IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v62y2024ipbs1544612324003088.html
   My bibliography  Save this article

Does digital finance contribute to regional economic growth? Evidence from RCEP countries

Author

Listed:
  • Zhang, Xinyi
  • Wang, Tianqi
  • Chen, Yufan

Abstract

This study examines the developmental characteristics of the digital finance cooperation of China and the Regional Comprehensive Economic Partnership (RCEP) in the global economic transition to the digital era. Using a fixed-effects model of panel data from RCEP countries from 2011 to 2021, the study explores the mechanisms between digital finance development and regional economic growth. Furthermore, it conducts a spatial analysis to obtain geographic variables, using their interaction term with internet penetration as instrumental variables. The results show that digital finance development can effectively promote regional economic growth, and an endogeneity test confirms its robustness.

Suggested Citation

  • Zhang, Xinyi & Wang, Tianqi & Chen, Yufan, 2024. "Does digital finance contribute to regional economic growth? Evidence from RCEP countries," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324003088
    DOI: 10.1016/j.frl.2024.105278
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612324003088
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2024.105278?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Digital finance; Regional economic growth; Rcep; Spatial analysis;
    All these keywords.

    JEL classification:

    • O39 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Other
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324003088. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.