Research Trends in Digital Financial Inclusion: A Bibliometric Analysis using VOSviewer
Keywords:
Digital Financial Inclusion, Bibliometric, Digital Inclusion, Data Analysis, VOSviewer
Abstract
Digital financial inclusion (DFI) aims to provide affordable and sustainable financial services to financially excluded and underserved populations through cost-saving digital means. The purpose of the study is to conduct a bibliometric analysis of DFI using VOSviewer software. A bibliometric and descriptive quantitative approach was employed. Data was collected based on the keyword "digital financial inclusion" from Google Scholar. From the search results, 982 articles published between 2018 and 2023 were found, with 125 relevant to the topic. The number of DFI publications increased from 7 in 2018 to 18 in 2019, indicating a growing interest. The number remained stable in 2020 and 2021, but there was a significant surge in research interest in 2022 with 37 publications. This study demonstrates the relevance of bibliometric analysis, particularly in the field of DFI. The findings are essential for policymakers, researchers, and practitioners to determine the novelty and quantity of data.
References
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Ayadi, R., & Shaban, M. (2020). Digital financial inclusion: a pillar of resilience amidst Covid-19. EMEA policy paper.
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Chen, S., & Zhang, H. (2021). Does digital finance promote manufacturing servitization: Micro evidence from China. International Review of Economics & Finance, 76, 856-869.
Demirgüç-Kunt, A., Klapper, L., Singer, D., Ansar, S., & Hess, J. (2020). The Global Findex Database 2017: Measuring financial inclusion and opportunities to expand access to and use of financial services. The World Bank Economic Review, 34(Supplement_1), S2-S8.
Dobrucka, R. (2018). Synthesis of MgO nanoparticles using Artemisia abrotanum herba extract and their antioxidant and photocatalytic properties. Iranian Journal of Science and Technology, Transactions A: Science, 42(2), pp. 547-555.
Dongjiao, L., & Pengtao, Z. (2021). Digital Financial Inclusion & Home Business Insurance Purchase [J]. Consumer economy, 37(02), 67-78.
Du, J., Wei, S. W., & Wu, W. Y. (2020). Does digital financial inclusion promote the optimization of industrial structure. Comp. Econ. Soc. Syst, 6, 38-49.
Essien, E. R., Atasie, V. N., Okeafor, A. O., & Nwude, D. O. (2020). Biogenic synthesis of magnesium oxide nanoparticles using Manihot esculenta (Crantz) leaf extract. International Nano Letters, 10(1), pp. 43-48.
Gallego-Losada, M. J., Montero-Navarro, A., García-Abajo, E., & Gallego-Losada, R. (2023). Digital financial inclusion. Visualizing the academic literature. Research in International Business and Finance, 64, 101862.
Garrett, D. E. (2012). Potash: deposits, processing, properties and uses. Springer Science & Business Media.
Heumüller, R., Nielebock, S., Krüger, J., & Ortmeier, F. (2020). Publish or perish, but do not forget your software artifacts. Empirical Software Engineering, 25(6), 4585-4616.
Lai, J. T., Yan, I. K., Yi, X., & Zhang, H. (2020). Digital financial inclusion and consumption smoothing in China. China & World Economy, 28(1), 64-93.
Li, M., & Feng, S. X. (2020). Digital financial inclusion and urban-rural income gap: a literature based analysis. Contemporary Economic Management, 42, 93-102.
Liu, Z., Zhang, Y., & Li, H. (2021). Digital inclusive finance, multidimensional education, and farmers’ entrepreneurial behavior. Mathematical Problems in Engineering, 2021, 1-13.
Lu, Y., Wang, L., & Zhang, Y. (2022). Does digital financial inclusion matter for firms’ ESG disclosure? Evidence from China. Frontiers in Environmental Science, 10, 1029975.
Lu, Y., Wang, L., & Zhang, Y. (2022). Does digital financial inclusion matter for firms’ ESG disclosure? Evidence from China. Frontiers in Environmental Science, 10, 1029975.
Ma, J., & Li, Z. (2021). Does digital financial inclusion affect agricultural eco-efficiency? A case study on China. Agronomy, 11(10), 1949.
Mguni, L. L., Mukenga, M., Jalama, K., & Meijboom, R. (2013). Effect of calcination temperature and MgO crystallite size on MgO/TiO2 catalyst system for soybean oil transesterification. Catalysis Communications, 34, pp. 52-57.
Mondal, S. (2020). Digital Financial Inclusion and Inclusive Development of India. International Journal of Innovative Science and Research Technology, 5(3), 1054-1059.
Moonsamy, D. (2018). Digital Financial Inclusion through Consumer Adoption of Digital Payments in South Africa (Doctoral dissertation, Doctoral dissertation, University of Cape Town).
Mukalayi, N. M., & Inglesi-Lotz, R. (2023). Digital financial inclusion and energy and environment: global positioning of sub-Saharan African countries. Renewable and Sustainable Energy Reviews, 173, 113069.
Mulungula, A. M., & Nimubona, F. (2022). Digital financial inclusion and trade openness in Africa. Open Journal of Business and Management, 10(2), 744-777.
Nandatamadini, F., Karina, S., Nandiyanto, A. B. D., & Ragadhita, R. (2019). Feasibility study based on economic perspective of cobalt nanoparticle synthesis with chemical reduction method. Cakra Kimia (Indonesian E-Journal of Applied Chemistry), 7(1), pp. 61-68.
Nandiyanto, A. B. D. (2018). Cost analysis and economic evaluation for the fabrication of activated carbon and silica particles from rice straw waste. Journal of Engineering Science and Technology, 13(6), pp. 1523-1539.
Nassar, M. Y., Mohamed, T. Y., Ahmed, I. S., & Samir, I. (2017). MgO nanostructure via a sol-gel combustion synthesis method using different fuels: an efficient nano-adsorbent for the removal of some anionic textile dyes. Journal of Molecular Liquids, 225, pp. 730-740.
Oladinrin, O. T., Arif, M., Rana, M. Q., & Gyoh, L. (2023). Interrelations between construction ethics and innovation: A bibliometric analysis using VOSviewer. Construction Innovation, 23(3), 505-523.
Ouyang, H., Tseen Fu, B. L., Zhang, M., & Liu, G. (2022). Digital financial inclusion and Rural Poverty Reduction. Turkish Online Journal of Qualitative Inquiry, 13(1).
Oyewola, D. O., & Dada, E. G. (2022). Exploring machine learning: a scientometrics approach using bibliometrix and VOSviewer. SN Applied Sciences, 4(5), 143.
Ozturk, I., & Ullah, S. (2022). Does digital financial inclusion matter for economic growth and environmental sustainability in OBRI economies? An empirical analysis. Resources, Conservation and Recycling, 185, 106489.
Prasanth, R., Kumar, S. D., Jayalakshmi, A., Singaravelu, G., Govindaraju, K., & Kumar, V. G. (2019). Green synthesis of magnesium oxide nanoparticles and their antibacterial activity. Indian Journal of Geo Marine Sciences, 48(08), pp. 1210-1215.
Raji, R. (2020). Digital financial inclusion in Africa: an analytical assessment of Kenya & Nigeria. Africa Current Issues.
Ren, B., & Li, L. (2019). Does Digital Financial Inclusion Promote Inclusive Rural Growth: A Study Based on the Survey Data of 2114 Rural Residents in Beijing-Tianjin-Hebei. Mod. Financ. Econ. J. Tianjin Univ. Financ. Econ, 3-14.
Tay, L. Y., Tai, H. T., & Tan, G. S. (2022). Digital financial inclusion: A gateway to sustainable development. Heliyon.
Van Eck, N., & Waltman, L. (2010). Software survey: VOSviewer, a computer program for bibliometric mapping. scientometrics, 84(2), 523-538.
Wang, N., Tang, G., Jiang, B., He, Z., & He, Q. (2023). The development of green enterprises: A literature review based on VOSviewer and Pajek. Australian Journal of Management, 48(2), 204-234.
Yang, X., Huang, Y., & Gao, M. (2022). Can digital financial inclusion promote female entrepreneurship? Evidence and mechanisms. The North American Journal of Economics and Finance, 63, 101800.
Yi, X., & Zhou, L. (2018). Does digital financial inclusion significantly influence household consumption? Evidence from household survey data in China. Journal of Financial Research, 11(461), 47-67.
Zhang, H., & Bai, Q. (2018). Does digital financial inclusion reduce the urban-rural income Gap? Panel threshold regression analysis based on China’s provincial data. Econ. Probl. Explor, 10, 122-129.
Ayadi, R., & Shaban, M. (2020). Digital financial inclusion: a pillar of resilience amidst Covid-19. EMEA policy paper.
Azergun, N. (2021). The Exclusionary Politics of Digital Financial Inclusion: Mobile Money, Gendered Walls: by Serena Natile, Oxfordshire, Routledge, 2020, 180 pp., 155.00(hardback), ISBN9780367179588/ 57.95 (e-book), ISBN 9780367179618.
Balakrishnan, G., Velavan, R., Batoo, K. M., & Raslan, E. H. (2020). Microstructure, optical and photocatalytic properties of MgO nanoparticles. Results in Physics, 16, pp. 103013.
Bawuah, I. (2023). Mobile Money and Financial Inclusion: The role of Institutional Quality. Research Square.
Bull, G., & Klapper, L. (2023). 10. Digital financial inclusion and development. Escalation Management in International Crises: The United States and its Adversaries, 164.
Chen, S., & Zhang, H. (2021). Does digital finance promote manufacturing servitization: Micro evidence from China. International Review of Economics & Finance, 76, 856-869.
Demirgüç-Kunt, A., Klapper, L., Singer, D., Ansar, S., & Hess, J. (2020). The Global Findex Database 2017: Measuring financial inclusion and opportunities to expand access to and use of financial services. The World Bank Economic Review, 34(Supplement_1), S2-S8.
Dobrucka, R. (2018). Synthesis of MgO nanoparticles using Artemisia abrotanum herba extract and their antioxidant and photocatalytic properties. Iranian Journal of Science and Technology, Transactions A: Science, 42(2), pp. 547-555.
Dongjiao, L., & Pengtao, Z. (2021). Digital Financial Inclusion & Home Business Insurance Purchase [J]. Consumer economy, 37(02), 67-78.
Du, J., Wei, S. W., & Wu, W. Y. (2020). Does digital financial inclusion promote the optimization of industrial structure. Comp. Econ. Soc. Syst, 6, 38-49.
Essien, E. R., Atasie, V. N., Okeafor, A. O., & Nwude, D. O. (2020). Biogenic synthesis of magnesium oxide nanoparticles using Manihot esculenta (Crantz) leaf extract. International Nano Letters, 10(1), pp. 43-48.
Gallego-Losada, M. J., Montero-Navarro, A., García-Abajo, E., & Gallego-Losada, R. (2023). Digital financial inclusion. Visualizing the academic literature. Research in International Business and Finance, 64, 101862.
Garrett, D. E. (2012). Potash: deposits, processing, properties and uses. Springer Science & Business Media.
Heumüller, R., Nielebock, S., Krüger, J., & Ortmeier, F. (2020). Publish or perish, but do not forget your software artifacts. Empirical Software Engineering, 25(6), 4585-4616.
Lai, J. T., Yan, I. K., Yi, X., & Zhang, H. (2020). Digital financial inclusion and consumption smoothing in China. China & World Economy, 28(1), 64-93.
Li, M., & Feng, S. X. (2020). Digital financial inclusion and urban-rural income gap: a literature based analysis. Contemporary Economic Management, 42, 93-102.
Liu, Z., Zhang, Y., & Li, H. (2021). Digital inclusive finance, multidimensional education, and farmers’ entrepreneurial behavior. Mathematical Problems in Engineering, 2021, 1-13.
Lu, Y., Wang, L., & Zhang, Y. (2022). Does digital financial inclusion matter for firms’ ESG disclosure? Evidence from China. Frontiers in Environmental Science, 10, 1029975.
Lu, Y., Wang, L., & Zhang, Y. (2022). Does digital financial inclusion matter for firms’ ESG disclosure? Evidence from China. Frontiers in Environmental Science, 10, 1029975.
Ma, J., & Li, Z. (2021). Does digital financial inclusion affect agricultural eco-efficiency? A case study on China. Agronomy, 11(10), 1949.
Mguni, L. L., Mukenga, M., Jalama, K., & Meijboom, R. (2013). Effect of calcination temperature and MgO crystallite size on MgO/TiO2 catalyst system for soybean oil transesterification. Catalysis Communications, 34, pp. 52-57.
Mondal, S. (2020). Digital Financial Inclusion and Inclusive Development of India. International Journal of Innovative Science and Research Technology, 5(3), 1054-1059.
Moonsamy, D. (2018). Digital Financial Inclusion through Consumer Adoption of Digital Payments in South Africa (Doctoral dissertation, Doctoral dissertation, University of Cape Town).
Mukalayi, N. M., & Inglesi-Lotz, R. (2023). Digital financial inclusion and energy and environment: global positioning of sub-Saharan African countries. Renewable and Sustainable Energy Reviews, 173, 113069.
Mulungula, A. M., & Nimubona, F. (2022). Digital financial inclusion and trade openness in Africa. Open Journal of Business and Management, 10(2), 744-777.
Nandatamadini, F., Karina, S., Nandiyanto, A. B. D., & Ragadhita, R. (2019). Feasibility study based on economic perspective of cobalt nanoparticle synthesis with chemical reduction method. Cakra Kimia (Indonesian E-Journal of Applied Chemistry), 7(1), pp. 61-68.
Nandiyanto, A. B. D. (2018). Cost analysis and economic evaluation for the fabrication of activated carbon and silica particles from rice straw waste. Journal of Engineering Science and Technology, 13(6), pp. 1523-1539.
Nassar, M. Y., Mohamed, T. Y., Ahmed, I. S., & Samir, I. (2017). MgO nanostructure via a sol-gel combustion synthesis method using different fuels: an efficient nano-adsorbent for the removal of some anionic textile dyes. Journal of Molecular Liquids, 225, pp. 730-740.
Oladinrin, O. T., Arif, M., Rana, M. Q., & Gyoh, L. (2023). Interrelations between construction ethics and innovation: A bibliometric analysis using VOSviewer. Construction Innovation, 23(3), 505-523.
Ouyang, H., Tseen Fu, B. L., Zhang, M., & Liu, G. (2022). Digital financial inclusion and Rural Poverty Reduction. Turkish Online Journal of Qualitative Inquiry, 13(1).
Oyewola, D. O., & Dada, E. G. (2022). Exploring machine learning: a scientometrics approach using bibliometrix and VOSviewer. SN Applied Sciences, 4(5), 143.
Ozturk, I., & Ullah, S. (2022). Does digital financial inclusion matter for economic growth and environmental sustainability in OBRI economies? An empirical analysis. Resources, Conservation and Recycling, 185, 106489.
Prasanth, R., Kumar, S. D., Jayalakshmi, A., Singaravelu, G., Govindaraju, K., & Kumar, V. G. (2019). Green synthesis of magnesium oxide nanoparticles and their antibacterial activity. Indian Journal of Geo Marine Sciences, 48(08), pp. 1210-1215.
Raji, R. (2020). Digital financial inclusion in Africa: an analytical assessment of Kenya & Nigeria. Africa Current Issues.
Ren, B., & Li, L. (2019). Does Digital Financial Inclusion Promote Inclusive Rural Growth: A Study Based on the Survey Data of 2114 Rural Residents in Beijing-Tianjin-Hebei. Mod. Financ. Econ. J. Tianjin Univ. Financ. Econ, 3-14.
Tay, L. Y., Tai, H. T., & Tan, G. S. (2022). Digital financial inclusion: A gateway to sustainable development. Heliyon.
Van Eck, N., & Waltman, L. (2010). Software survey: VOSviewer, a computer program for bibliometric mapping. scientometrics, 84(2), 523-538.
Wang, N., Tang, G., Jiang, B., He, Z., & He, Q. (2023). The development of green enterprises: A literature review based on VOSviewer and Pajek. Australian Journal of Management, 48(2), 204-234.
Yang, X., Huang, Y., & Gao, M. (2022). Can digital financial inclusion promote female entrepreneurship? Evidence and mechanisms. The North American Journal of Economics and Finance, 63, 101800.
Yi, X., & Zhou, L. (2018). Does digital financial inclusion significantly influence household consumption? Evidence from household survey data in China. Journal of Financial Research, 11(461), 47-67.
Zhang, H., & Bai, Q. (2018). Does digital financial inclusion reduce the urban-rural income Gap? Panel threshold regression analysis based on China’s provincial data. Econ. Probl. Explor, 10, 122-129.
Published
2024-03-15
How to Cite
[1]
G. Ahiase, A. Umar, A. Marwan. M. Saeed, M. Abedin Rasuman, and E. Rianti do Rego Tilman Suri, “Research Trends in Digital Financial Inclusion: A Bibliometric Analysis using VOSviewer”, INJIISCOM, vol. 5, no. 1, pp. 132-145, Mar. 2024.
Section
Articles
