SVAR Metrics Analysis for the Impact of Fintech on Rural Economy Growth

Yu Duan, Yuxin Liu, Jinchuan Ke

2022

Abstract

The Fintech (financial technology) has the characteristics of low transaction costs, high transaction efficiency and strong assistance. In the past decade, it has gradually become one of the main forms of Fintech. Based on the background of the rapid development of Fintech, this article discusses the impact mechanism of Fintech on rural economic development from the perspective of the development scale of internet third-party payment and P2P network loans. The results of the research show that the impact of Fin-tech on the development of the rural economy is weak in the short-term and strengthened in the long-term. The results of the impulse response show that the positive changes in rural economic growth itself, third-party payments and P2P network loans can significantly promote local economic development.

Paper Citation

in Harvard Style

Duan Y., Liu Y. and Ke J. (2022). SVAR Metrics Analysis for the Impact of Fintech on Rural Economy Growth. In Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM, ISBN 978-989-758-593-7, pages 497-502. DOI: 10.5220/0011188300003440

in Bibtex Style

@conference{bdedm22,
author={Yu Duan and Yuxin Liu and Jinchuan Ke},
title={SVAR Metrics Analysis for the Impact of Fintech on Rural Economy Growth},
booktitle={Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,},
year={2022},
pages={497-502},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011188300003440},
isbn={978-989-758-593-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the International Conference on Big Data Economy and Digital Management - Volume 1: BDEDM,
TI - SVAR Metrics Analysis for the Impact of Fintech on Rural Economy Growth
SN - 978-989-758-593-7
AU - Duan Y.
AU - Liu Y.
AU - Ke J.
PY - 2022
SP - 497
EP - 502
DO - 10.5220/0011188300003440