Internet use and household debt: insights from rural China DOI
Junpeng Li, Puneet Vatsa, Wanglin Ma

et al.

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 21

Published: Nov. 18, 2024

Internet use is accelerating in rural communities of developing countries. Although much attention has been devoted to the effects on subjective well-being, income growth, poverty reduction, digital financial inclusion, and social connections these communities, little known about how it affects their indebtedness. This paper bridges this gap by investigating association between household debt China. We a conditional mixed process model instrumental-variable-based causal mediation framework analyse 2017 China Household Finance Survey data. The results show that are positively associated: 5,370 yuan higher among users than non-users. Using increases through its consumption investment spending. Targeted initiatives help residents gainfully utilize improve well-being should be implemented. Strengthening legislation allow securely responsibly increase using will enhance communities' welfare as access becomes widespread over coming years.

Language: Английский

Digital Inclusive Finance, Rural Loan Availability, and Urban–Rural Income Gap: Evidence from China DOI Open Access
Jianwei Gao,

Yuxin Wu,

Haiwei Li

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(22), P. 9763 - 9763

Published: Nov. 8, 2024

Reducing the urban–rural income gap stands as a pivotal factor in attaining sustainable economic development. Policymakers and researchers have focused on whether digital inclusive finance can narrow gap. Utilizing provincial-level panel data from 31 regions China, this paper empirically tests impact of across different areas specifically analyzing mediation effect rural loan availability. The findings indicate that (1) expansion enhance inclusiveness financial services gap; (2) exhibits regional heterogeneity; (3) availability has gap, but its growth will weaken narrowing (4) reduction attributable to nonlinear relationship with level urbanization. This recommends guiding transformation institutions enhancing farmers’ literacy increase loans areas. Furthermore, implementing region-specific policies regulations could effectively

Language: Английский

Citations

3
Internet use and household debt: insights from rural China DOI
Junpeng Li, Puneet Vatsa, Wanglin Ma

et al.

Applied Economics, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 21

Published: Nov. 18, 2024

Internet use is accelerating in rural communities of developing countries. Although much attention has been devoted to the effects on subjective well-being, income growth, poverty reduction, digital financial inclusion, and social connections these communities, little known about how it affects their indebtedness. This paper bridges this gap by investigating association between household debt China. We a conditional mixed process model instrumental-variable-based causal mediation framework analyse 2017 China Household Finance Survey data. The results show that are positively associated: 5,370 yuan higher among users than non-users. Using increases through its consumption investment spending. Targeted initiatives help residents gainfully utilize improve well-being should be implemented. Strengthening legislation allow securely responsibly increase using will enhance communities' welfare as access becomes widespread over coming years.

Language: Английский

Citations

3