecurity have become imperative. This paper contributes to the literature by examining the effect of financial inclusion on food insecurity using a multidimensional index of financial inclusion and a food insecurity construct obtained from the Food Insecurity Experience Scale. Based on data extracted from the seventh round of the Ghana Living Standards Sur-vey, our preferred endogeneity-corrected results indicate that improvements in financial inclusion is associated with a reduction in food insecurity. This finding is consistent across different conceptualisations of food insecurity, alternative weighting schemes and cut-offs for the financial inclusion index and different quasi-experimental methods. Financial inclusion is mainly effective in reducing food insecurity in male-headed and rural-located households. Our findings reveal that entrepreneurship is an important pathway through which financial inclusion influences food insecurity.</p>

Journal of Consumer Affairs, v.57, p. 418-444

1745-6606

0022-0078

https://hdl.handle.net/1959.11/62677

en

Wiley-Blackwell Publishing, Inc

Attribution-NonCommercial-NoDerivatives 4.0 International

Financial inclusion and food insecurity: Examining linkages and potential pathways

Journal Article

Publication