IDEAS home Printed from https://ideas.repec.org/a/taf/titdxx/v29y2023i1p151-169.html
   My bibliography  Save this article

Digital finance and happiness: evidence from China

Author

Listed:
  • Kexin Meng
  • Jing Jian Xiao

Abstract

Digital finance is an innovative business that applies information technology in the financial industry. Although empirical research on digital finance for development has grown enormously during the last decade, studies about the relationship between digital finance and human development remain limited. To fill this gap, this study uses data from the China Household Financial Survey and Peking University Digital Financial Inclusion Index to examine the association between digital finance and happiness. Results show that the association between digital finance and happiness is negative. Mechanism analyzes suggest that digital finance is negatively associated with happiness through the increasing debt burden and overspending behavior. Further heterogeneous analyzes find that age, debt level, and trust degree can be moderators in the relationship between digital finance and happiness. The results have both academic and practical implications for improving digital finance business and human development.

Suggested Citation

  • Kexin Meng & Jing Jian Xiao, 2023. "Digital finance and happiness: evidence from China," Information Technology for Development, Taylor & Francis Journals, vol. 29(1), pages 151-169, January.
    • Handle: RePEc:taf:titdxx:v:29:y:2023:i:1:p:151-169
    DOI: 10.1080/02681102.2022.2097622
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/02681102.2022.2097622
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/02681102.2022.2097622?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. Gina Ioan & Ionel Sergiu Pirju & Manuela Carmen Panaitescu & Tincuța Vrabie, 2024. "Assessing Economic Development and Quality of Life: A Management Perspective on Romania and the Republic of Moldova," Sustainability, MDPI, vol. 16(11), pages 1-17, May.

    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:taf:titdxx:v:29:y:2023:i:1:p:151-169. 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/titd20 .

    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.