Digital Financial Inclusion,Energy Efficiency and Economic Growth——PVAR Analysis based on Provincial Panel Data
Based on the Panel data of 30 provinces(cities and autonomous regions)in China from 2011 to 2019,this paper studies the dynamic relationship among digital Financial inclusion,energy efficiency and economic growth by building a PVAR model.The empirical results show that there is a certain interaction relationship between digital inclusive finance,energy efficiency,and economic growth,and their interac-tion relationship will change over time.There is a long-term promoting relationship between digital inclu-sive finance and economic growth that has a decreasing effect over time;There is a dynamic impact rela-tionship between digital inclusive finance and energy efficiency,which promotes short-term and suppresses long-term effects;There is a dynamic impact relationship between energy efficiency and digital inclusive fi-nance,which is short-term inhibition but long-term promotion.
digital financial inclusionenergy efficiencyeconomic growthPVAR model
万方数据
