{"id":"https://openalex.org/W4392542003","doi":"https://doi.org/10.1080/00036846.2024.2323019","title":"How does digital finance affect rural capital misallocation? Evidence from China","display_name":"How does digital finance affect rural capital misallocation? Evidence from China","publication_year":2024,"publication_date":"2024-03-07","ids":{"openalex":"https://openalex.org/W4392542003","doi":"https://doi.org/10.1080/00036846.2024.2323019"},"language":"en","primary_location":{"id":"doi:10.1080/00036846.2024.2323019","doi":"https://doi.org/10.1080/00036846.2024.2323019","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2024.2323019","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5079348627","display_name":"Xiaosen Du","orcid":"https://orcid.org/0009-0002-6784-5019","observed_orcids":["https://orcid.org/0009-0002-6784-5019"]},"institutions":[{"id":"https://openalex.org/I173899330","display_name":"Henan University","ror":"https://ror.org/003xyzq10","country_code":"CN","type":"education","lineage":["https://openalex.org/I173899330"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xiaosen Du","raw_affiliation_strings":["Henan University","School of Economics, Henan University, Kaifeng, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Henan University","institution_ids":["https://openalex.org/I173899330"]},{"raw_affiliation_string":"School of Economics, Henan University, Kaifeng, China","institution_ids":["https://openalex.org/I173899330"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5100567494","display_name":"Shiyu Wu","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I158934434","display_name":"Zhongnan University of Economics and Law","ror":"https://ror.org/04yqxxq63","country_code":"CN","type":"education","lineage":["https://openalex.org/I158934434"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Shiyu Wu","raw_affiliation_strings":["Zhongnan University of Economics and Law","School of Accounting, Zhongnan University of Economics and Law, Wuhan, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Zhongnan University of Economics and Law","institution_ids":["https://openalex.org/I158934434"]},{"raw_affiliation_string":"School of Accounting, Zhongnan University of Economics and Law, Wuhan, China","institution_ids":["https://openalex.org/I158934434"]}]},{"author_position":"last","author":{"id":null,"display_name":"Jing Zhou","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I173899330","display_name":"Henan University","ror":"https://ror.org/003xyzq10","country_code":"CN","type":"education","lineage":["https://openalex.org/I173899330"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Jing Zhou","raw_affiliation_strings":["Henan University","International Business School, Henan University, Zhengzhou, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Henan University","institution_ids":["https://openalex.org/I173899330"]},{"raw_affiliation_string":"International Business School, Henan University, Zhengzhou, China","institution_ids":["https://openalex.org/I173899330"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I173899330"],"apc_list":null,"apc_paid":null,"fwci":6.1228,"has_fulltext":false,"cited_by_count":13,"citation_normalized_percentile":{"value":0.96078016,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":99},"biblio":{"volume":"57","issue":"18","first_page":"2241","last_page":"2254"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.9262999892234802,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.9262999892234802,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10987","display_name":"Microfinance and Financial Inclusion","score":0.039799999445676804,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13346","display_name":"Digital Transformation in Financial Services","score":0.014999999664723873,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/digital-finance","display_name":"digital finance","score":0.9419999718666077},{"id":"https://openalex.org/keywords/industrial-upgrading","display_name":"industrial upgrading","score":0.9169999957084656},{"id":"https://openalex.org/keywords/moderating-effect","display_name":"moderating effect","score":0.7450000047683716},{"id":"https://openalex.org/keywords/spatial-spillover-effects","display_name":"spatial spillover effects","score":0.8270000219345093},{"id":"https://openalex.org/keywords/rural-development","display_name":"rural development","score":0.8920000195503235},{"id":"https://openalex.org/keywords/chinese-counties","display_name":"Chinese counties","score":0.5709999799728394}],"concepts":[{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.7608176469802856},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7491415143013},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.6912523508071899},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.5536016821861267},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.36752498149871826},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3417515456676483},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3261301517486572},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.06644529104232788},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/00036846.2024.2323019","doi":"https://doi.org/10.1080/00036846.2024.2323019","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00036846.2024.2323019","pdf_url":null,"source":{"id":"https://openalex.org/S201533460","display_name":"Applied Economics","issn_l":"0003-6846","issn":["0003-6846","1466-4283"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-40","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Applied Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:applec:v:57:y:2025:i:18:p:2241-2254","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00036846.2024.2323019","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.7257999777793884,"id":"https://metadata.un.org/sdg/8"},{"display_name":"Industry, innovation and infrastructure","score":0.651199996471405,"id":"https://metadata.un.org/sdg/9"},{"display_name":"Reduced inequalities","score":0.4000000059604645,"id":"https://metadata.un.org/sdg/10"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":47,"referenced_works":["https://openalex.org/W1579004247","https://openalex.org/W1642634312","https://openalex.org/W1981936924","https://openalex.org/W2006212802","https://openalex.org/W2025342724","https://openalex.org/W2035753897","https://openalex.org/W2044360841","https://openalex.org/W2062683428","https://openalex.org/W2091034987","https://openalex.org/W2103920048","https://openalex.org/W2127019830","https://openalex.org/W2149818409","https://openalex.org/W2749328332","https://openalex.org/W2753335427","https://openalex.org/W2764342209","https://openalex.org/W2803703878","https://openalex.org/W2954817769","https://openalex.org/W2969228320","https://openalex.org/W2972187985","https://openalex.org/W2989230946","https://openalex.org/W3045742910","https://openalex.org/W3091773208","https://openalex.org/W3093312845","https://openalex.org/W3118757590","https://openalex.org/W3125498346","https://openalex.org/W3125702173","https://openalex.org/W3136020667","https://openalex.org/W3139664526","https://openalex.org/W3190793721","https://openalex.org/W3191646389","https://openalex.org/W3204152423","https://openalex.org/W3210156851","https://openalex.org/W4205110720","https://openalex.org/W4205402645","https://openalex.org/W4220712232","https://openalex.org/W4221133710","https://openalex.org/W4224308461","https://openalex.org/W4281712897","https://openalex.org/W4283172456","https://openalex.org/W4285297498","https://openalex.org/W4295137604","https://openalex.org/W4296392052","https://openalex.org/W4297839593","https://openalex.org/W4301651410","https://openalex.org/W4322772992","https://openalex.org/W4372319298","https://openalex.org/W4378381710"],"related_works":["https://openalex.org/W4384929313","https://openalex.org/W4396649943","https://openalex.org/W7223013369","https://openalex.org/W4405146320","https://openalex.org/W4404190067","https://openalex.org/W4393114790","https://openalex.org/W4403885376","https://openalex.org/W4400438811","https://openalex.org/W4378364204","https://openalex.org/W4313459883"],"abstract_inverted_index":{"Digital":[0],"finance":[1,46,91,113,143,155,178],"can":[2],"take":[3],"advantage":[4],"of":[5,44,62,82,111,140],"new":[6],"financial":[7],"services":[8],"to":[9,21,72,173],"support":[10],"economic":[11],"growth.":[12],"Its":[13],"effect":[14,43,110],"on":[15,47,114,144],"rural":[16,25,31,48,99,136,141,145,176,189],"capital":[17,26,49,83,95,115,132,146,158,185],"misallocation":[18,27,50,96,116,147,159,186],"is":[19,70,118],"valuable":[20],"be":[22],"discussed":[23],"as":[24,127,129],"has":[28,92,148,156],"severely":[29],"restricted":[30],"development":[32],"worldwide.":[33],"This":[34,170],"paper,":[35],"with":[36],"data":[37],"from":[38],"Chinese":[39],"counties,":[40],"studies":[41],"the":[42,59,74,79,94,98,108,122,131,163,174],"digital":[45,90,112,142,154,177,190],"and":[51,77,124,153,180],"further":[52],"analyzes":[53],"how":[54],"it":[55],"acts":[56],"by":[57,187],"exploring":[58],"moderating":[60],"role":[61],"industrial":[63],"structure":[64,104],"upgrading.":[65],"The":[66,85],"system":[67],"GMM":[68],"method":[69],"applied":[71],"resolve":[73],"path":[75],"dependence":[76],"identify":[78],"dynamic":[80],"effects":[81],"misallocation.":[84],"findings":[86],"include":[87],"that":[88],"(1)rural":[89],"reduced":[93,157],"for":[97],"area":[100],"in":[101,121,130,135,162,167],"China;":[102,137],"(2)industrial":[103],"upgrading":[105],"will":[106,181],"strengthen":[107],"negative":[109],"which":[117],"more":[119],"significant":[120],"eastern":[123],"western":[125],"regions,":[126],"well":[128],"over-allocation":[133],"regions":[134,183],"(3)the":[138],"impact":[139],"a":[149],"spatial":[150],"spillover":[151],"effect,":[152],"not":[160],"only":[161],"local":[164],"but":[165],"also":[166],"neighbouring":[168],"regions.":[169],"study":[171],"contributes":[172],"existing":[175],"literature":[179],"help":[182],"reduce":[184],"improving":[188],"finance.":[191]},"counts_by_year":[{"year":2026,"cited_by_count":4},{"year":2025,"cited_by_count":7},{"year":2024,"cited_by_count":2}],"updated_date":"2026-10-24T09:50:30.924529","created_date":"2024-03-08T00:00:00"}