Impact of Western Digital Inclusive Finance on High Quality Development of Regional Economy:Testing Based on Spatial Spillover and Mediating Effects
The impact of digital inclusive finance on high-quality regional economic development through benchmark regression,robustness testing,spatial econometrics,and mediation effects models is studied based on panel data from the western region from 2011 to 2023.The following results are achieved:(1)Digital inclusive finance has a significant promoting effect on high-quality regional economic development,but there is regional heterogeneity.The marginal contribution of digital inclusive finance to high-quality economic development is more significant in low-level areas;(2)Digital inclusive finance has a positive spatial spillover effect on the high-quality development of the western economy;and(3)Technological innovation plays a mediating role in promoting high-quality economic development through digital inclusive finance.The countermeasures and suggestions to improve the development level of digital inclusive finance in the western region and promote high-quality economic development are proposed based on the empirical results.
digital inclusive financehigh quality economic developmentspillover effectmediating effect
NETL
NSTL
万方数据
