Impact of digital inclusive finance on high-quality development of foreign trade:theoretical mechanism and empirical test
The deep integration of digital inclusive finance and foreign trade has provided strong support and driving force for high-quality economic development.This paper empirically analyzes the impact of digital inclusive finance on the high-quality development of foreign trade based on the digital inclusive finance development index and the high-quality development index of foreign trade of 31 provinces in China from 2011 to 2020 with entropy method.It finds that digital inclusive finance contributes to the high-quality development of foreign trade through scientific and technological innovation and financial market development with a threshold of network technology.Heterogeneity analysis shows that the promoting effect is more significant in the eastern and southern regions.Digital inclusive finance has a spatial spillover effect on high-quality development of foreign trade,indicating that the development of digital inclusive finance in surrounding areas will improve the development level of local foreign trade.Based on this,it is necessary to strengthen the construction of digital infrastructure,push the deep integration of digital finance and real economy,and promote the high-quality development of China's foreign trade.
digital inclusive financehigh-quality development of foreign trademechanismthreshold modelspatial spillover
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