Based on the data of China's Family Panel Studies(CFPS)and the Digital Inclusive Finance Index,this paper systematically studies the impact of collectivism and the level of digital inclusive finance on the consump-tion behavior of Chinese households.The results show that:the development of digital inclusive finance has signifi-cantly improved the level of household consumption.With the development of digital financial inclusion,households can enjoy diversified financial services in a fairer and more convenient way,and consumption has been promoted.The effect of collectivism orientation on different types of consumption is different.The influence of collectivism on subsistence consumption and development consumption is positive,while the influence of collectivism on enjoyment consumption is negative.In addition,the heterogeneity analysis shows that the consumption difference between urban and rural areas and the consumption difference between different income levels are still widespread.
关键词
数字普惠金融/集体主义/居民消费
Key words
Digital inclusive finance/Collectivism orientation/Household consumption
万方数据