Digital inclusive finance and rural revitalization

Jing Wang

Finance Research Letters, 2023, vol. 57, issue C

Abstract: In the era of the emerging digital economy, how digital inclusive finance contributes to rural revitalization is a hot topic. Based on panel data of 31 Chinese provinces from 2011 to 2020, this paper investigates the relationship between digital inclusive finance and rural revitalization using a panel model and an instrumental variable model and analyzes the moderating effect of the level of traditional financial development on this relationship, the results show that: digital inclusive finance has a positive effect on rural revitalization; there is a complementary effect between the level of traditional financial development and digital inclusive finance.

Keywords: Rural revitalization; Digital inclusive finance; Traditional finance; Moderating effect; Heterogeneity (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:57:y:2023:i:c:s1544612323005299

DOI: 10.1016/j.frl.2023.104157

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