文献类型：期刊文献

英文题名：The effect of the digital divide on household consumption in China

作者：Wang, Jianqiu[1];Yin, Zhichao[1];Jiang, Jialing[2,3]

第一作者：Wang, Jianqiu

通讯作者：Jiang, JL[1]

机构：[1]Capital Univ Econ & Business, Sch Finance, Beijing, Peoples R China;[2]Beijing Union Univ, Sch Management, Beijing, Peoples R China;[3]Beijing Union Univ, Sch Management, 97, North Fourth Ring East Rd, Beijing 100101, Peoples R China

第一机构：Capital Univ Econ & Business, Sch Finance, Beijing, Peoples R China

通讯机构：[1]corresponding author), Beijing Union Univ, Sch Management, 97, North Fourth Ring East Rd, Beijing 100101, Peoples R China.|[1141755]北京联合大学管理学院;[11417]北京联合大学;

年份：2023

卷号：87

外文期刊名：INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS

收录：;Scopus(收录号：2-s2.0-85148770042);WOS:【SSCI(收录号:WOS:000947470900001)】；

语种：英文

外文关键词：Digital divide; Household consumption; Consumption structure

摘要：The rapid digitization of economy and the widening of digital divide have attracted the attention and interest of many researchers. In such a context, this paper aims to identify the causal effect of the digital divide on household consumption. Using the 2017 and 2019 waves of the China Household Finance Survey (CHFS) data, we find that the digital divide has led to a significant reduction in household consumption. Besides, such a negative correlation results from the combined effects of (i) rising unemployment, (ii) intensified liquidity constraints, and (iii) declining financial literacy. Furthermore, it is discovered that the digital divide has different impacts on households depending on the specific consumption category, thus hindering the diversification of consumption. Our findings are expected to shed some light on the little-documented evidence with profound implications for the socioeconomic policies on the application of technology to enhance the efficiency and inclusiveness of the digital economy.