Evidence map›Paper›PMID 40479252›Full record

ArticleJournal of the knowledge economy2022

Does Financial Development Increase Education Level? Empirical Evidence from Sub-Saharan Africa.

Mamadou Asngar Thierry, Ongo Nkoa Bruno Emmanuel

Abstract read
In one paragraph

Article in Journal of the knowledge economy, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 1 paper.

0numbers the graph read from it
0cells of the map it votes in
1citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

1 citing paper in PubMed.

  1. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

2 authors.

Mamadou Asngar ThierryFaculty of Economics and Management, University of Ndjamena, Ndjamena, Chad.
Ongo Nkoa Bruno EmmanuelFaculty of Economics and Management, University of Dschang, Dschang, Cameroon.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

This study analyzes the effect of financial development on education in a sample of 37 sub-Saharan African countries with data covering the period from 2000 to 2018. We use the nine measures of financial development proposed by the International Monetary Fund (IMF) and the three levels of education, including primary, secondary, and tertiary education. Applying the two-stage system Generalized Method of Moment (GMM), we find that financial development increases school enrollment in each level in sub-Saharan Africa. The gender results also show that financial development improves primary and secondary education for both male and female, except at the tertiary level where the effect does not appear to be robust for male. Based on these results, we suggest that the financial market and financial institution in SSA should be improved given its beneficial effects on the education system.

Indexed as

EducationFinancial developmentGenderSub-Saharan Africa

Identifiers

PMID40479252
PMCPMC8987518

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.