Spatial spillover effect and threshold effect of digital financial inclusion on farmers' income growth-based on provincial data of China
Open accessAbstract
The effect of digital financial inclusion on farmers’ income growth is worth theoretical discussion and empirical testing. Based on the sample data of 30 provinces in the Chinese mainland from 2011 to 2019, this paper adopted the spatial Durbin model and the panel threshold model to empirically study the impact of digital financial inclusion on the growth of farmers’ income; furthermore, the heterogeneity of the impact was studied in terms of the difference of provincial economic development level. The results showed that: first, digital financial inclusion can significantly promote farmers’ income growth; second, digital financial inclusion has a positive spatial spillover effect on farmers’ income growth; third, the impact of digital financial inclusion on farmers’ income growth has a double threshold effect: farmers’ income growth increases with the development of digital financial inclusion; and fourth, the impact of digital financial inclusion on farmers’ income growth is heterogeneous in terms of provincial economic development level.
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Fintech has a positive impact on increasing revenues.
“having a positive impact on increasing revenues [8]”
From Fintech Adoption Drivers for Innovation for SMEs in Indonesia (2022) · cites this paper as [8]
Section 2.1 says fintech can boost agricultural productivity and increase farmers’ income, and Section 4.2 reports a positive effect of digital financial inclusion on farmers’ income growth. The claim omits that agricultural and rural scope and describes revenues generally, which the paper does not establish. (LLM, conf=0.83)
Experimental — accuracy not yet measuredDigital financial inclusion has a positive spatial spillover effect on farmers' income growth.
“and digital financial inclusion has a positive spatial spillover effect on farmers’ income growth [88].”
From Digital financial inclusion and quality of economic growth (2023) · cites this paper as [88]
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Cited by
Sorted by citations
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Digital financial inclusion and quality of economic growth
Xi, W., & Wang, Y. (2023) · Heliyon · doi:10.1016/j.heliyon.2023.e19731 · Cited by 76 · see citing works
“Many studies have confirmed that digital financial inclusion and the quality of economic growth have significant spatial autocorrelation [74,87], and digital financial inclusion has a positive spatial spillover effect on farmers’ income growth [88].”
- Authors
- Li, Y., Wang, M., Liao, G., & Wang, J.
- Affiliations
- Guangzhou University (CN)
- Corresponding author
- Wang, Junxia
- Venue
- Sustainability
- Publisher
- MDPI AG
- Published
- 2022-02-05
- Volume
- 14
- Issue
- 3
- Pages
- 1838
- ISSN
- 2071-1050 (ISSN-L)
- OpenAlex
- W4211078195
- Cited by
- 65
- References
- 39
- Citations by year
- 2026: 5 · 2025: 13 · 2024: 18 · 2023: 20 · 2022: 9
- FWCI
- 12.07
- Type
- journal article
- Language
- en
- Open access
- gold
- doi.org
- Licence
- Locations
- Sustainability (publishedVersion, cc-by)
- RePEc: Research Papers in Economics (submittedVersion)
- DOAJ (DOAJ: Directory of Open Access Journals) (submittedVersion)
- Funders
- National Social Science Fund of China (17BTJ016, 18ATJ002)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Microfinance and Financial Inclusion
- Social Sciences › Business, Management and Accounting › Management Information Systems › FinTech, Crowdfunding, Digital Finance
- Social Sciences › Business, Management and Accounting › Strategy and Management › Digitalization and Economic Development in Agriculture
- Keywords
- digital financial inclusion, farmer income growth, spatial spillover effects, threshold effects, rural finance, China
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