{"id":"https://openalex.org/W7225748112","doi":"https://doi.org/10.54254/2754-1169/2026.bh38810","title":"The Impact of Digital Financial Inclusion on Household Consumption Upgrading: Empirical Evidence from Provincial Panel Data in China","display_name":"The Impact of Digital Financial Inclusion on Household Consumption Upgrading: Empirical Evidence from Provincial Panel Data in China","publication_year":2026,"publication_date":"2026-11-10","ids":{"openalex":"https://openalex.org/W7225748112","doi":"https://doi.org/10.54254/2754-1169/2026.bh38810"},"language":"en","primary_location":{"id":"doi:10.54254/2754-1169/2026.bh38810","doi":"https://doi.org/10.54254/2754-1169/2026.bh38810","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/2026.bh38810","pdf_url":null,"source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.54254/2754-1169/2026.bh38810","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5159168702","display_name":"Qiutong Ren","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I181679659","display_name":"Shanghai University of Finance and Economics","ror":"https://ror.org/00wtvfq62","country_code":"CN","type":"education","lineage":["https://openalex.org/I181679659"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Qiutong Ren","raw_affiliation_strings":["Shanghai University of Finance and Economics"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Shanghai University of Finance and Economics","institution_ids":["https://openalex.org/I181679659"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5159168702"],"corresponding_institution_ids":["https://openalex.org/I181679659"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"311","issue":"1","first_page":"None","last_page":"None"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11995","display_name":"FinTech, Crowdfunding, Digital Finance","score":0.5903000235557556,"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":0.5903000235557556,"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":0.3889000117778778,"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/T13867","display_name":"Economic Growth and Development","score":0.0071000000461936,"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"}}],"keywords":[],"concepts":[{"id":"https://openalex.org/C2779251847","wikidata":"https://www.wikidata.org/wiki/Q60852","display_name":"Financial inclusion","level":3,"score":0.7766000032424927},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.6973999738693237},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.6797999739646912},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.6796000003814697},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6536999940872192},{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.5712000131607056},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.5311999917030334},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.517799973487854},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.4966999888420105},{"id":"https://openalex.org/C2778058735","wikidata":"https://www.wikidata.org/wiki/Q4692253","display_name":"Aggregate data","level":2,"score":0.4361000061035156},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.4081999957561493},{"id":"https://openalex.org/C178131030","wikidata":"https://www.wikidata.org/wiki/Q631360","display_name":"Price index","level":2,"score":0.3926999866962433},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.3700000047683716},{"id":"https://openalex.org/C2164484","wikidata":"https://www.wikidata.org/wiki/Q5170150","display_name":"Core (optical fiber)","level":2,"score":0.36880001425743103},{"id":"https://openalex.org/C139043278","wikidata":"https://www.wikidata.org/wiki/Q837171","display_name":"Financial services","level":2,"score":0.359499990940094},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.33629998564720154},{"id":"https://openalex.org/C109359841","wikidata":"https://www.wikidata.org/wiki/Q728944","display_name":"Inclusion (mineral)","level":2,"score":0.33149999380111694},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3240000009536743},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.31869998574256897},{"id":"https://openalex.org/C4679612","wikidata":"https://www.wikidata.org/wiki/Q866298","display_name":"Aggregate (composite)","level":2,"score":0.3125999867916107},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.31040000915527344},{"id":"https://openalex.org/C2778762746","wikidata":"https://www.wikidata.org/wiki/Q5164766","display_name":"Consumption smoothing","level":3,"score":0.3098999857902527},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.3057999908924103},{"id":"https://openalex.org/C29169499","wikidata":"https://www.wikidata.org/wiki/Q3304360","display_name":"Cross-sectional data","level":2,"score":0.3003999888896942},{"id":"https://openalex.org/C159009313","wikidata":"https://www.wikidata.org/wiki/Q5283159","display_name":"Distributed lag","level":2,"score":0.28279998898506165},{"id":"https://openalex.org/C181683161","wikidata":"https://www.wikidata.org/wiki/Q7301159","display_name":"Real gross domestic product","level":2,"score":0.2827000021934509},{"id":"https://openalex.org/C96250715","wikidata":"https://www.wikidata.org/wiki/Q965330","display_name":"Estimation","level":2,"score":0.2745000123977661},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.27410000562667847},{"id":"https://openalex.org/C162144332","wikidata":"https://www.wikidata.org/wiki/Q1665305","display_name":"Instrumental variable","level":2,"score":0.2718999981880188},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.2700999975204468},{"id":"https://openalex.org/C60675406","wikidata":"https://www.wikidata.org/wiki/Q2049349","display_name":"Panel analysis","level":3,"score":0.26969999074935913},{"id":"https://openalex.org/C540431452","wikidata":"https://www.wikidata.org/wiki/Q16319025","display_name":"FinTech","level":3,"score":0.2680000066757202},{"id":"https://openalex.org/C75778745","wikidata":"https://www.wikidata.org/wiki/Q342626","display_name":"Lag","level":2,"score":0.26750001311302185},{"id":"https://openalex.org/C2777747085","wikidata":"https://www.wikidata.org/wiki/Q5449743","display_name":"Financial sector development","level":3,"score":0.26440000534057617},{"id":"https://openalex.org/C177033891","wikidata":"https://www.wikidata.org/wiki/Q5164722","display_name":"Consumer spending","level":3,"score":0.2612000107765198},{"id":"https://openalex.org/C2780082420","wikidata":"https://www.wikidata.org/wiki/Q4672483","display_name":"Access to finance","level":2,"score":0.26010000705718994},{"id":"https://openalex.org/C202353208","wikidata":"https://www.wikidata.org/wiki/Q1167393","display_name":"Economic indicator","level":2,"score":0.25870001316070557},{"id":"https://openalex.org/C188897","wikidata":"https://www.wikidata.org/wiki/Q5333508","display_name":"Economic impact analysis","level":2,"score":0.25679999589920044},{"id":"https://openalex.org/C44970651","wikidata":"https://www.wikidata.org/wiki/Q17014030","display_name":"Fixed effects model","level":3,"score":0.2565000057220459}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.54254/2754-1169/2026.bh38810","doi":"https://doi.org/10.54254/2754-1169/2026.bh38810","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/2026.bh38810","pdf_url":null,"source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.54254/2754-1169/2026.bh38810","doi":"https://doi.org/10.54254/2754-1169/2026.bh38810","is_oa":true,"landing_page_url":"https://doi.org/10.54254/2754-1169/2026.bh38810","pdf_url":null,"source":{"id":"https://openalex.org/S4387278942","display_name":"Advances in Economics Management and Political Sciences","issn_l":"2754-1169","issn":["2754-1169","2754-1177"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Advances in Economics, Management and Political Sciences","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":[],"abstract_inverted_index":{"Whether":[0],"digital":[1,75,174,199],"financial":[2,76,151],"inclusion":[3,77],"can":[4,195],"push":[5],"household":[6],"consumption":[7,84,155,164],"toward":[8],"higher-quality":[9],"categories,":[10],"and":[11,52,66,107,117,143,163,184,207],"through":[12],"what":[13],"channels,":[14],"remains":[15],"an":[16,95],"open":[17],"empirical":[18],"question":[19],"in":[20,102,134,141,160],"the":[21,30,60,67,87,103,122,126,173,180,190],"context":[22],"of":[23,97,105,121],"domestic":[24,205],"demand":[25,206],"expansion.":[26],"This":[27],"study":[28],"combines":[29],"Peking":[31],"University":[32],"Digital":[33],"Financial":[34],"Inclusion":[35],"Index":[36],"with":[37,94],"provincial":[38],"macroeconomic":[39],"statistics":[40],"to":[41,172,179,188],"build":[42],"a":[43,79,110,118],"balanced":[44],"panel":[45],"covering":[46],"31":[47],"Chinese":[48],"provinces":[49,136],"over":[50],"2013-2022,":[51],"estimates":[53],"two-way":[54],"fixed":[55],"effects":[56],"models":[57],"that":[58,112,149],"identify":[59],"aggregate":[61,88],"impact,":[62],"its":[63],"regional":[64],"variation,":[65],"underlying":[68],"transmission":[69],"channels.":[70],"Three":[71],"findings":[72],"emerge.":[73],"First,":[74],"exerts":[78],"significant":[80],"positive":[81],"influence":[82],"on":[83],"upgrading:":[85],"raising":[86],"index":[89],"by":[90],"1%":[91],"is":[92,128],"associated":[93],"increase":[96],"roughly":[98],"0.23":[99],"percentage":[100],"points":[101],"share":[104],"development-":[106],"enjoyment-oriented":[108],"spending,":[109],"result":[111],"survives":[113],"alternative":[114],"dependent-variable":[115],"definitions":[116],"one-period":[119],"lag":[120],"core":[123],"regressor.":[124],"Second,":[125],"effect":[127],"geographically":[129],"uneven":[130],"\u2014":[131,146],"clearly":[132],"present":[133],"eastern":[135],"but":[137,177],"not":[138,178],"yet":[139],"detectable":[140],"central":[142],"western":[144],"ones":[145],"which":[147],"indicates":[148],"turning":[150],"supply":[152],"into":[153],"actual":[154],"behavior":[156],"requires":[157],"complementary":[158],"conditions":[159],"income,":[161],"logistics,":[162],"scenarios.":[165],"Third,":[166],"channel":[167],"tests":[168],"lend":[169],"preliminary":[170],"support":[171],"credit":[175],"route":[176],"payment":[181],"convenience":[182],"route,":[183],"coverage":[185],"breadth":[186],"proves":[187],"be":[189],"dominant":[191],"sub-dimension.":[192],"The":[193],"evidence":[194],"inform":[196],"more":[197],"targeted":[198],"finance":[200],"policies":[201],"aimed":[202],"at":[203],"expanding":[204],"upgrading":[208],"consumption.":[209]},"counts_by_year":[],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2026-11-11T00:00:00"}
