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Inclusive Finance, Public Education Expenditure and Multidimensional Poverty Alleviation

In: Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022)

Author

Listed:
  • Chi Long

    (Guizhou University of Finance and Economics, School of big data application and economics)

  • Hongmei Zhang

    (Guizhou University of Finance and Economics, School of big data application and economics
    Guizhou science and technology innovation and Venture Capital Research Institute)

Abstract

This paper defines Multidimensional Poverty from the dimensions of income, health care and education. Based on the panel data of 88 districts and counties in Guizhou Province from 2014 to 2020, it empirically analyzes the impact of Inclusive Finance on Multidimensional Poverty. The research finds that the development of Inclusive Finance at this stage intensifies Multidimensional Poverty in counties. Among them, the breadth of coverage significantly exacerbates poverty in all dimensions, the depth of use has a positive impact on improving the income of urban and rural residents, and the degree of digitalization has no significant impact on poverty in all dimensions. Regulatory effect analysis finds that increasing public education investment has a positive effect on reducing inclusive finance and aggravating multidimensional poverty.

Suggested Citation

  • Chi Long & Hongmei Zhang, 2023. "Inclusive Finance, Public Education Expenditure and Multidimensional Poverty Alleviation," Advances in Economics, Business and Management Research, in: Sen Qiao & Hongbin Cao & Aiwen Liu & Xueliang Chen & Tiefei Li (ed.), Proceedings of the 10th Annual Meeting of Risk Analysis Council of China Association for Disaster Prevention (RAC 2022), pages 289-295, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-194-4_41
    DOI: 10.2991/978-94-6463-194-4_41
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