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International Journal of Academic Research in Accounting, Finance and Management Sciences

Open Access Journal

ISSN: 2225-8329

The Impact of Digital Inclusive Financial Index from Different Perspectives on the Income Gap Between Urban and Rural Residents

wu wanrong, Haslindar Ibrahim

http://dx.doi.org/10.6007/IJARAFMS/v13-i4/19166

Open access

This study uses the Digital Inclusive Finance Index whether it can reduce the urban-rural income gap. The digital inclusive finance index is divided into three dimensions, and in this study, all three dimensions are utilized at the same time to investigate which dimension specifically has a greater effect on the reduction of the urban-rural income gap. The data are analyzed using ordinary panel regression analysis. This study explores the association between digital inclusive finance and the urban-rural income gap, analyzing 20 cities in Guangdong Province, China, over the ten-year period from -2011 to 2020. The increases in all three sub-indices of digital inclusive finance contribute to the narrowing of the overall urban-rural income gap in Guangdong Province. The coverage index has the greatest contribution, suggesting that rural residents have access to a wider range of financial services through increased coverage of financial accounts.

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(Wanrong & Ibrahim, 2023)
Wanrong, W., & Ibrahim, H. (2023). The Impact of Digital Inclusive Financial Index from Different Perspectives on the Income Gap Between Urban and Rural Residents. International Journal of Academic Research in Accounting, Finance and Management Sciences, 13(4), 193–209.