HOW NEW FINANCIAL TECHNOLOGIES RESOLVE ECONOMIC STAGNATION: THE FINANCIAL PERSPECTIVE

IF 1 Q3 ECONOMICS
Jhih-Hong Zeng, Ming-Fu Hsu
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引用次数: 0

Abstract

This research explores how new financial technologies are able to resolve economic stagnation by considering two dimensions of financial technology’s spread: the spread to poor people and that to rural area people. Based on a sample of 109 countries, our findings indicate that the spread of new financial technologies to poor people not only benefits economic growth directly, but also generates an indirect positive influence on economic growth via the channel of financial institutions’ development. By comparison, the effect of spreading financial technologies to rural area people on stimulating economic growth is insignificant. Lastly, we offer some policy implications associated with the results.
新的金融技术如何解决经济停滞:金融视角
本研究通过考虑金融技术传播的两个维度:向贫困人口的传播和向农村地区人口的传播,探讨了新的金融技术如何能够解决经济停滞。基于109个国家的样本,我们的研究结果表明,新金融技术向贫困人口的传播不仅直接有利于经济增长,而且通过金融机构的发展渠道对经济增长产生间接的积极影响。相比之下,向农村人口传播金融技术对刺激经济增长的作用不显著。最后,我们提供了一些与结果相关的政策含义。
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来源期刊
CiteScore
1.60
自引率
14.30%
发文量
4
期刊介绍: The GEJ seeks to publish original and innovative research, as well as novel analysis, relating to the global economy. While its main emphasis is economic, the GEJ is a multi-disciplinary journal. The GEJ''s contents mirror the diverse interests and approaches of scholars involved with the international dimensions of business, economics, finance, history, law, marketing, management, political science, and related areas. The GEJ also welcomes scholarly contributions from officials with government agencies, international agencies, and non-governmental organizations. One over-arching theme that unites IT&FA members and gives focus to this journal is the complex globalization process, involving flows of goods and services, money, people, and information.
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