Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China

This study analyzes data from 12 prefecture-level cities in the Inner Mongolia Autonomous Region from 2011 to 2022 to investigate how digital financial inclusion(DFI) affects the increase in farmers' incomes and its spatial spillover effects. The Dagum Gini coefficient indicates that disparitie...

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Main Authors: Hua Li, Xue Wei, Wenhui Chen
Format: Article
Language:English
Published: Elsevier 2025-02-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844025005353
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author Hua Li
Xue Wei
Wenhui Chen
author_facet Hua Li
Xue Wei
Wenhui Chen
author_sort Hua Li
collection DOAJ
description This study analyzes data from 12 prefecture-level cities in the Inner Mongolia Autonomous Region from 2011 to 2022 to investigate how digital financial inclusion(DFI) affects the increase in farmers' incomes and its spatial spillover effects. The Dagum Gini coefficient indicates that disparities in DFI development are primarily due to inter-regional differences. Using the Spatial Durbin Model, based on an economic distance matrix, the study finds that DFI strongly promotes income growth for farmers. Moreover, it reveals that the spatial spillover effects of DFI have a greater impact on increasing farmers' incomes than the direct effects of inclusion itself.
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institution Kabale University
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spelling doaj-art-b9a787d414dd40779751c3aee8d62beb2025-01-28T04:14:46ZengElsevierHeliyon2405-84402025-02-01113e42155Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, ChinaHua Li0Xue Wei1Wenhui Chen2School of Economics and Management, Beijing Forestry University, No.35, Tsinghua East Road, Haidian, Beijing, 100083, PR ChinaSchool of Economics and Management, Beijing Forestry University, No.35, Tsinghua East Road, Haidian, Beijing, 100083, PR ChinaCorresponding author.; School of Economics and Management, Beijing Forestry University, No.35, Tsinghua East Road, Haidian, Beijing, 100083, PR ChinaThis study analyzes data from 12 prefecture-level cities in the Inner Mongolia Autonomous Region from 2011 to 2022 to investigate how digital financial inclusion(DFI) affects the increase in farmers' incomes and its spatial spillover effects. The Dagum Gini coefficient indicates that disparities in DFI development are primarily due to inter-regional differences. Using the Spatial Durbin Model, based on an economic distance matrix, the study finds that DFI strongly promotes income growth for farmers. Moreover, it reveals that the spatial spillover effects of DFI have a greater impact on increasing farmers' incomes than the direct effects of inclusion itself.http://www.sciencedirect.com/science/article/pii/S2405844025005353Digital financial inclusionSpillover effectsFarmers' income
spellingShingle Hua Li
Xue Wei
Wenhui Chen
Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
Heliyon
Digital financial inclusion
Spillover effects
Farmers' income
title Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
title_full Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
title_fullStr Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
title_full_unstemmed Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
title_short Digital financial inclusion's impact on farmers' income and spatial spillover effects: Evidence from inner Mongolia, China
title_sort digital financial inclusion s impact on farmers income and spatial spillover effects evidence from inner mongolia china
topic Digital financial inclusion
Spillover effects
Farmers' income
url http://www.sciencedirect.com/science/article/pii/S2405844025005353
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AT wenhuichen digitalfinancialinclusionsimpactonfarmersincomeandspatialspillovereffectsevidencefrominnermongoliachina