Journal of Northeastern University(Social Science) ›› 2022, Vol. 24 ›› Issue (3): 22-31.DOI: 10.15936/j.cnki.1008-3758.2022.03.004

• Economics and Management • Previous Articles     Next Articles

Digital Financial Inclusion and Sustainable Poverty Reduction: Evidence from Countries Along the “Belt and Road”

HE Guosheng1, GENG Zhechen2, PU Hongxia3   

  1. (1. Graduate School, Liaoning University, Shenyang 110036, China; 2. School of Economics, Liaoning University, Shenyang 110036, China; 3. School of Economics and Management, Shenyang Agricultural University, Shenyang 110866, China)
  • Revised:2020-11-23 Accepted:2020-11-23 Published:2022-06-03
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Abstract: Based on the panel data from 34 countries along the “Belt and Road” from 2010 to 2018, this study adopts the instrumental variable method to explore the impacts of digital financial inclusion on sustainable poverty reduction among the B&R countries. Taken into full consideration of endogeneity and robust conclusion, the result shows that digital finance inclusion promotes the sustainable poverty reduction significantly and the promoting effect is heterogeneous. In the further analysis, there has been a threshold effect of digital financial inclusion on sustainable poverty reduction between low-middle income economies and high income economies along the “Belt and Road”. Based on this, we put forward some policy suggestions such as strengthening the construction of digital financial networks, launching differentiated layouts and establishing platforms for communication and cooperation.

Key words: Belt and Road; digital financial inclusion; sustainable poverty reduction

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