Inclusive Finance, Public Education Expenditure and Multidimensional Poverty Alleviation

Chi Long () and Hongmei Zhang
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Chi Long: Guizhou University of Finance and Economics, School of big data application and economics
Hongmei Zhang: Guizhou University of Finance and Economics, School of big data application and economics

A chapter in Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022), 2023, pp 289-295 from Springer

Abstract: Abstract This paper defines Multidimensional Poverty from the dimensions of income, health care and education. Based on the panel data of 88 districts and counties in Guizhou Province from 2014 to 2020, it empirically analyzes the impact of Inclusive Finance on Multidimensional Poverty. The research finds that the development of Inclusive Finance at this stage intensifies Multidimensional Poverty in counties. Among them, the breadth of coverage significantly exacerbates poverty in all dimensions, the depth of use has a positive impact on improving the income of urban and rural residents, and the degree of digitalization has no significant impact on poverty in all dimensions. Regulatory effect analysis finds that increasing public education investment has a positive effect on reducing inclusive finance and aggravating multidimensional poverty.

Keywords: Inclusive Finance; Multidimensional Poverty; Regulatory effect (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-194-4_41

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DOI: 10.2991/978-94-6463-194-4_41

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