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Do multicultural barriers hinder fintech development? A pre-registered report

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  • Zhang, Haiyang
  • Wang, Lina
  • Song, Wenda

Abstract

This pre-registered report aims to explore the impact of cultural diversity on fintech development through the perspective of dialectal diversity. Specifically, we want to investigate three key questions: (1) Does cultural diversity influence fintech development? (2) If it does, what are the underlying mechanisms? (3) Moreover, does the impact of cultural diversity on fintech development vary across regions or households with heterogeneous characteristics? To explore these questions, we plan to utilize regional dialect data and analytical methods such as instrumental variables and fixed effects to examine fintech adoption at the household level. This report contributes to understanding the informal institutional factors underpinning the development of fintech, and provides new theoretical and practical perspectives for building a more comprehensive and inclusive fintech system.

Suggested Citation

  • Zhang, Haiyang & Wang, Lina & Song, Wenda, 2025. "Do multicultural barriers hinder fintech development? A pre-registered report," Pacific-Basin Finance Journal, Elsevier, vol. 94(C).
    • Handle: RePEc:eee:pacfin:v:94:y:2025:i:c:s0927538x25002902
    DOI: 10.1016/j.pacfin.2025.102953
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Z10 - Other Special Topics - - Cultural Economics - - - General

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