A Study on the Impact of Digital Inclusive Finance on Household Financial Asset Allocation in the Yellow River Basin
In recent years,the rapid development of digital inclusive finance has broken the limitations of physical services provided by financial institutions and focused on delivering high-quality financial products and services to households.This study examines the influence of digital inclusive finance on household finan-cial asset allocation in the Yellow River Basin,using panel data from the"China Household Finance Survey"for the period of 2015-2019.Furthermore,the study investigates the mechanism and heterogeneity factors associated with digital inclusive finance.The results demonstrate a significant improvement in household fi-nancial asset allocation due to digital inclusive finance in the Yellow River Basin.Additionally,digital inclu-sive finance enhances household internet usage intention,financial literacy,and wealth accumulation,thereby improving financial asset allocation in the region.Moreover,digital inclusive finance has a positive impact on financial asset allocation for households in both the upper and middle reaches of the Yellow River.Notably,digital inclusive finance has a more pronounced positive effect on financial asset allocation for rural house-holds compared to urban households in the Yellow River Basin.
digital inclusive financeYellow River Basinhousehold financial asset allocation
NETL
NSTL
万方数据
维普
