Digital Financial Inclusion, Household Financial Participation and Well-Being: Micro-Evidence from China
Du, Qunyang; Zhou, Fangxing; Yang, Tianle; Du, Min
Dr Anna Du A.Du@napier.ac.uk
Though financial inclusion has drawn a lot of attention lately, especially in emerging markets, it remains unclear how it affects household well-being. This study investigates the connection between digital financial inclusion (DFI) and household well-being using two databases in China. The findings suggest that DFI is positively associated with household well-being. Mechanism analysis reveals that a rise in DFI facilitates household financial participation, thereby increasing the probability of household well-being. Our further empirical analysis demonstrates that groups with lower education and income levels are more significantly affected by DFI regarding household well-being. Overall, the research provides empirical evidence for the assertion that expanding financial inclusion in the digital economy era can promote social fairness and provide a basis for a vigorous expansion of financial inclusion in emerging economies.
Du, Q., Zhou, F., Yang, T., & Du, M. (in press). Digital Financial Inclusion, Household Financial Participation and Well-Being: Micro-Evidence from China. Emerging Markets Finance and Trade, https://doi.org/10.1080/1540496x.2022.2153592
|Journal Article Type||Article|
|Acceptance Date||Nov 22, 2022|
|Online Publication Date||Dec 19, 2022|
|Deposit Date||Dec 20, 2022|
|Publicly Available Date||Jun 20, 2024|
|Journal||Emerging Markets Finance and Trade|
|Peer Reviewed||Peer Reviewed|
|Keywords||Digital financial inclusion, household well-being, household financial participation|
This file is under embargo until Jun 20, 2024 due to copyright reasons.
Contact firstname.lastname@example.org to request a copy for personal use.
You might also like
Political uncertainty and cross-border equity allocation decisions: international evidence
SMEs respond to climate change: Evidence from developing countries
The Impact of Inclusive Finance on Carbon Dioxide Emissions: Evidence from China's Provincial Regions
Presentation / Conference