The Impact of Natural Resource Dependence and Digital Finance on High-Quality Economic Development
China's economy is changing from high-speed growth to high-quality development.How to promote the coordinated development of resources and economy in the context of digital finance is an important initiative to promote the high-quality economic development.Based on this,using the entropy weighting method and the linear weighting method,the index of the level of high-quality economic development of each province municipalitie and autonomous region is calculated with the economic date sample of 31 provinces,municipalities and autonomous regions in China from 2011 to 2021,and the individual fixed-effects model is constructed to carry out an empirical study to test the impact of natural resource dependence and digital finance on high-quality economic development.The results show that natural resource dependence has a negative impact on the high-quality economic development,while digital finance has a facilitating effect on the high-quality economic development and can reduce the negative impact caused by natural resource dependence,and the negative impact of digital finance on reducing natural resource dependence is heterogeneous.Therefore,the government relies on digital finance,emphasies sustainable development,reduces dependence on natural resources,promotes the construction of digital financial infrastructure,deepens the promoting role of digital finance on high-quality economic development,and uses digital finance to promote the transformation of the industrial structure and achieve high-quality economic development in China.
natural resource dependencedigital financehigh-quality economic development
NETL
NSTL
万方数据
