How does digital inclusive finance influence non-agricultural employment among the rural labor force? ——Evidence from micro-data in China

• DOI: 10.1016/j.heliyon.2024.e33717
• Publication Date: 2024-06-27T00:25:45Z
• Authors: Yan Wang; Yin Qi; Yi Li
• Keywords: Prosperity; Access to Finance

In the context of integration and development inclusive finance digital technology, exploring relationship between non-farm employment rural laborers is great significance in promoting economic realizing common prosperity for all. Based on data from 2018 2020 China Family Tracking Survey (CFPS) Peking University's Digital Financial Inclusion Index, this paper investigates impact labor its transmission mechanism. The results study show that both sub-dimensions can promote laborers, have stronger inclusion inclusiveness compared with traditional finance. Mechanism analysis shows Internet use social trust positively moderate by alleviating financing constraints enhancing risk preferences. Further heterogeneity promotes employed more significantly than entrepreneurial employment, basis, there are also differences different groups regions. findings aim to provide theoretical reference support relevant departments formulate policies realize higher quality full labor.