Can digital inclusive finance promote high-quality rural entrepreneurship? A county-level analysis from China

Weizhen Yu, Lu Wang, Xiufen Liu, Wenwu Xie and Minhui Zhang

Finance Research Letters, 2024, vol. 67, issue PA

Abstract: This study investigates the impact of Digital Inclusive Finance (DIF) on high-quality rural entrepreneurship in China using county-level panel data from 2014 to 2019 across 1,649 counties. The results identify an inverted U-shaped relationship between DIF and high-quality rural entrepreneurship. The usage depth and digitization level of DIF show a similar nonlinear effect, while coverage breadth does not significantly affect entrepreneurship quality. Moreover, a conducive business environment and high digital literacy amplify the positive impacts of DIF, making the relationship steeper and more pronounced. This study offers valuable insights for policymakers and stakeholders in emerging economies.

Keywords: digital inclusive finance; high-quality rural entrepreneurship; business environment; digital literacy (search for similar items in EconPapers)
JEL-codes: D10 E44 P34 Q12 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:67:y:2024:i:pa:s154461232400850x

DOI: 10.1016/j.frl.2024.105820

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