The influence of digital finance on family wealth and income inequity in China
Abstract
imbalances despite overall growth. Through correlation analysis and multiple linear regression model, introducing the Peking University Dig_x005fital Financial Inclusion Index (2013-2020) and correlating it with disposable income, digital finance’s positive impact on income is evident.
Survey data indicates digital finance enhances payment, basic financial services, and counters institutional deficiencies. Utilizing the index
and gray prediction model forecasts robust digital finance growth over the next decade.
Keywords
Full Text:
PDFReferences
[1] Cui, Y. M. (2006). Uneven Economic Growth in China and its Implications for Economic Development Policymaking. Foreign
Theoretical Trends, (08), 22-26. doi: CNKI:SUN:GWLD.0.2006-08-005.
[2] Dong, W. K. (2022). Will Digital Finance Help Reduce Household Saving Rates? West Forum, 32(06), 37-52. doi:10. 3969 / j. issn. 1674- 8131.
[3] Dong, Y. F. & Zhao, X. M. (2018). Responsible Digital Inclusion: Origins, Meanings and Construction. South China Finance, (01),
50-56. Available at: http://www.nfjr.gd.cn/CN/Y2018/V1/I1/50.
[4] Fang, G. F., & Xu, J. Y. (2020). Does Digital Inclusive Finance Promote Employment?—Evidence from Follow-up Investigation
on Chinese Families. Financial Economics Research, 35(02), 75-86.
[5] Ferrata, L. (2019). Digital financial inclusion - an engine for “leaving no one behind”. Public Sector Economics, 43(4), 445-458.
doi: 10.3326/pse.43.4.6.
[6] Global Partnership for Financial Inclusion (2016). Global Standard-Setting Bodies and Financial Inclusion: The Evolving Land_x005fscape. Available at: https://www.gpfi.org/publications/global-standard-setting-bodies-and-financial-inclusio-evolving-landscape.
[7] Gomber, P., Koch, J. A., & Siering, M. (2017). Digital Finance and FinTech: current research and future research directions. Journal of Business Economics, 87, 537-580. doi: 10.1007/s11573-017-0852-x.
[8] Hendriks, S. (2019). The role of financial inclusion in driving women’s economic empowerment. Development in Practice, 29 (8),
1029-1038. doi: 10.1080/09614524.2019.1660308.
DOI: http://dx.doi.org/10.18686/fm.v9i1.12050
Refbacks
- There are currently no refbacks.
