The Impact of Digital Financial Inclusion on Common Prosperity in Jiangsu Province
Exploring the impact of digital financial inclusion on common prosperity in Jiangsu province is of great significance to comprehensively promote the new practice of Chinese-style modernization in Jiangsu.The article selects relevant data from 13 prefecture-level cities of Jiangsu from 2013 to 2022,uses the entropy method to measure the common prosperity index of each prefecture-level city,and builds a model to empirically test the impact of digital financial inclusion on the common prosperity in Jiangsu.According to the research,digital financial inclusion and its three sub-dimensions have a significant positive impact on common prosperity;Regional heterogeneity analysis indicates that digital financial inclusion in the three regions of in southern,central,and northern Jiangsu can significantly promote common prosperity,but the magnitude of the role of different regions varies;And the mediation effect analysis concludes that digital financial inclusion indirectly promotes common prosperity by alleviating financing constraints and encouraging technological innovation.Based on the results of the research,it is recommended for Jiangsu to comprehensively deepen the development of digital financial inclusion and implement differentiated strategies that take into account the unique features of each region in Jiangsu;Financial institutions should take advantage of digital technology to alleviate financing constraints and promote technological innovation in order to solidly promote common prosperity in high-quality development.
digital financial inclusioncommon prosperityentropy methodmediation effectJiangsu province
万方数据
维普
