The Interplay of Demographic and Socioeconomic Factors in Financial Inclusion Across Romania's Regions
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11310%2F25%3A10496927" target="_blank" >RIV/00216208:11310/25:10496927 - isvavai.cz</a>
Result on the web
<a href="https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=z-sXbdrYss" target="_blank" >https://verso.is.cuni.cz/pub/verso.fpl?fname=obd_publikace_handle&handle=z-sXbdrYss</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
The Interplay of Demographic and Socioeconomic Factors in Financial Inclusion Across Romania's Regions
Original language description
This study examines the temporal evolution of financial inclusion across Romania's 42 counties from 2011 to 2021, analyzing regional disparities through a multidimensional lens. Using the Mahalanobis Distance-Based Financial Inclusion Index (IFIMd), the Second Demographic Transition Behavioral Index (SDT1), and hierarchical clustering, this research assess the relationship between financial access, demographic changes, and socioeconomic factors. Our findings reveal persistent inequalities, with GDP, pensioner-to-elderly ratio, and physician-to-adult population ratio emerging as key predictors of financial inclusion at the panel level. NUTS3-specific analyses underscore the influence of urbanization and aging populations, with Bucharest consistently exhibiting the highest inclusion levels. Linear regression out-performs Holt's exponential smoothing in forecasting financial inclusion trends, capturing linear growth patterns. These insights highlight the need for targeted policy interventions to bridge regional financial inclusion gaps and foster equitable economic participation. By providing the first subnational application of SDT1 alongside the first application of IFIMd longitudinally, this research advances understanding of financial inclusion dynamics in post-socialist contexts and informs strategies for addressing regional disparities.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50402 - Demography
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace
Others
Publication year
2025
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Revista Română de Statistică
ISSN
1018-046X
e-ISSN
1844-7694
Volume of the periodical
2025
Issue of the periodical within the volume
1
Country of publishing house
RO - ROMANIA
Number of pages
56
Pages from-to
25-80
UT code for WoS article
001495208700002
EID of the result in the Scopus database
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