Research Article
An Empirical Analysis of the Impact of Digital Inclusive Finance on the Income Gap between Urban and Rural Areas
@INPROCEEDINGS{10.4108/eai.2-12-2022.2328770, author={Ying Sun}, title={An Empirical Analysis of the Impact of Digital Inclusive Finance on the Income Gap between Urban and Rural Areas}, proceedings={Proceedings of the 3rd International Conference on Big Data Economy and Information Management, BDEIM 2022, December 2-3, 2022, Zhengzhou, China}, publisher={EAI}, proceedings_a={BDEIM}, year={2023}, month={6}, keywords={digital inclusive finance; urban-rural income gap; balance panel data}, doi={10.4108/eai.2-12-2022.2328770} }- Ying Sun
Year: 2023
An Empirical Analysis of the Impact of Digital Inclusive Finance on the Income Gap between Urban and Rural Areas
BDEIM
EAI
DOI: 10.4108/eai.2-12-2022.2328770
Abstract
Based on the perspective of Internet financial services, this paper uses the data of 31 provinces in China from 2011 to 2020 to build a balanced panel data model to empirically analyze the impact of digital inclusive finance on the urban-rural income gap. The research shows that the development of digital inclusive finance can significantly reduce the income gap between urban and rural residents; Among the control variables, industrial structure, economic development level, openness, fiscal expenditure and other factors also have a significant impact on the urban-rural income gap. Therefore, China should establish the development strategy and overall idea of digital inclusive finance, reshape the development path, create a digital inclusive financial ecosystem of multi-party cooperation and mutual support, and actively play the role of other factors and digital inclusive finance to promote the development of digital inclusive finance and narrow the urban-rural income gap.