Research on the Spatial Effect of Digital Inclusive Finance in Enabling the Development of the Real Economy
Digital inclusive finance ensures stable economic development by assisting vulnerable groups. This paper analyzes the direct and spatialpath of impact of digital inclusive finance on the development of the real economy, selects data from 30 provinces (municipalities and autonomous regions) in China from 2011 to 2020, and uses static and dynamic spatial Durbin models to empirically demonstrate the direct and spatial effects of digital inclusive finance on the real economy. It is found that digital inclusive finance has a positive effect on the real economy; in terms of space, digital inclusive finance suppresses the development of the real economy ofthe surrounding areas. The above conclusion still hold after robustness testing. Therefore, we should increase the investment and coverage of digital inclusive finance to promote high-quality development of the real economy.
Digital inclusive financeReal economySpatial Durbin model
万方数据
维普
