This paper examines the effect of the globalization threshold on financial inclusion in 40 selected countries during 2000-2018. A principal component analysis (PCA) and a static panel threshold (SPT) are utilized. There are three dimensions and one aggregation of financial inclusion indicators assessed by PCA, while the globalization threshold is estimated under static panel threshold regression. Findings/Originality: The findings exhibit six countries with strong financial inclusion and eight countries with weak financial inclusion during study periods. Furthermore, the threshold effect of globalization has a significant impact on the financial inclusion index. The robustness checking employs panel cointegration test exhibits that inequality and some institutions indicators have a significant impact on financial inclusion both in the short-run and long-run. The policy implication suggests that governments should increase the financial inclusion index level during the globalization period, decrease inequality, and improve institutions' quality.

中文翻译：

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全球化与金融包容性之间的联系：不平等和制度重要吗？

本文研究了 2000 年至 2018 年间全球化门槛对 40 个选定国家的金融包容性的影响。使用主成分分析 (PCA) 和静态面板阈值 (SPT)。PCA评估的普惠金融指标有三个维度和一个集合，而全球化阈值则是在静态面板阈值回归下估计的。调查结果/原创性：调查结果显示，在研究期间，六个国家的金融包容性很强，八个国家的金融包容性较弱。此外，全球化的门槛效应对普惠金融指数有显着影响。稳健性检验采用面板协整检验表明，不平等和一些机构指标在短期和长期对金融包容性都有显着影响。政策含义表明，在全球化时期，各国政府应提高普惠金融指数水平，减少不平等，提高机构质量。