Digital Finance,Industrial Structure Upgrading and Regional Innovation
The development of digital finance is conducive to promoting industrial structure upgrading and has become an important driving force for regional innovation.Based on the analysis of the impact mechanism between digital finance,industrial structure upgrading and regional innovation,the evaluation index system of regional innovation level is constructed,and the relationship between digital finance,industrial structure upgrading and regional innovation is empirically analyzed based on China's provincial panel data from 2011 to 2021.The result show that digital finance has a significant positive promoting effect on regional innovation,which can effectively improve the level of regional innovation;it has also a significant indirect effect on regional innovation,which can improve the level of regional innovation by promoting industrial structure upgrading.The results of heterogeneity analysis show that digital finance has a significantly better promoting effect on innovation in the eastern and central regions of China than in the western regions;the promoting effect of regional innovation is greater in regions with high levels of environmental regulation and labor force.
digital financeindustrial structure upgradingregional innovation
NETL
NSTL
万方数据
