A second-order factor gender-measurement invariance analysis of financial exclusion in ilorin, Nigeria

Adewale, Abideen Adeyemi (2013) A second-order factor gender-measurement invariance analysis of financial exclusion in ilorin, Nigeria. International Journal of Trade, Economics and Finance, 4 (6). pp. 398-402. ISSN 2010-023X

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Abstract

This study examines a measurement invariance of a second-order factor models of financial exclusion among micro-entrepreneurs in Ilorin, Kwara State, Nigeria. Data elicited via a survey questionnaire was analysed using both the Statistical Package for Social Sciences (SPSS) 20.0 and Amos 20.0 software. The study revealed that financial exclusion as a second order factor is indicated by debt phobia, religion, financial complacency, and affordability and eligibility first order factors. Measurement invariance was tested based on gender via a set of hierarchically structured levels: a) configural invariance, b) metric invariance of both the firstorder and second-order models, c) intercepts of both the firstorder and second-order models, and d) residuals of both the first-order and second-order models. The groups were found to be invariant across the models. Moreover, based on t-test at alpha of 0.001, the latent mean difference tests of the second order model indicates no statistically significant difference on a path by path basis along gender divides. This provides a further questioning on the focus on women of financial inclusion programmes

Item Type:	Article (Journal)
Additional Information:	6700/46488
Uncontrolled Keywords:	—Financial exclusion, measurement invariance, micro-entrepreneurs, second-order factor.
Subjects:	H Social Sciences > HA Statistics H Social Sciences > HG Finance H Social Sciences > HG Finance > HG3691 Credit
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr. Abideen Adeyemi Adewale
Date Deposited:	24 Feb 2016 14:35
Last Modified:	20 Jul 2016 09:12
URI:	http://irep.iium.edu.my/id/eprint/46488

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