Study on the Threshold Effect of Digital Inclusive Finance on the Upgrading of County Industrial Structure:Taking Guiyang City as an Example
Based on the panel data of 10 districts and counties in Guiyang,Guizhou Province from 2016 to 2021,this paper uses a threshold model to investigate the relationship between digital inclusive finance and the upgrading of county industrial structure.The results show that the coverage of digital inclusive finance and the level of county economic growth play a single threshold effect and a double threshold effect between digital inclusive finance and the upgrading of county industrial structure,respectively.When the coverage breadth of digital inclusive finance exceeds the threshold value of 1.032 8,digital inclusive finance has a significant positive effect on the upgrading of county industrial structure.When the level of county economic growth is between 14.482 4 and 15.692 7,the effect of digital inclusive finance on the upgrading of county industrial structure is significantly enhanced.
digital inclusive financethe upgrading of county industrial structurethreshold effect model