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The dual effects of digital inclusive finance on the urban-rural income gap: An empirical investigation in China's Yangtze River Delta region

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  • Wang, Sheng
  • Wu, Chao
  • Fu, Boyu

Abstract

The digital development of finance has positive implications for improving income inequality. As one of the mainstream research findings, the view that digital inclusive finance could alleviate the urban-rural income gap has been reaffirmed. Further empirical evidence reveals that digital inclusive finance bridges the urban-rural income gap by enhancing deposit behavior and promoting innovation activities. Compared with large population scale cities, the development of digital inclusive finance in small ones has a more significant reduction effect on the urban-rural income gap.

Suggested Citation

  • Wang, Sheng & Wu, Chao & Fu, Boyu, 2024. "The dual effects of digital inclusive finance on the urban-rural income gap: An empirical investigation in China's Yangtze River Delta region," Finance Research Letters, Elsevier, vol. 69(PA).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324010791
    DOI: 10.1016/j.frl.2024.106049
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    References listed on IDEAS

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