Can digital finance promote individuals’ charitable giving? Empirical evidence from China

Fang, Xing

doi:10.1016/j.chb.2023.107768

Cited by 5 publications

(2 citation statements)

References 68 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The motivations behind individual-centered family donations are exceptionally complex, influenced not only by individual physiological traits but also constrained by structural and environmental factors. Factors such as family endowments, socioeconomic status, mobilization methods of organizations, use of networks, community environment, and childhood experiences all impact individual donation levels (Zhou and Wu 2019;Zhu and Liu 2017;Liu 2004;Liu and Zhang 2021;Deng and Rong 2022;Hossain and Lamb 2017;Fang 2023;Cai et al 2022;Stamas et al 2020), especially socioeconomic status. Research indicates a U-shaped relationship between income levels and donations, with both lowincome and high-income households donating a significantly higher proportion of their income to charitable organizations compared to middle-income households (Duquette and Hargaden 2021).…”

Section: Discussionmentioning

confidence: 99%

Do Mixed Religions Make Families More Generous? An Empirical Analysis Based on a Large-Scale Survey of Chinese Families

Zeng,

Zhou

2024

Religions

View full text Add to dashboard Cite

This study focuses on the relationship between mixed religions and family donations in China as the object of analysis, where individual donations are primarily in the form of family contributions. Although there is considerable research on the relationship between religion and individual donations, the academic community has yet to clarify the connection between mixed religions and family donations. Based on the large-scale survey data from the 2020 China Family Panel Studies, this study employs econometric models such as probit and tobit models to examine the relationship. To mitigate endogeneity and enhance the robustness of the conclusions, this research also conducts instrumental variable analysis and robustness analysis. The study finds that the influence of mixed religions on family donations is greater than that of non-mixed religions, but this influence is more pronounced in families with higher donation levels. Heterogeneity analysis reveals that mixed religions have a greater impact on donations in families headed by individuals aged 41–59, females, those with no religious affiliation, residents of urban areas, and families in the western and northeastern regions. Furthermore, the impact of mixed religions on family donations is higher only when there is a combination of one or three religions. Additional analysis indicates that households with lower educational attainment, non-Party members, individuals suffering from illnesses, and unmarried females are more likely to choose mixed religions.

show abstract

Section: Discussionmentioning

confidence: 99%

Do Mixed Religions Make Families More Generous? An Empirical Analysis Based on a Large-Scale Survey of Chinese Families

Zeng,

Zhou

2024

Religions

View full text Add to dashboard Cite

show abstract

“…Their findings underscore the critical role of an inclusive financial ecosystem in augmenting rural income levels, thus contributing to common prosperity. Expanding upon this foundation, Fang [27] examined the influence of digital finance in enhancing individual charitable contributions within China, providing empirical evidence that digital financial services cultivate a culture of philanthropy, an essential element of common prosperity. Zhang et al [2] further investigated the impact of digital financial inclusion on common prosperity and its underlying mechanisms, identifying key channels through which digital financial services facilitate equitable economic growth.…”

Section: The Relationship Between Digital Financial Inclusion and Com...mentioning

confidence: 99%

Spatial Network Analysis of Coupling Coordination between Digital Financial Inclusion and Common Prosperity in the Yangtze River Delta Urban Agglomeration

Zeng,

Sun

2024

Mathematics

View full text Add to dashboard Cite

Digital financial inclusion and common prosperity are pivotal elements in promoting the sustainable socioeconomic development of China. This study introduces a novel Multi-Criteria Decision Analysis (MCDA) method to evaluate the Common Prosperity Index (CPI). Using this index, alongside the Digital Financial Inclusion Index (DFII) released by Peking University, it examines the evolution of the coupling coordination relationship between digital financial inclusion and common prosperity within the Yangtze River Delta (YRD) urban agglomeration from 2011 to 2021. By integrating gravity models and social network analysis, in this paper, we thoroughly investigate the spatiotemporal evolution characteristics of the spatial network of this coupling coordination relationship. The results indicate that both the DFII and CPI generally exhibit an upward trend, but the decline in the coupling degree reflects a weakened interaction strength between them. Specifically, Anhui significantly lags behind Jiangsu, Zhejiang, and Shanghai in the development of digital financial inclusion and common prosperity, indicating regional development imbalances. Furthermore, the strength of spatial connections in city coupling coordination has significantly increased, with Nanjing’s siphon effect on cities in Anhui becoming markedly stronger, and the number of core cities in the network increasing, which demonstrates a geographical proximity feature in network development. Additionally, the overall network characteristics are transitioning towards higher density and “small-world” properties, suggesting a trend toward network stabilization. The disparity in centrality among cities has decreased, with an overall enhancement in centrality, where the spatial spillover effects from core areas such as Hangzhou-Ningbo, Nanjing-Changzhou, and Shanghai-Suzhou-Wuxi significantly promote the development of peripheral cities. Based on these findings, this paper proposes policy recommendations for the sustainable development of digital financial inclusion and common prosperity in the YRD region.

show abstract

How does digital finance alleviate fiscal stress? Evidence from China

Shan,

2024

Economic Analysis and Policy

View full text Add to dashboard Cite

Can digital finance promote individuals’ charitable giving? Empirical evidence from China

Cited by 5 publications

References 68 publications

Do Mixed Religions Make Families More Generous? An Empirical Analysis Based on a Large-Scale Survey of Chinese Families

Do Mixed Religions Make Families More Generous? An Empirical Analysis Based on a Large-Scale Survey of Chinese Families

Spatial Network Analysis of Coupling Coordination between Digital Financial Inclusion and Common Prosperity in the Yangtze River Delta Urban Agglomeration

How does digital finance alleviate fiscal stress? Evidence from China

Contact Info

Product

Resources

About