Original scientific paper
https://doi.org/10.1080/1331677X.2022.2156575
Digital financial inclusion and the urban–rural income gap in China: empirical research based on the Theil index
Hongcheng Shen
Ting Luo
Zhixiong Gao
Xia Zhang
Weikun Zhang
Yen- Ching Chuang
Abstract
This study examined the effect of digital financial inclusion in
reducing the urban–rural income inequality in China. Based on citylevel
panel data, the results showed that digital financial inclusion
narrowed the urban–rural income gap significantly by boosting
economic growth. The results were robust when the core explained
variables were replaced. Heterogeneity analysis showed that digital
financial inclusion indicates regional differences in narrowing the
urban–rural income gap. This study puts forward corresponding
countermeasures for the development of digital financial inclusion
and adds to the research on this very topical subject
Keywords
Digital financial inclusion; urban–rural income gap; Theil index
Hrčak ID:
310048
URI
Publication date:
22.12.2022.
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