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Digital Finance, Entrepreneurial Vitality and Vulnerability to Poverty

Jianbao Liu


In the context of promoting common prosperity in China, it is particularly important to prevent large-scale poverty returns and consolidate the achievements of poverty alleviation. Based on the CHFS micro survey data, this paper constructs the household poverty vulnerability index and empirically tests the moderating effect of entrepreneurial vitality on the inhibition of household poverty vulnerability by digital finance. The results show that: digital finance can significantly inhibit household vulnerability to poverty, and the effect of coverage breadth is more prominent. Second, entrepreneurial vitality can strengthen the inhibitory effect of digital finance on household poverty vulnerability, and the strengthening effect on coverage breadth is more obvious. Third, there is significant heterogeneity in the moderating effect of entrepreneurial vitality on digital finance inhibiting household vulnerability to poverty, and the moderating effect is more significant in the eastern and central regions with better digital infrastructure. This study provides empirical evidence for evaluating the poverty reduction effect of digital finance and entrepreneurial vitality and also provides policy references for promoting the construction of common prosperity.


Digital Finance; Poverty Vulnerability; Entrepreneurial Vitality

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DOI: http://dx.doi.org/10.18686/fm.v8i5.10353