Spatial spillover and impact factors of the internet finance development in China
Jie Huang,
Wenshuang Zhang and
Weihua Ruan
Physica A: Statistical Mechanics and its Applications, 2019, vol. 527, issue C
Abstract:
Using the social network analysis and quadratic assignment procedure method, this paper analyzes the network characteristic and impact factors of internet finance development in China. Some interesting findings emerge that: (i) the network characteristic exists in China’s regional internet finance development; (ii) some provinces, such as Shanghai, Jiangsu, Beijing, are at the core position of the network and play the leading role of China’s internet finance development; (iii) the spillover is mainly caused by the provinces located in the coastal area in China, and the relationships out of the blocks are far more than it intra block; (iv) the difference in economic development, industrial structure, traditional finance development level, and geography distance have a significant negative effect on the spillover of IF development. Our results may have some implications for policymakers.
Keywords: Internet finance; Nonlinear Granger causality test; Spatial spillover; Social network analysis (SNA); Quadratic assignment procedure (QAP) analysis (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (5)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0378437119308106
Full text for ScienceDirect subscribers only. Journal offers the option of making the article available online on Science direct for a fee of $3,000
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:phsmap:v:527:y:2019:i:c:s0378437119308106
DOI: 10.1016/j.physa.2019.121390
Access Statistics for this article
Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis
More articles in Physica A: Statistical Mechanics and its Applications from Elsevier
Bibliographic data for series maintained by Catherine Liu ().