The asymmetric effects of digital inclusive finance’s breadth and depth on the digital transformation of agribusinesses

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-02-01 DOI:10.1016/j.frl.2024.106528

Wenyi Li , Zhen Yang , Wenna Wang

引用次数: 0

Abstract

Drawing on data from agribusinesses spanning 2000 to 2022, we uncover the non-linear effects of digital inclusive finance breadth and depth on their digital transformation. First, a U-shaped relationship exists between the breadth and depth of digital inclusive finance and the digital transformation of agribusinesses. Second, cash flow moderates the U-shaped relationship between the breadth of digital inclusive finance and digital transformation. This moderation flattens the U-shape, potentially inverting it beyond a certain point. Notably, cash flow does not moderate the relationship between the depth of digital inclusive finance and digital transformation. Third, the U-shaped relationship between the breadth and depth of digital inclusive finance and agribusinesses’ digital transformation is significant only in the eastern and central regions and is observed exclusively before the onset of the COVID-19 pandemic.

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数字普惠金融的广度和深度对农业企业数字化转型的非对称影响

利用2000年至2022年农业综合企业的数据，我们揭示了数字普惠金融的广度和深度对其数字化转型的非线性影响。首先，数字普惠金融的广度和深度与农业企业数字化转型之间存在u型关系。第二，现金流量调节数字普惠金融广度与数字化转型之间的u型关系。这种缓和使u型曲线趋于平缓，在超过某一点后可能会反转。值得注意的是，现金流量并没有调节数字普惠金融深度与数字化转型之间的关系。第三，数字普惠金融的广度和深度与农业企业数字化转型之间的u型关系仅在东部和中部地区显著，并且仅在新冠肺炎大流行爆发之前观察到。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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