The Impact of Financial Technology on GDP and Home Prices: Evidence from China
DOI:
https://doi.org/10.54691/bcpbm.v50i.5577Keywords:
FinTech; GDP; Housing Price; China.Abstract
This paper investigates the impact of financial technology (FinTech) on GDP and home prices in China. Using robust econometric techniques and a comprehensive dataset, we find that FinTech has a positive and significant effect on both GDP and home prices. These findings highlight the potential of FinTech to drive economic growth and positively influence the housing market. The results have important implications for policymakers seeking to leverage FinTech for sustainable economic development and housing market stability.
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References
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Jiang, X., Wang, X., Ren, J., & Xie, Z. (2021). The Nexus between digital finance and economic development: evidence from China. Sustainability, 13(13), 7289.
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