Divide or dividend: How digital finance impacts educational equality

Rui Shang

Finance Research Letters, 2023, vol. 55, issue PA

Abstract: Based on panel data from 31 provinces in mainland China from 2011 to 2021, this paper empirically investigates whether and how digital finance affects educational equity. The results show that the impact of digital finance on educational equity is dynamic, showing that it initially exacerbates educational inequality and later reduces it. The impact of digital finance on educational equity shows a marginal decreasing pattern. Digital finance promotes educational equity by alleviating the credit constraints of rural residents and narrowing the urban-rural income gap. This paper adds new empirical evidence to the long-term debate on the digital divide and educational equity.

Keywords: Digital finance; Educational equity; Digital divide; Credit constraints; Income disparity (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323002301
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:55:y:2023:i:pa:s1544612323002301

DOI: 10.1016/j.frl.2023.103858

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().