Residential College | false |
Status | 已發表Published |
The equilibrium effects of digital technology on banking, production, and employment | |
Nian Liu; Xinhua Gu; Chun Kwok Lei | |
2022-07-23 | |
Source Publication | Finance Research Letters |
ABS Journal Level | 2 |
ISSN | 1544-6123 |
Volume | 49Pages:103196 |
Abstract | This paper examines the impacts of China's digital technology on equilibrium outcomes in its labor, product, and loan markets. We show that digital development is good for employment expansion along with a pay rise, and that rapid e-Commerce growth leads to a fall in the price of products and a rise in the quantity of their transactions. It is unclear how loan interest rates change with Fintech adoption, but we find that banks' lending business will be expanding due to its strong interaction with the digital economy. These theoretical findings are largely consistent with well-documented observations on China. |
Keyword | Digital Technology E-commerce Fintech Discount Consumption Production Banks Labor Loans Products |
DOI | 10.1016/j.frl.2022.103196 |
URL | View the original |
Indexed By | SSCI |
Language | 英語English |
WOS Research Area | Business & Economics |
WOS Subject | Business, Finance |
WOS ID | WOS:000835324000005 |
Publisher | Elsevier Ltd |
Scopus ID | 2-s2.0-85135077495 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | Faculty of Business Administration DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
Corresponding Author | Nian Liu; Chun Kwok Lei |
Affiliation | Department of Finance & Business Economics, University of Macau |
First Author Affilication | University of Macau |
Corresponding Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | Nian Liu,Xinhua Gu,Chun Kwok Lei. The equilibrium effects of digital technology on banking, production, and employment[J]. Finance Research Letters, 2022, 49, 103196. |
APA | Nian Liu., Xinhua Gu., & Chun Kwok Lei (2022). The equilibrium effects of digital technology on banking, production, and employment. Finance Research Letters, 49, 103196. |
MLA | Nian Liu,et al."The equilibrium effects of digital technology on banking, production, and employment".Finance Research Letters 49(2022):103196. |
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