Does Digital Inclusive Finance Promote Coastal Rural Entrepreneurship?

Abstract

Xie, W.; Wang, T., and Zhao, X., 2020. Does digital inclusive finance promote coastal rural entrepreneurship? In: Yang, Y.; Mi, C.; Zhao, L., and Lam, S. (eds.), Global Topics and New Trends in Coastal Research: Port, Coastal and Ocean Engineering. Journal of Coastal Research, Special Issue No. 103, pp. 240–245. Coconut Creek (Florida), ISSN 0749-0208.Digital inclusive finance has become a very useful financing channel other than formal finance and informal finance by alleviating financial exclusion, reducing service costs and improving financing efficiency, realizing the complementary effect of financing and promoting rural residents' entrepreneurship. Based on the database of digital inclusive financial development and the database of China Family Panel Studies (CFPS), this paper studies the relationship between the development of digital inclusive finance and coastal rural residents' entrepreneurship. The empirical results show that the development of the depth of digital Inclusive finance has a significant role in promoting rural entrepreneurship. The payment index and the monetary fund index also have a significant positive impact on rural residents' entrepreneurship. It is also found that the impact of digital inclusive finance on rural residents' entrepreneurship is characterized by regional heterogeneity. The development of digital inclusive finance significantly promote the entrepreneurship of rural residents in the central inland region, but not significant in the eastern coastal region and the western inland region.