Research on the Effect of Digital Inclusive Finance on the Common Prosperity in China
Based on provincial panel data from 2011 to 2021,this paper uses the two-way fixed effect model and threshold effect model to study the impact of digital inclusive finance on the common prosperity in China.The results indicate that the improvement of the level of digital inclusive finance is conducive to the realization of China's common prosperity process,but there exists obvious regional heterogeneity.The promoting effect of digital inclusive finance on common prosperity in the western region is greater than that in the eastern region.There is a positive correlation between the breadth,depth of digital finance coverage and common prosperity,and the promotion effect on common prosperity is significantly enhanced after the corresponding threshold vari-able reaches a certain value;while the degree of digitalization of inclusive finance is negatively correlated with common prosperity,but it will have a significant positive impact on common prosperity when it reaches a certain level.
digital inclusive financecommon prosperitythreshold effectempirical research