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Digital finance as a catalyst for energy transition and sustainable rural economic growth

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  • Gong, Qinyi
  • Zhang, Rui

Abstract

This paper uses provincial level data from 2011 to 2020 in China to analyse the role and mechanism of digital finance in the sustainable growth of China's rural economy. We find that digital finance promotes sustainable rural economic growth by accelerating China's rural energy transition. When the level of rural energy transition exceeds the threshold, the promoting effect is stronger. As the level of regional digital finance development increases, its promoting effect on energy transition and sustainable economic growth also becomes stronger. Compared to the breadth of coverage and depth of use, the degree of digitization has the greatest impact.

Suggested Citation

  • Gong, Qinyi & Zhang, Rui, 2025. "Digital finance as a catalyst for energy transition and sustainable rural economic growth," Finance Research Letters, Elsevier, vol. 71(C).
    • Handle: RePEc:eee:finlet:v:71:y:2025:i:c:s154461232401434x
    DOI: 10.1016/j.frl.2024.106405
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    References listed on IDEAS

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    Cited by:

    1. Xiaqun Liu & Yaming Zhuang & Xiaoyue Qiu, 2025. "Financial Support Efficiency of Rural Revitalization: Based on Three-Stage DEA Model and Malmquist Index Model," Sustainability, MDPI, vol. 17(3), pages 1-15, January.

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