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Digital transformation, financial literacy and rural household entrepreneurship

Author

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  • Li, Jingwen
  • Wang, Haoliang
  • Soh, WeiNi

Abstract

This paper empirically investigates the impact of digital transformation on the performance of rural household entrepreneurship. We find that digital transformation promotes rural household entrepreneurship performance. Financial literacy plays a role as a moderating variable between the two. Heterogeneity analysis shows that the facilitating effect of digital transformation on rural household entrepreneurship performance is more significant in the central and western regions. This paper enriches the research on digital transformation from a micro perspective, complements the relevant research on rural households, and explores the mechanism of digital transformation's impact on rural household entrepreneurship performance.

Suggested Citation

  • Li, Jingwen & Wang, Haoliang & Soh, WeiNi, 2024. "Digital transformation, financial literacy and rural household entrepreneurship," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324002010
    DOI: 10.1016/j.frl.2024.105171
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    References listed on IDEAS

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    1. Hermansson, Cecilia & Jonsson, Sara & Liu, Lu, 2022. "The medium is the message: Learning channels, financial literacy, and stock market participation," International Review of Financial Analysis, Elsevier, vol. 79(C).
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    6. Wu, Jinshun & Wu, Luyao, 2023. "Impacts of digital inclusive finance on household entrepreneurship," Finance Research Letters, Elsevier, vol. 56(C).
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    Cited by:

    1. Wei, Xiaobei & Yang, Zongpu & Yan, Yongjun & Sun, Jia, 2024. "Rural E-commerce, Digital finance, and urban–rural common prosperity: A Quasi-natural Experiment Based on China's Comprehensive Demonstration of E-commerce Entering Rural Areas Policy," Finance Research Letters, Elsevier, vol. 69(PB).
    2. Yang, Xiuyun & Li, Min & Liang, Shanshan, 2024. "How consumers’ digital engagement affects regional innovation capacity in China?," Economic Modelling, Elsevier, vol. 139(C).
    3. Wei Chen & Hongti Song, 2025. "Digital village construction and national innovation systems: coordinated development dynamics," Palgrave Communications, Palgrave Macmillan, vol. 12(1), pages 1-19, December.
    4. Xie, Panlin & Fu, Ke, 2024. "Financial literacy and digital product consumption - An analysis based on CFPS data," Finance Research Letters, Elsevier, vol. 68(C).

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