Accelerating the development of financial technology is an important starting point for optimizing the allocation of financial factors and promoting common prosperity.Taking Chinese cities at the prefecture level and above from 2011 to 2019 as samples,this paper empirically tested the effect of fintech development on the urban-rural common prosperity and its mechanism by using manually searched urban and rural panel data.The research shows that the improvement of the fintech level will promote the urban-rural common prosperity,and the dimensions of geographical location,informatization level,and wealth level show heterogeneity.The mechanism analysis results show that financial marketization and inclusive finance are the mechanisms by which the fintech development affects the urban-rural common prosperity.The expanded research results based on the triple perspectives of regional,urban-rural,and opportunity equity show that the development of fintech can not only effectively drive balanced regional growth and urban-rural development,but also promote opportunity equity,and the"science and technology dividend"can be effectively released.This paper helps to systematically reveal the impact of fintech development on the urban-rural common prosperity and provides theoretical basis and policy inspiration for deepening fintech innovation,optimizing the allocation of financial factors,and promoting common prosperity.
FintechUrban-rural Common ProsperityFinancial MarketizationInclusive Finance
万方数据
维普
