Abstract
This paper investigates how digital finance alleviates the resource curse effect from resource-based cities in China. This paper selects the data from 88 resource-based cities in China from 2011 to 2019 to construct the econometric model test hypothesis. The results show that (1) a resource curse does exist in Chinese resource-based cities. (2) Digital finance can alleviate the resource curse of resource-based cities in China, and this effect has two significant thresholds. (3) The heterogeneity test results show that digital finance's mitigation effect on the resource curse significantly differs in cities with different environmental regulation intensities and resource abundance. (4) Using the implementation of the broadband China strategy as the proxy variable of digital finance for the robustness test, the above conclusions are still robust. This paper considers the impact of digital upgrading on the financial industry and further studies the mitigation effect of digital finance on the resource curse. It provides a new perspective to study the recent changes in traditional issues in the digital era.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
