Research on the impact of digital finance on the high-quality development of education

Qi Zhang, Siyuan Zhang, Bihui Huang and Xuandie Hu

Finance Research Letters, 2024, vol. 70, issue C

Abstract: Against the backdrop of building a strong nation in education, the advantages of digital finance become increasingly prominent, providing motivation for the high-quality development of the education industry. This article utilizes provincial panel data from China covering the period from 2011 to 2022 to construct an index system for high-quality education development and conduct regression estimation. The results indicate that digital finance plays a significant promoting role in the high-quality development of education, with its influence being contingent on the regional economic level. Furthermore, capital misallocation serves as a conduit between the two factors.

Keywords: Digital finance; Quality development of education; Path of regional capital misallocation (search for similar items in EconPapers)
JEL-codes: E44 O12 O18 P36 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:70:y:2024:i:c:s1544612324012170

DOI: 10.1016/j.frl.2024.106188

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