Digital inclusive finance, factor flow and industrial structure upgrading: Evidence from the yellow river basin

Yong Jiao, Gaofei Wang, Chengyou Li and Jia Pan

Finance Research Letters, 2024, vol. 62, issue PA

Abstract: This paper empirically investigates the impact and pathways of digital inclusive finance on the upgrading of industrial structure, drawing upon data collected from 114 cities in the Yellow River Basin of China spanning the period from 2011 to 2020. The study unveils that the advancement of digital inclusive finance in the Yellow River Basin notably accelerates the upgrading of industrial structure, with discernible regional heterogeneity. Furthermore, factor flow emerges as a positive influencer in modulating the effect of digital inclusive finance on the enhancement of industrial structure upgrading.

Keywords: Digital inclusive finance; Factor flow; Industrial structure upgrading; Yellow River Basin (search for similar items in EconPapers)
JEL-codes: C26 L16 R11 (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:62:y:2024:i:pa:s1544612324001715

DOI: 10.1016/j.frl.2024.105141

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