The Spatial Spillover Effect of Digital Inclusive Finance on Regional Economic Growth in Central China
In the context of regional imbalance in China's economic development,it is of theoretical and practical significance to study the spatial spillover effect of digital Inclusive Finance on regional economic growth.Based on the data of 80 prefecture-level cities in central China from 2011 to 2021,the results of empirical analysis of spatial econometrics model show that:First,there is spatial agglomeration in the development of digital inclusive finance and economic growth,and the two show a significant positive spatial correlation overall.Second,the development of digital financial inclusion can drive economic growth in the region.Third,the development of digital financial inclusion will have a negative spatial spillover effect on economic growth,that is,the development of digital financial inclusion hinders the economic growth of neighboring regions.Finally,based on the above conclusions,this paper puts forward corresponding policy recommendations:First,strengthen the construction of digital inclusive financial infrastructure and popularize financial knowledge.Second,deepen regional financial cooperation.The third is to formulate industry entry guidelines and increase corresponding subsidies.Fourth,promote the upgrading of industrial structure.Fifth,strengthen risk supervision and protect the legitimate rights and interests of customers.
Digital Financial InclusionEconomic GrowthSpatial Spillover EffectsSpatial Econometric Model
NETL
NSTL
万方数据
