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The impact of digital finance on financial efficiency
Author(s) -
Wang Qian,
Yang Jinbao,
Chiu Yungho,
Lin TaiYu
Publication year - 2020
Publication title -
managerial and decision economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.288
H-Index - 51
eISSN - 1099-1468
pISSN - 0143-6570
DOI - 10.1002/mde.3168
Subject(s) - financial sector , financial market efficiency , finance , economics , financial services , business , china , ranking (information retrieval) , financial system , financial ratio , computer science , political science , machine learning , law
This paper quantitatively analyzes the impact of digital finance on financial efficiency. The results show that digital finance has slightly improved the efficiency of the financial sector, but there are significant differences in the impact of provincial efficiency in China. Although financial sector efficiency positively correlates with digital financial efficiency, digital finance gives backward regions disadvantages. The efficiency score and ranking of the financial sector in the eastern region are significantly higher than noneastern region. The progressive effect of digital finance on the efficiency of the financial sector in the eastern region is better than that in the noneastern region.