Table 6 The treatment effect by using coverage_breadth or usage_deepth to replace digital inclusive finance.
(1) Financial coverage breadth | Mean outcome | ATT | Change (%) | |
In NRECDP | Not in NRECDP | |||
9.133 (0.005) | 8.949 (0.006) | 0.185*** (0.008) | 20.32% | |
(2) Financial usage deepth | Mean outcome | ATT | Change (%) | |
In NRECDP | Not in NRECDP | |||
9.139 (0.006) | 8.974 (0.006) | 0.166*** (0.008) | 18.05% | |