Digital Inclusive Finance and Income Inequality——An Analysis Based on Urban Human Capital and Digital Divide Perspectives
The report of the 20th National Congress of the Communist Party of Chi-na proposed to increase the income of low-income people,expand the middle-income group,narrow the income gap and achieve common prosperity.Solving the problem of income inequality is the key to promoting common prosperity.This paper exam-ines the impact of digital inclusive finance on income inequality using data from the digital inclusive finance and the China Labor-force Dynamics Survey(CLDS).The findings are as follows:(1)Digital inclusive finance can reduce income inequality,while digital access gap and use gap in the digital divide can inhibit the role of digit-al inclusive Finance in alleviating income inequality;(2)Digital inclusive Finance reduces income inequality at the city level by increasing the level of urban human capital by easing credit constraints and promoting the equalization of educational and entrepreneurial opportunities;(3)The role of digital financial inclusion in alle-viating income inequality is heterogeneous across regions,income levels and city si-zes.The relevant research results provide a new research perspective for the study of the inclusive effect of promoting digital inclusive finance.
Digital Inclusive FinanceIncome InequalityHuman CapitalDigital Divide
万方数据
