New quality productivity is the new driving force to promote high-quality financial development under the background of Chinese modernization.The innovation of new quality productivity changes the traditional financial model,and builds financial new quality productivity with technological innovation as the core,which becomes an effective means to achieve high-quality financial development.Based on China's provincial panel data from 2011 to 2022,this paper conducts an empirical study on how new quality productivity affects high-quality financial development,and draws the following conclusions:First,the improvement of new quality productivity has a positive promoting effect on high-quality financial development;Second,resource allocation efficiency plays an intermediary role in the process of new quality productivity promoting high-quality financial development;Third,the improvement of high-quality financial development by new quality productivity has regional heterogeneity and non-state-owned economic threshold effect.In order to promote high-quality financial development,it is recommended to improve high quality productivity,establish a national strategic thinking of unified development,and continue to promote the deepening reform of state-owned enterprises.
new quality productivityfinancial high-quality developmentresource allocation efficiency
维普
万方数据
