Analysis of the Impact and Mechanism of Digital Finance Development on Regional New Quality Productive Forces
Accelerating the formation of new quality productive forces is important in the new era,and digital finance provides a new perspective on high-quality development.This paper adopts data from 286 cities in China from 2011 to 2021,to measure and ana-lyze the current situation of regional new quality productive forces,and empirically examines the impact and mechanism of digital fi-nancial development on regional new quality productive forces.Conclusions suggest that digital finance development can accelerate the formation of new quality productive forces,and the mechanisms are enhancing entrepreneurial activity and optimizing industrial structure.Further analysis shows that digital finance is more effective in supporting technology productive force.The digital finance is constrained by the digital divide in marginalized areas and cities with a weaker economic base.
New Quality Productive ForcesDigital FinanceHigh-Quality DevelopmentEntropy Weight Method