The rapid development of digital finance has had a huge impact on economic growth.This paper summarizes and sorts out,by using panel data of 210 important cities across the country,the impact mechanism of digital finance on economic growth:promoting loan business and resident consumption,enriching the business system of the financial industry,improving the allocation efficiency of financial resources and reducing transaction costs.The results show that digital finance does have a significant impact on economic growth,and that economic growth will increase by 0.26％for every 1％increase in digital finance.Based on this,some meaningful and constructional countermeasures and suggestions are puts forward.
NETL
NSTL
万方数据
维普
