IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v59y2023i6p1782-1796.html
   My bibliography  Save this article

Digital Financial Inclusion, Household Financial Participation and Well-Being: Micro-Evidence from China

Author

Listed:
  • Qunyang Du
  • Fangxing Zhou
  • Tianle Yang
  • Min Du

Abstract

Though financial inclusion has drawn a lot of attention lately, especially in emerging markets, it remains unclear how it affects household well-being. This study investigates the connection between digital financial inclusion (DFI) and household well-being using two databases in China. The findings suggest that DFI is positively associated with household well-being. Mechanism analysis reveals that a rise in DFI facilitates household financial participation, thereby increasing the probability of household well-being. Our further empirical analysis demonstrates that groups with lower education and income levels are more significantly affected by DFI regarding household well-being. Overall, the research provides empirical evidence for the assertion that expanding financial inclusion in the digital economy era can promote social fairness and provide a basis for a vigorous expansion of financial inclusion in emerging economies.

Suggested Citation

  • Qunyang Du & Fangxing Zhou & Tianle Yang & Min Du, 2023. "Digital Financial Inclusion, Household Financial Participation and Well-Being: Micro-Evidence from China," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 59(6), pages 1782-1796, May.
    • Handle: RePEc:mes:emfitr:v:59:y:2023:i:6:p:1782-1796
    DOI: 10.1080/1540496X.2022.2153592
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2022.2153592
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2022.2153592?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luo, Haohan & Wang, Haijun & Wu, Ying, 2024. "Digital financial inclusion and tourism development," International Review of Economics & Finance, Elsevier, vol. 90(C), pages 207-219.
    2. He, Zuojing & Ge, Fangting & Ban, Shengxi & Min Du, Anna & Sheehan, Maura, 2024. "Fintech's influence on green credit provision: Empirical evidence from China’s listed banking sector," Research in International Business and Finance, Elsevier, vol. 70(PB).
    3. Mingzhi Hu & Yuming Yang & Yinxin Su & Xiaofen Yu, 2024. "Broadband Infrastructure and Happiness of Rural Households in China," Journal of Happiness Studies, Springer, vol. 25(6), pages 1-25, August.

    More about this item

    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:mes:emfitr:v:59:y:2023:i:6:p:1782-1796. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    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.