On the Impact of Digital Inclusive Finance on Common Prosperity—Empirical Research Based on Spatial Measurement
Based on the general data of 30 provinces from 2011-2021,this paper uses fixed effect model,spatial econometric model and intermediary model to study the impact and mechanism of digital inclusive finance on common prosperity.The results show that digital inclu-sive finance has a significant positive effect on improving the income level of residents,narrowing the income gap,and promoting common prosperity;there is a significant gap in economic devel-opment between provinces in China,and digital inclusive finance has a significant negative spatial spillover effect on common prosperity,with regional and structural heterogeneity in its impact;e-conomic growth and technological innovation have a mediating effect on common prosperity.Eco-nomic growth improves social welfare levels,while technological innovation promotes equalization of public services,which is conducive to achieving common prosperity.
digital inclusive financecommon prosperityeconomic growthtechnological in-novation