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Impacts of Digital Inclusive Finance, Human Capital and Digital Economy on Rural Development in Developing Countries

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  • Lin, Han
  • Peng, Pin

Abstract

It's a common concern in developing countries to embed digital finance into rural development. This study employs panel data from 283 prefecture-level cities in China between 2011 and 2021 to empirically examine the impact of digital inclusive finance on rural development in developing countries. The findings reveal that digital inclusive finance significantly facilitates rural development. Furthermore, human capital and the digital economy significantly positively influence the relation between digital inclusive finance and rural development. In addition, while digital inclusive finance fosters rural development in more developed rural areas, its impact is not significant in regions with lower development levels.

Suggested Citation

  • Lin, Han & Peng, Pin, 2025. "Impacts of Digital Inclusive Finance, Human Capital and Digital Economy on Rural Development in Developing Countries," Finance Research Letters, Elsevier, vol. 73(C).
    • Handle: RePEc:eee:finlet:v:73:y:2025:i:c:s1544612324016830
    DOI: 10.1016/j.frl.2024.106654
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    References listed on IDEAS

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