Is the Development of Inclusive Finance Truly Able to Alleviate Poverty?——an Empirical Study Based on Spatial Effect and Threshold Effect

References

• Baiardi, D., and C. Morana. 2018. Financial development and income distribution inequality in the euro area. Economic Modeling 70:40–55. doi:https://doi.org/10.1016/j.econmod.2017.10.008.
   Web of Science ®Google Scholar
• Bakhtiari, S. 2006. Microfinance and poverty reduction: Some international evidence. International Business & Economics Research Journal 5 (12):65–71. doi:https://doi.org/10.19030/iber.v5i12.3550.
   Google Scholar
• Baojin, C., and M. Yuan. 2011. Rural capital flows in counties under financial market segmentation. China’s Rural Economy 1:88–97. in Chinese.
   Google Scholar
• Bittencourt, M. 2010. Financial development and inequality: Brazil1985-1994. Economic Change and Restructuring 43:2.
   Google Scholar
• Changyun, W., Z. Ten, and Z. Huamao. 2014. Has financial marketization improved farmers’ access to credit? ——An empirical study based on the survey of farmers. Economic Research 10:33–45. in Chinese.
   Google Scholar
• Chen, W., and T. Kinkyo. 2016. Financial development and income inequality: long-run relationship and short-run heterogeneity. Emerging Markets Finance and Trade 52 (3):733–42. doi:https://doi.org/10.1080/1540496X.2016.1116281.
   Web of Science ®Google Scholar
• Chiu, Y. B., and C. C. Lee. 2019. Financial development, income inequality, and country risk. Journal of International Money and Finance 93:1–18. doi:https://doi.org/10.1016/j.jimonfin.2019.01.001.
   Web of Science ®Google Scholar
• Era Dabla-Norris, J., M. Yan, R. Townsend, and D. Filiz Unsal. 2015. Distinguishing constraints on financial inclusion and their impact on GDP, TFP, and inequality. NBER Working Paper No. w20821.
   Google Scholar
• Esmail and Zahra. 2008. Neoliberal development: the impact of micro-financeon poverty alleviation. CJOG 1(1):10–16.
   Google Scholar
• Foster, D., and Rosenzweig, R. 2003. Agricultural development, industrialization and rural inequalityMimeo, Cambridge, Massachusetts: Harvard University.
   Google Scholar
• Gangzhen, W., and X. Lulu. 2019. Is there a threshold for the poverty reduction effect of inclusive finance? Journal of Northeast Agricultural University 10:18–30. in Chinese.
   Google Scholar
• Gazi, U., and S. Muhammad and A. Mohamed. 2014. Financial development and poverty deduction Nexus: A cointegration and causality analysis in Bangladesh. Economic Modelling 45:3.
   Google Scholar
• Han, J., J. Wang, and M. Xiaoqiang. 2019. Effects of farmers’ participation in inclusive finance on their vulnerability to poverty: Evidence from Qinba poverty-stricken area in China. Emerging Markets Finance and Trade 55 (5):998–1013. doi:https://doi.org/10.1080/1540496X.2018.1523789.
   Web of Science ®Google Scholar
• Hannig, A., and S. Jansen 2010. Financial inclusion and financial stability: Current policy issues, ADBI Working Paper No. 259.
   Google Scholar
• Hansen, B. E. 1999. Threshold effects in non-dynamic panels: Estimation, testing, and inference. Journal of Econometrics 93 (2):345–68. doi:https://doi.org/10.1016/S0304-4076(99)00025-1.
   Web of Science ®Google Scholar
• Helms, B., and E. Porteous 2006. Littlefield, financial inclusion 2015: Four scenarios for the future of microfinance, CGAP Focus Note No. 39.
   Google Scholar
• Jalilian, H., and C. Kirkpatric. 2005. Does financial development contribute to poverty reduction? Journal of Development Studies 41 (4):4. doi:https://doi.org/10.1080/00220380500092754.
   Web of Science ®Google Scholar
• Jeanneney, S., and K. Kpodar. 2011. Financial development and poverty reduction: Can there be a benefit without a cost? Journal of Development Studies 47 (1):6. doi:https://doi.org/10.1080/00220388.2010.506918.
   Web of Science ®Google Scholar
• Khan, M. 2012. The political economy of inclusive growth. OECD General Economics & Future Studies 2011 (23):5–12.
   Google Scholar
• Koku, P. S. 2015. Financial exclusion of the poor: A literature review. International Journal of Bank Marketing 33 (5):654–68. doi:https://doi.org/10.1108/IJBM-09-2014-0134.
   Web of Science ®Google Scholar
• Li, Y. N., Y. Yang, G. S. Li, and X. Zhao. 2020. Study on sustainable development of microfinance institutions from the perspective of inclusive finance-based on MFI data in countries along the belt and road. Emerging Markets Finance and Trade 56 (13):3205–16. doi:https://doi.org/10.1080/1540496X.2019.1684893.
   Web of Science ®Google Scholar
• Liu, T., G. W. He, and C. G. Turvey. 2021. Inclusive finance, farm households entrepreneurship, and inclusive rural transformation in rural poverty-stricken areas in China. Emerging Markets Finance and Trade 57 (7):1929–58. doi:https://doi.org/10.1080/1540496X.2019.1694506.
   Web of Science ®Google Scholar
• Montalvo, and Ravallion. 2010. The pattern of growth and poverty reduction in China. Journal of Comparative Economics 38 (1):2–16. doi:https://doi.org/10.1016/j.jce.2009.10.005.
   Web of Science ®Google Scholar
• Nanda, K., and M. Kaur. 2016. Financial inclusion and human development: A cross-country evidence. Management & Labour Studies 41 (2):127–53. doi:https://doi.org/10.1177/0258042X16658734.
   Google Scholar
• Ning, G., and Z. Tian. 2019. Inclusive financing development and rural poverty reduction: Threshold, spatial spillover and channel effect. Agricultural Technology Economy 10:74–91. in Chinese.
   Google Scholar
• Park, C. Y., and R. V. Mercado. 2016. Does financial inclusion reduce poverty and URGAP inequality in developing asia? Financial inclusion in Asia. Palgrave Macmillan UK, 419–35.
   Google Scholar
• Ping, X., and X. Zhong. 2006. Public finance, financial support for agriculture and rural financial reform. Economic Research 4:106–14. in Chinese.
   Google Scholar
• Qiuping, H., H. Zongyi, and L. Yiwen. 2017. The development level of inclusive financing and its poverty alleviation effect. Financial Economics Research 6:75–84. in Chinese.
   Google Scholar
• Quanhong, Z., and Z. Jianhua. 2007. China’s economic growth, income inequality and poverty change: 1981-2001. Economic Science 4:15–24. in Chinese.
   Google Scholar
• Schmied, J., and A. Marr. 2013. Financial inclusion and poverty: The case of Peru. Regional & Sectoral Economic Studies 16:29–40.
   Google Scholar
• Sehrawat, M., and A. Giri. 2015. The role of financial development in economic growth: Empirical evidence from Indian States. International Journal of Emerging Markets 10 (4):765–80. doi:https://doi.org/10.1108/IJoEM-05-2014-0064.
   Web of Science ®Google Scholar
• Wenjie, Z., L. Hang, and Z. Pengyi. 2019. Structural effects and threshold characteristics of financial support for agriculture and poverty reduction. Southeast Academic 6:110–17. in Chinese.
   Google Scholar
• Yanzhi, T., B. Chen, T. Longpeng, and H. Xiangyang. 2014. What factors lead to the problem of rural financial exclusion? Economic Review 1:25–37. in Chinese.
   Google Scholar
• Yaojun, Y., and H. Pichan. 2004. Empirical analysis of rural capital outflow: Based on structural catastrophe theory. Quantitative Economic, Technical and Economic Research 8:28–33. in Chinese.
   Google Scholar
• Yin’e, C., S. Qiong, and X. Wenyun. 2015. Research on the distribution dynamics and spatial convergence of Inclusive Financing development in China. Financial Economics Research 6:72–81. in Chinese.
   Google Scholar
• Yufei, M., and D. Chaoyun. 2017. Inclusive financing index measurement and poverty reduction effect. Economic and Management Research 5:45–53. in Chinese.
   Google Scholar