Liu, Yutong; Zheng, Mingbo; Shum, Wai Yan - In: Innovation and green development 3 (2024) 1, pp. 1-7
This study uses panel data from 31 Chinese provinces covering the years 2011–2020 to investigate the long-term equilibrium between digital finance and the real economy. A number of statistical model, such as the cross-sectional dependence test, the CADF unit root test, the panel cointegration...