IDEAS home Printed from https://ideas.repec.org/a/spr/soinre/v170y2023i3d10.1007_s11205-023-03245-z.html
   My bibliography  Save this article

Digital Financial Inclusion, Income Inequality, and Vulnerability to Relative Poverty

Author

Listed:
  • Lijin Liu

    (Renmin University of China)

  • Lu Guo

    (Jiangxi University of Finance and Economics)

Abstract

Governing relative poverty is an indispensable part of achieving inclusive growth. Using data from the China Household Financial Survey, we scientifically investigate the impact of China's development of digital financial inclusion on household vulnerability to relative poverty. The research results show that the development of digital financial inclusion can significantly alleviate the vulnerability to relative poverty of households, and effectively prevent families from falling into a state of relative poverty in the future. The results of the heterogeneity analysis show that the effect of digital financial inclusion in mitigating vulnerability to relative poverty is greater in households with high population dependency ratios, digital tools, and household head education levels. In parallel, there are also significant regional differences in digital finance in mitigating the relative vulnerability of households. Further mechanism research found that the development of digital finance inclusion mainly reduces the probability of families falling into relative poverty in the future by alleviating income inequality, thereby improving the health status of family members, family development-oriented consumption, and family happiness.

Suggested Citation

  • Lijin Liu & Lu Guo, 2023. "Digital Financial Inclusion, Income Inequality, and Vulnerability to Relative Poverty," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 170(3), pages 1155-1181, December.
    • Handle: RePEc:spr:soinre:v:170:y:2023:i:3:d:10.1007_s11205-023-03245-z
    DOI: 10.1007/s11205-023-03245-z
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11205-023-03245-z
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11205-023-03245-z?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:soinre:v:170:y:2023:i:3:d:10.1007_s11205-023-03245-z. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.