The impact of digital inclusive finance on sustainable economic growth in China
Yang Sun and
Xinwei Tang
Finance Research Letters, 2022, vol. 50, issue C
Abstract:
In this paper, we empirically analyze the impact of digital inclusive finance on sustainable economic growth in China. We find that digital inclusive finance contributes to sustainable economic growth. Further research shows that digital inclusive finance contributes to sustainable economic growth by increasing loans from financial institutions, residents’ savings quantity, and residents’ consumption quantity. At the same time, we find that the breadth of digital inclusive finance coverage is most effective in promoting sustainable economic growth at this stage.
Keywords: Digital inclusive finance; Sustainable economic; Green innovation; Green consumption; Resource (search for similar items in EconPapers)
JEL-codes: E21 E44 G21 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (43)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:50:y:2022:i:c:s1544612322004342
DOI: 10.1016/j.frl.2022.103234
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