Digital Inclusive Finance Internet Penetration and Household Consumption
The development of Digital Inclusive Finance has an important impact on promoting household consumption and closing the consumption gap between urban and rural areas.Using the interprovincial panel data of 30 provinces in our country from 2011 to 2020,construct a two-factor fixed-effect model to analyze the impact and heterogeneity of Digital Inclusive Finance on household consumption level and urban-rural consumption gap,furthermore,the intermediary effect of Internet penetration in the process of influence is discussed.The study found that Digital Inclusive Finance had a stronger effect on overall household consumption in the eastern region than in the Midwestern Sectional Figure Skating Championships region,and had no significant impact on urban areas in the central region and rural areas in the Western Region,but the development of Digital Inclusive Finance in all regions can curb the urban-rural consumption gap.Internet penetration played a part in mediating the financial impact of Digital Inclusive Finance.Accordingly,this paper puts forward some policy suggestions on improving the construction of Digital Inclusive financial infrastructure,increasing the internet penetration rate and strengthening the education of financial basic knowledge.
digital pratt&whitney financehousehold consumption levelurban-rural household consumption gapinternet penetrationintermediary effect
NETL
NSTL
万方数据
