Building bridges of trust: Impact of regional digital financial inclusion on social capital in China
Jiajun Lan,
Yihan Liu,
Yinghao Pan
et al.
Abstract:In this study, we examine the interplay between regional digital financial inclusion and social capital with a focus on social trust. Our empirical analysis shows that regions with enhanced digital financial services experience a significant boost in social trust. Specifically, a one standard deviation increase in regional digital financial inclusion correlates with an approximate increase of 1% in social trust among frequent Internet users compared with infrequent users. We futher find that growth in social t… Show more
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