Research on the Impact of The Development of Digital Financial Inclusion on Multidimensional Poverty
DOI:
https://doi.org/10.54097/fbem.v7i3.5275Keywords:
Digital financial inclusion, Multidimensional poverty, Nonlinear effect.Abstract
Based on the provincial panel data of China from 2011 to 2020, this paper empirically analyzes the impact of digital inclusive finance on multidimensional poverty. The research result shows that in the short term, due to the existence of the digital divide effect, the development of digital inclusive finance has deepened the degree of multidimensional poverty; In the long run, digital inclusive finance has played a significant dividend effect, and has promoted the process of multi-dimensional poverty alleviation by reducing the supply cost of financial institutions and the use cost of financial services. The paper provides a useful reference for promoting the development of digital finance, consolidating and expanding the achievements of poverty alleviation and alleviating multidimensional poverty.
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