On Digital Financial Inclusion Promoting High-quality Economic Development Based on the Empirical Data of 26 Prefecture—level Cities in the Yangtze River Delta Urban Agglomeration
Based on the panel data of 26 prefecture-level cities in the Yangtze River Delta city cluster from 2011 to 2020,the entropy method is used to construct the high-quality economic development index,and the two-way fixed effect model is used to explore the impact of digital inclusive finance on high-quality economic development.It is found that digital financial inclusion has a significant promoting effect on high-quality economic development on the whole,and with the change of human capital and innovation level,this promoting effect shows nonlinear characteristics.The upgrading of industrial structure plays an intermediary role in the transmission process of digital inclusive finance promoting high-quality economic development.The role of digital financial inclusion in promoting high-quality economic development is heterogeneous due to different levels of urban economic development.The paper comes up with the proposal of digital finance expansion and speeding up human capital accumulation to propel the high-quality economic development in the Yangtze River Delta.
digital financial inclusionthe Yangtze River Delta urban agglomerationfixed effect model
NETL
NSTL
万方数据
