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Digital transformation, financial literacy and rural household entrepreneurship

Author

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  • Li, Jingwen
  • Wang, Haoliang
  • Soh, WeiNi

Abstract

This paper empirically investigates the impact of digital transformation on the performance of rural household entrepreneurship. We find that digital transformation promotes rural household entrepreneurship performance. Financial literacy plays a role as a moderating variable between the two. Heterogeneity analysis shows that the facilitating effect of digital transformation on rural household entrepreneurship performance is more significant in the central and western regions. This paper enriches the research on digital transformation from a micro perspective, complements the relevant research on rural households, and explores the mechanism of digital transformation's impact on rural household entrepreneurship performance.

Suggested Citation

  • Li, Jingwen & Wang, Haoliang & Soh, WeiNi, 2024. "Digital transformation, financial literacy and rural household entrepreneurship," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324002010
    DOI: 10.1016/j.frl.2024.105171
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    References listed on IDEAS

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    1. Hermansson, Cecilia & Jonsson, Sara & Liu, Lu, 2022. "The medium is the message: Learning channels, financial literacy, and stock market participation," International Review of Financial Analysis, Elsevier, vol. 79(C).
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    3. Alberto Burchi & Bogdan Włodarczyk & Marek Szturo & Duccio Martelli, 2021. "The Effects of Financial Literacy on Sustainable Entrepreneurship," Sustainability, MDPI, vol. 13(9), pages 1-21, April.
    4. Wang, Shuo & Li, Chengyou & Wang, Zeru & Sun, Guanglin, 2023. "Digital skills and household financial asset allocation," Finance Research Letters, Elsevier, vol. 58(PC).
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    6. Wang, Jianqiu & Yin, Zhichao & Jiang, Jialing, 2023. "The effect of the digital divide on household consumption in China," International Review of Financial Analysis, Elsevier, vol. 87(C).
    7. Galariotis, Emilios & Monne, Jerome, 2023. "Basic debt literacy and debt behavior," International Review of Financial Analysis, Elsevier, vol. 88(C).
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    Cited by:

    1. Yang, Xiuyun & Li, Min & Liang, Shanshan, 2024. "How consumers’ digital engagement affects regional innovation capacity in China?," Economic Modelling, Elsevier, vol. 139(C).

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