Access the full text.
Sign up today, get DeepDyve free for 14 days.
J. Fogel, S. Albert, F. Schnabel, B. Ditkoff, A. Neugut (2002)
Internet use and social Support in women with breast cancerHealth Psychology, 21
V. Venkatesh, Fred Davis (2000)
A Theoretical Extension of the Technology Acceptance Model: Four Longitudinal Field StudiesManagement Science, 46
G. Galanis, Roberto Veneziani (2017)
Equality of When
Chandralekha Ghosh, Rimita Chaudhury (2020)
Determinants of digital finance in IndiaInnovation and Development, 12
M. Mitchell, J. Lebow, R. Uribe, H. Grathouse, W. Shoger (2011)
Internet use, happiness, social support and introversion: A more fine grained analysis of person variables and internet activityComput. Hum. Behav., 27
Andrea Jiménez, Yingqin Zheng (2018)
Tech hubs, innovation and developmentInformation Technology for Development, 24
M. Nussbaum (1988)
Nature, Function and Capability: Aristotle on Political Distribution
Olena Havrylchyk, Marianne Verdier (2018)
The Financial Intermediation Role of the P2P Lending PlatformsComparative Economic Studies, 60
S. Kusimba (2018)
“It is easy for women to ask!”: Gender and digital finance in Kenya, 5
S. Basha, M. Elgammal, Bana Abuzayed (2021)
Online peer-to-peer lending: A review of the literatureElectron. Commer. Res. Appl., 48
Peterson Ozili (2018)
Impact of Digital Finance on Financial Inclusion and StabilityBig Data & Innovative Financial Technologies Research Paper Series
Changsu Kim, Mirsobit Mirusmonov, In Lee (2010)
An empirical examination of factors influencing the intention to use mobile paymentComput. Hum. Behav., 26
Quanyun Song, Jie Li, Yu Wu, Zhichao Yin (2020)
Accessibility of financial services and household consumption in China: Evidence from micro dataThe North American Journal of Economics and Finance, 53
D. Nawinna, J. Venable (2019)
Effects of ICT-enabled social capital on inter-organizational relationships and performance: empirical evidence from an emerging economyInformation Technology for Development, 25
Riza Emekter, Yanbin Tu, B. Jirasakuldech, Min Lu (2015)
Evaluating credit risk and loan performance in online Peer-to-Peer (P2P) lendingApplied Economics, 47
J. Xiao, Chengyang Yan, Piotr Białowolski, Nilton Porto (2021)
Consumer debt holding, income and happiness: evidence from ChinaInternational Journal of Bank Marketing
Paul Schierz, Oliver Schilke, B. Wirtz (2010)
Understanding consumer acceptance of mobile payment services: An empirical analysisElectron. Commer. Res. Appl., 9
P. Gomber, Jascha-Alexander Koch, Michael Siering (2017)
Digital Finance and FinTech: current research and future research directionsJournal of Business Economics, 87
Biyun Ren, Liuying Li, Hongmei Zhao, Yunbo Zhou (2017)
THE FINANCIAL EXCLUSION IN THE DEVELOPMENT OF DIGITAL FINANCE — A STUDY BASED ON SURVEY DATA IN THE JINGJINJI RURAL AREAThe Singapore Economic Review, 63
Gulizhaer Aisaiti, Luhao Liu, Jiaping Xie, Jun Yang (2019)
An empirical analysis of rural farmers' financing intention of inclusive finance in ChinaInd. Manag. Data Syst., 119
Forough Shahpasandi, A. Zarei, M. Nikabadi (2020)
Consumers’ Impulse Buying Behavior on Instagram: Examining the Influence of Flow Experiences and Hedonic Browsing on Impulse BuyingJournal of Internet Commerce, 19
Jie Li, Yu Wu, J. Xiao (2020)
The impact of digital finance on household consumption: Evidence from ChinaEconomic Modelling
D. Asamoah, Samer Takieddine, M. Amedofu (2020)
Examining the effect of mobile money transfer (MMT) capabilities on business growth and development impactInformation Technology for Development, 26
S. Qureshi (2020)
Why Data Matters for Development? Exploring Data Justice, Micro-Entrepreneurship, Mobile Money and Financial InclusionInformation Technology for Development, 26
中国农业银行战略规划部, 中国家庭金融调查与研究中心 (2014)
中国农村家庭金融发展报告 = Report on the development of household finance in rural China
Corey Keyes (2006)
Subjective Well-Being in Mental Health and Human Development Research Worldwide: An IntroductionSocial Indicators Research, 77
S. Rahman, Mirza Alam, S. Taghizadeh (2020)
Do mobile financial services ensure the subjective well-being of micro-entrepreneurs? An investigation applying UTAUT2 modelInformation Technology for Development, 26
L. Damodaran, C. Olphert, J. Sandhu (2013)
Falling Off the Bandwagon? Exploring the Challenges to Sustained Digital Engagement by Older PeopleGerontology, 60
P. Wamuyu (2014)
The Role of Contextual Factors in the Uptake and Continuance of Mobile Money Usage in KenyaThe Electronic Journal of Information Systems in Developing Countries, 64
Ja-Chul Gu, Sang-Chul Lee, Yung-Ho Suh (2009)
Determinants of behavioral intention to mobile bankingExpert Syst. Appl., 36
S. Masiero, S. Bailur (2021)
Digital identity for development: The quest for justice and a research agendaInformation Technology for Development, 27
William King, Jun He (2006)
A meta-analysis of the technology acceptance modelInf. Manag., 43
Alison Aughinbaugh, Deborah Figart, Peter Danner (2002)
Book reviewsForum for Social Economics, 31
Alhassan Karakara, E. Osabuohien (2021)
Threshold effects of ICT access and usage in Burkinabe and Ghanaian householdsInformation Technology for Development, 28
Lu Han, J. Xiao, Zhi Su (2018)
Financing knowledge, risk attitude and P2P borrowing in ChinaInternational Journal of Consumer Studies
Junghyung Kim, R. LaRose, Wei Peng (2009)
Loneliness as the Cause and the Effect of Problematic Internet Use: The Relationship between Internet Use and Psychological Well-BeingCyberpsychology & behavior : the impact of the Internet, multimedia and virtual reality on behavior and society, 12 4
Zhifeng Liu, X. Zhong, Tingting Zhang, Wenquan Li (2020)
Household debt and happiness: evidence from the China Household Finance SurveyApplied Economics Letters, 27
Wendy Olphert, L. Damodaran (2013)
Older People and Digital Disengagement: A Fourth Digital Divide?Gerontology, 59
Fred Davis (1989)
Perceived Usefulness, Perceived Ease of Use, and User Acceptance of Information TechnologyMIS Q., 13
Loretta Michaels, M. Homer (2018)
Regulation and Supervision in a Digital and Inclusive World
R. Conger, K. Conger, G. Elder, F. Lorenz, R. Simons, L. Whitbeck (1993)
Family economic stress and adjustment of early adolescent girls.Developmental Psychology, 29
Jiazhuo Wang, Hongwei Xu, Jun Ma (2015)
Risks in the Online Lending Industry
Gyudong Lee, Jaeeun Lee, Soonjae Kwon (2011)
Use of Social-Networking Sites and Subjective Well-Being: A Study in South KoreaCyberpsychology, behavior and social networking, 14 3
V. Venkatesh (2000)
Determinants of Perceived Ease of Use: Integrating Control, Intrinsic Motivation, and Emotion into the Technology Acceptance ModelInf. Syst. Res., 11
Lei-da Chen (2008)
A model of consumer acceptance of mobile paymentInt. J. Mob. Commun., 6
A. Kingiri, Xiaolan Fu (2019)
Understanding the diffusion and adoption of digital finance innovation in emerging economies: M-Pesa money mobile transfer service in KenyaInnovation and Development, 10
Mathias Hatakka, Jenny Lagsten (2012)
The capability approach as a tool for development evaluation – analyzing students’ use of internet resourcesInformation Technology for Development, 18
C. Clarke (2019)
Platform lending and the politics of financial infrastructuresReview of International Political Economy, 26
D. Arner, D. Zetzsche, Ross Buckley, J. Barberis (2018)
The Identity Challenge in Finance: From Analogue Identity to Digitized Identification to Digital KYC UtilitiesEuropean Business Organization Law Review, 20
A. Chatterjee (2020)
Financial inclusion, information and communication technology diffusion, and economic growth: a panel data analysisInformation Technology for Development, 26
I. Robeyns (2006)
The Capability Approach in PracticeJournal of Political Philosophy, 14
Christoph Bertsch, Carl-Johan Rosenvinge (2019)
FinTech credit: Online lending platforms in Sweden and beyond
Sang-Oun Lee, Ahreum Hong, Junseok Hwang (2017)
ICT diffusion as a determinant of human progress*Information Technology for Development, 23
B. Frey, A. Stutzer (2000)
Maximizing Happiness?German Economic Review, 1
Sonja Grabner-Kraeuter (2002)
The Role of Consumers' Trust in Online-ShoppingJournal of Business Ethics, 39
(2019)
An empirical analysis of rural farmers’ financing intention of inclusive finance in China: The moderating role of digital finance and social enterprise embeddedness, 119
P. Wamuyu (2015)
The Impact of Information and Communication Technology Adoption and Diffusion on Technology Entrepreneurship in Developing Countries: The Case of KenyaInformation Technology for Development, 21
Cecilia Cheng, Linus Chan, Chor-lam Chau (2020)
Individual differences in susceptibility to cybercrime victimization and its psychological aftermathComput. Hum. Behav., 108
Stacia West, Terri Friedline (2016)
Coming of Age on a Shoestring Budget: Financial Capability and Financial Behaviors of Lower-Income Millennials.Social work, 61 4
Yan Shen, Yiping Huang (2016)
Introduction to the special issue: Internet finance in ChinaChina Economic Journal, 9
I. Anusic, Stevie Yap, Richard Lucas (2014)
Does personality moderate reaction and adaptation to major life events? Analysis of life satisfaction and affect in an Australian national sample.Journal of research in personality, 5
I. Robeyns (2005)
The Capability Approach: a theoretical surveyJournal of Human Development, 6
J. Xiao, Barbara O'Neill (2018)
Propensity to plan, financial capability, and financial satisfactionInternational Journal of Consumer Studies
S. Madon, E. Schoemaker (2021)
Digital identity as a platform for improving refugee managementInformation Systems Journal, 31
M. Turshen (2001)
Development as FreedomJournal of Public Health Policy, 22
J. Xiao, Cheng Chen, Fuzhong Chen (2013)
Consumer Financial Capability and Financial SatisfactionSocial Indicators Research, 118
Stevie Yap, I. Anusic, Richard Lucas (2012)
Does Personality Moderate Reaction and Adaptation to Major Life Events? Evidence from the British Household Panel Survey.Journal of research in personality, 46 5
L. Dunn, Ida Mirzaie (2014)
Consumer Debt Stress, Changes in Household Debt, and the Great RecessionLabor: Demographics & Economics of the Family eJournal
T. Williams, D. Shepherd (2016)
Victim entrepreneurs doing well by doing good: Venture creation and well-being in the aftermath of a resource shockJournal of Business Venturing, 31
Jing He, Qinghai Li (2020)
Can online social interaction improve the digital finance participation of rural households?China Agricultural Economic Review, 12
R. Huang (2018)
Online P2P Lending and Regulatory Responses in China: Opportunities and ChallengesEuropean Business Organization Law Review, 19
S. Lohmann (2013)
Information Technologies and Subjective Well-Being: Does the Internet Raise Material Aspirations?ERN: Wealth
R. Baron, D. Kenny (1986)
The moderator-mediator variable distinction in social psychological research: conceptual, strategic, and statistical considerations.Journal of personality and social psychology, 51 6
G. Cobla, Eric Osei‐Assibey (2018)
Mobile money adoption and spending behaviour: the case of students in GhanaInternational Journal of Social Economics, 45
Monika Kukar‐Kinney, A. Scheinbaum, Tobias Schaefers (2016)
Compulsive buying in online daily deal settings: An investigation of motivations and contextual elementsJournal of Business Research, 69
E. Diener, Samantha Heintzelman, Kostadin Kushlev, L. Tay, Derrick Wirtz, L. Lutes, S. Oishi (2017)
Findings All Psychologists Should Know From the New Science on Subjective Well-BeingCanadian Psychology/Psychologie canadienne, 58
Rizwan Mushtaq, C. Bruneau (2019)
Microfinance, financial inclusion and ICT: Implications for poverty and inequalityTechnology in Society
P. Xie, Chuanwei Zou, Haier Liu (2016)
The fundamentals of internet finance and its policy implications in ChinaChina Economic Journal, 9
D. Potnis, Aakanksha Gaur, Jang Singh (2020)
Analysing slow growth of mobile money market in India using a market separation perspectiveInformation Technology for Development, 26
Yang Lu, S. Papagiannidis, E. Alamanos (2019)
Exploring the emotional antecedents and outcomes of technology acceptanceComput. Hum. Behav., 90
S. Mahapatra, A. Mishra (2021)
‘Crying over spilt milk?’ Effect of post‐consumption dissonance on coping behaviour for online purchasesInternational Journal of Consumer Studies
Li Gan, Jijun Tan, Zhichao Yin (2016)
Report on the Development of Household Finance in Rural China (2014)
V. Venkatesh, Michael Morris, G. Davis, Fred Davis (2003)
User Acceptance of Information Technology: Toward a Unified ViewInstitutions & Transition Economics: Microeconomic Issues eJournal
M. Sherraden (2013)
Building Blocks of Financial Capability
F. Kivunike, L. Ekenberg, M. Danielson, F. Tusubira (2011)
Perceptions of the role of ICT on quality of life in rural communities in UgandaInformation Technology for Development, 17
(2020)
Measuring China’s digital financial inclusion: Index
Ggombe Munyegera, Tomoya Matsumoto (2016)
Mobile Money, Remittances, and Household Welfare: Panel Evidence from Rural UgandaWorld Development, 79
Yiping Huang, Xue Wang, Xun Wang (2020)
Mobile Payment in China: Practice and Its Effects*Asian Economic Papers, 19
Changlin Wang (2014)
Antecedents and consequences of perceived value in Mobile Government continuance use: An empirical research in ChinaComput. Hum. Behav., 34
James Burroughs, A. Rindfleisch (2002)
Materialism and Well-Being: A Conflicting Values PerspectiveJournal of Consumer Research, 29
China Stock Market & Accounting Research Database (CSMAR). (2021)
W. Redmond (2000)
Consumer Rationality and Consumer SovereigntyReview of Social Economy, 58
Hermanus Smidt, Osden Jokonya (2021)
Factors affecting digital technology adoption by small-scale farmers in agriculture value chains (AVCs) in South AfricaInformation Technology for Development, 28
(2021)
Digital transformation in business and society (pp. 155–168)
Jia Li, Xiaochen Zhou (2021)
Internet use and Chinese older adults' subjective well-being (SWB): The role of parent-child contact and relationshipComput. Hum. Behav., 119
Hanna Lee, Jimin Lee, Namho Chung, C. Koo (2018)
Tourists’ happiness: are there smart tourism technology effects?Asia Pacific Journal of Tourism Research, 23
A. Akin (2012)
The Relationships Between Internet Addiction, Subjective Vitality, and Subjective HappinessCyberpsychology, behavior and social networking, 15 8
S. Mishra (2019)
Testing the antecedents to e-democracy towards citizens’ happiness: a structural equation modelling approach to ‘MyGov’ initiative, IndiaInternational Journal of Public Administration, 43
P. Cunha, P. Soja, Marinos Themistocleous (2021)
Blockchain for development: a guiding frameworkInformation Technology for Development, 27
Frederick Kanobe, P. Alexander, K. Bwalya (2017)
Policies, Regulations and Procedures and their Effects on Mobile Money Systems in UgandaThe Electronic Journal of Information Systems in Developing Countries, 83
(2021)
Annual data by province
Richard Williams (2006)
Generalized Ordered Logit/Partial Proportional Odds Models for Ordinal Dependent VariablesThe Stata Journal, 6
M. Nussbaum (2002)
Capabilities and Social JusticeInternational Studies Review, 4
Maike Luhmann, W. Hofmann, M. Eid, Richard Lucas (2012)
Subjective well-being and adaptation to life events: a meta-analysis.Journal of personality and social psychology, 102 3
Yingqin Zheng, G. Walsham (2008)
Inequality of what? Social exclusion in the e-society as capability deprivationInf. Technol. People, 21
B. Frey, A. Stutzer (1999)
Maximising Happiness?Microeconomic Theory eJournal
Irwan Trinugroho, P. Pamungkas, Jamal Wiwoho, S. Damayanti, Teddie Pramono (2021)
Adoption of digital technologies for micro and small business in IndonesiaFinance Research Letters
D. Clark
The Capability Approach: Its Development, Critiques and Recent Advances Gprg-wps-032
Milena Vučinić (2020)
Fintech and Financial Stability Potential Influence of FinTech on Financial Stability, Risks and BenefitsJournal of Central Banking Theory and Practice, 9
R. Easterlin (1974)
Does Economic Growth Improve the Human Lot? Some Empirical Evidence
R. Sugden (1986)
Commodities and CapabilitiesThe Economic Journal, 96
E. Lee, Byungtae Lee (2012)
Herding behavior in online P2P lending: An empirical investigationElectron. Commer. Res. Appl., 11
Digital finance is an innovative business that applies information technology in the financial industry. Although empirical research on digital finance for development has grown enormously during the last decade, studies about the relationship between digital finance and human development remain limited. To fill this gap, this study uses data from the China Household Financial Survey and Peking University Digital Financial Inclusion Index to examine the association between digital finance and happiness. Results show that the association between digital finance and happiness is negative. Mechanism analyzes suggest that digital finance is negatively associated with happiness through the increasing debt burden and overspending behavior. Further heterogeneous analyzes find that age, debt level, and trust degree can be moderators in the relationship between digital finance and happiness. The results have both academic and practical implications for improving digital finance business and human development.
Information Technology for Development – Taylor & Francis
Published: Jan 2, 2023
Keywords: Debt burden; digital finance; financial capability; happiness; human development; overspending
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.