| Variable of explanation | Breadth of financial inclusion | Depth of inclusive finance | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | |
| Breadth of financial inclusion | 0.022* (0.023) | 0.019* (0.023) | 0.036* (0.023) | 0.048** (0.024) |
|
|
|
|
| Depth of inclusive finance |
|
|
|
| 0.033** (0.014) | 0.032** (0.014) | 0.029** (0.014) | 0.044*** (0.024) |
| Integrated family cultural concepts | 0.004 (0.002) | 0.004 (0.002) |
|
| 0.004 (0.002) | 0.004 (0.002) |
|
|
| Integrated Family cultural Concepts * Financial Inclusion (breadth/depth) |
| 0.019 (0.016) |
|
|
| 0.010 (0.011) |
|
|
| collectivism |
|
| 0.015*** (0.005) | 0.016*** (0.005) |
|
| 0.017*** (0.005) | 0.016*** (0.005) |
| Distance of power |
|
| −0.007*** (0.001) | −0.007*** (0.001) |
|
| −0.007*** (0.001) | −0.007*** (0.001) |
| Temperament of masculinity |
|
| 0.004* (0.002) | 0.004** (0.002) |
|
| 0.004* (0.002) | 0.004** (0.002) |
| Long term orientation |
|
| 0.008*** (0.001) | 0.007*** (0.001) |
|
| 0.008*** (0.001) | 0.007*** (0.001) |
| Avoidance of uncertainty |
|
| −0.004*** (0.002) | −0.005*** (0.002) |
|
| −0.004*** (0.002) | −0.005*** (0.002) |
| Collectivism * Financial Inclusion (breadth/depth) |
|
|
| −0.034 (0.039) |
|
|
| −0.004 (0.025) |
| Power distance * Financial Inclusion (breadth/depth) |
|
|
| 0.022*** (0.007) |
|
|
| 0.015*** (0.004) |
| Masculinity * Financial Inclusion (breadth/depth) |
|
|
| −0.010 (0.011) |
|
|
| −0.004 (0.007) |
| Long-term orientation * Financial Inclusion (breadth/depth) |
|
|
| −0.023** (0.010) |
|
|
| −0.014** (0.007) |
| Uncertainty avoidance * Financial Inclusion (breadth/depth) |
|
|
| 0.047*** (0.011) |
|
|
| 0.032*** (0.007) |
| Observed value | 17,890 | 17,890 | 17,890 | 17,890 | 17,890 | 17,890 | 17,890 | 17,890 |
| R party | 0.030 | 0.031 | 0.038 | 0.040 | 0.031 | 0.031 | 0.038 | 0.041 |