Exploring the mechanisms and regional variations in how digital financial inclusion drives high-quality real economic development across China

Jiwen Gao, Hao Li and Didi Zhang

Finance Research Letters, 2025, vol. 73, issue C

Abstract: This study utilizes a comprehensive panel dataset spanning from 2011 to 2021, encompassing 284 prefecture-level cities across China, to delve into the intricate relationship between digital financial inclusion and the high-quality development trajectory of the real economy. Our findings underscore the pivotal role of digital financial inclusion in significantly bolstering the growth of the real economy. Furthermore, we reveal that this enhancement occurs, in part, through the stimulation and safeguarding of entrepreneurial activities, thereby contributing to the high-quality development of the regional real economy. Notably, our analysis also highlights the existence of regional disparities in the manner and extent to which digital financial inclusion influences the development of the real economy.

Keywords: Digital financial inclusion; Entrepreneurship; Real economy; High-quality development (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612324016787
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:73:y:2025:i:c:s1544612324016787

DOI: 10.1016/j.frl.2024.106649

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 ().