Research on the Impact of Digital Financial Inclusion on Residents'Consumption
Based on the panel data of 31 provincial units across the country,the impact of the development of digital inclusive finance in China on residents'consumption is examined.The empirical results show that the development of digital financial inclusion has significantly increased residents'consumption expenditure.Compared with the central and western regions,the impact on the eastern region is more obvious,and its residents have a greater reflection of the development of digital financial inclusion.When the social environment and economic indicators are compatible with the development of digital financial inclusion,the positive effect of stimulating residents'consumption will be amplified.Based on the results of the study,suggestions such as increasing government support,eliminating regional differences,and strengthening market regulation in order to achieve the long-term sustainable development of digital inclusive finance are proposed.
digital financial inclusionresident consumptionempirical analysis
NETL
NSTL
万方数据
