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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

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  • Wei, Xiaobei
  • Yang, Zongpu
  • Yan, Yongjun
  • Sun, Jia

Abstract

This study examined the impact of China's Comprehensive Demonstration of E-commerce Entering Rural Areas Policy (hereafter “the Policy”) on urban–rural shared prosperity. The empirical analyses indicate that the Policy has significantly elevated urban–rural common prosperity while exhibiting regional disparities. China's eastern region has shown the most substantial positive impact, followed by the central region and the western region. The findings illustrate the pivotal role of digital finance as a mediating factor in enhancing common prosperity through e-commerce initiatives in rural areas. These findings offer empirical evidence for formulating and refining urban–rural development policies in China.

Suggested Citation

  • 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).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324012662
    DOI: 10.1016/j.frl.2024.106237
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    More about this item

    Keywords

    China rural e-commerce; Digital finance; Urban–rural common prosperity;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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