Does financial inclusion index and energy performance index co-move?

Financing strategies and energy performance have been extensively studied previously, and researchers frequently overlook the co-movements of integration of financial inclusion and energy performance index in the E7 Context. To address this gap, current research estimates the co-movement between the financial inclusion index and sustainable energy performance index to reflect the consequences of the COVID-19 crisis. Our findings show that in E7 economies, China exceeds the other nations in terms of energy performance. With a steady score, Russia is second in the group. Indonesia and Turkey are respectively fourth and fifth, and their total results show excellent prospective performances for sustainability. Mexico and Brazil follow this ranking with bad results and the lowest scores reported in the study results. The study findings are helpful for policy formulation and assessment. The study presented recommendations about financial inclusion and energy management practices in COVID-19 and delivered insights about the energy performance index in E7 economies. © 2023 Elsevier Ltd

Measuring Financial Inclusion in India: An Approach

In light of the COVID-19-induced financial crisis, the need for robust financial services and networks has become more apparent than ever, which necessitated the accurate measurement of the breadth of financial inclusion in India. First, the study conducted a detailed critical review of the current indices and their construction methodology. Then, we created a financial inclusion index for India by accounting for the flaws existing in the current indices. The primary contribution of this study to the existing literature is the new approach it proposed for the assignment of weights in the financial inclusion index. Based on this new financial inclusion index, the study concluded that India's Southern states and union territories showed better financial inclusion. In contrast, the traditionally backward BIMARU states of Bihar, Madhya Pradesh, Rajasthan, and Uttar Pradesh, and a few of the North Eastern states of India, lagged. The study also provided a refined and inclusive definition of financial inclusion based on its new approach to index creation. © 2023, Associated Management Consultants Pvt. Ltd.. All rights reserved.

Does financial inclusion index and energy performance index co-move?

Financing strategies and energy performance have been extensively studied previously, and researchers frequently overlook the co-movements of integration of financial inclusion and energy performance index in the E7 Context. To address this gap, current research estimates the co-movement between the financial inclusion index and sustainable energy performance index to reflect the consequences of the COVID-19 crisis. Our findings show that in E7 economies, China exceeds the other nations in terms of energy performance. With a steady score, Russia is second in the group. Indonesia and Turkey are respectively fourth and fifth, and their total results show excellent prospective performances for sustainability. Mexico and Brazil follow this ranking with bad results and the lowest scores reported in the study results. The study findings are helpful for policy formulation and assessment. The study presented recommendations about financial inclusion and energy management practices in COVID-19 and delivered insights about the energy performance index in E7 economies.

Measuring Financial Inclusion in India: An Approach

In light of the COVID-19-induced financial crisis, the need for robust financial services and networks has become more apparent than ever, which necessitated the accurate measurement of the breadth of financial inclusion in India. First, the study conducted a detailed critical review of the current indices and their construction methodology. Then, we created a financial inclusion index for India by accounting for the flaws existing in the current indices. The primary contribution of this study to the existing literature is the new approach it proposed for the assignment of weights in the financial inclusion index. Based on this new financial inclusion index, the study concluded that India's Southern states and union territories showed better financial inclusion. In contrast, the traditionally backward BIMARU states of Bihar, Madhya Pradesh, Rajasthan, and Uttar Pradesh, and a few of the North Eastern states of India, lagged. The study also provided a refined and inclusive definition of financial inclusion based on its new approach to index creation. © 2023, Associated Management Consultants Pvt. Ltd.. All rights reserved.