FinTech adoption and farmers’ wealth distribution: Evidence from a large micro-data in China

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-02-01 DOI:10.1016/j.frl.2024.106621

Guohua Yu , Yingying Qi , Yimeng Ren

引用次数: 0

Abstract

This study reveals the theoretical mechanism of FinTech adoption in farmers’ wealth distribution, and examines the impact of FinTech adoption on farmers’ wealth distribution. Results show that: In theory, Fintech adoption significantly contributes to farmers’ wealth accumulation and mitigates wealth inequality. FinTech adoption significantly impacts wealth distribution in eastern regions and households with higher income levels. It is also beneficial for optimizing wealth distribution in households with lower education levels, holding liquid assets, and lower financial literacy. FinTech adoption can promote farmers’ wealth accumulation and alleviate wealth inequality via credit availability, information attention, and asset allocation.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance