Financial technology, regional financial agglomeration, and urban economic resilience

Bei He, Mingyue Tang and Chenming Zhang

Finance Research Letters, 2024, vol. 68, issue C

Abstract: Selecting the data of prefecture-level cities from 2012 to 2022, this study investigates the impact of financial technology on urban economic resilience, and explores the possible moderating effect of the degree of regional financial agglomeration. The conclusions show that financial technology promotes the establishment and improvement of urban economic resilience; the higher the degree of regional financial agglomeration, the more financial technology promotes urban economic resilience. Based on the conclusions, it is suggested to make use of the spillover effect of financial information agglomeration, and accelerate the formation of regional financial agglomeration.

Keywords: Financial technology; Regional financial agglomeration; Urban economic resilience (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:68:y:2024:i:c:s1544612324010201

DOI: 10.1016/j.frl.2024.105990

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