This paper uses household panel data to explore the impact of mobile payments on China's household business activity.Using a difference-in-difference fixed effect specification,Ifind that mobile payment users are ...This paper uses household panel data to explore the impact of mobile payments on China's household business activity.Using a difference-in-difference fixed effect specification,Ifind that mobile payment users are more likely to operate small-scale and self-employed informal businesses.The impact of"using mobile payment primarily derives from the transition of agricultural families to business owners and the development of informal businesses.The paper illustrates an associated increase in employment and income,for family members,with more pronounced effects on low-income and rural households.It also provides prima facie evidence of the increase in fund transfers,which is important for risk sharing that informnal businesses may encounter.展开更多
基金This research was supported by the National Social ScienceFoundation of China (No. 18ZDA091). The author is very grateful to Zhichao Yin, Honghui Zhu, Xun Wang,Yang Ji and Yiping Huang for their helpful advice and cormments.
文摘This paper uses household panel data to explore the impact of mobile payments on China's household business activity.Using a difference-in-difference fixed effect specification,Ifind that mobile payment users are more likely to operate small-scale and self-employed informal businesses.The impact of"using mobile payment primarily derives from the transition of agricultural families to business owners and the development of informal businesses.The paper illustrates an associated increase in employment and income,for family members,with more pronounced effects on low-income and rural households.It also provides prima facie evidence of the increase in fund transfers,which is important for risk sharing that informnal businesses may encounter.
