Research on the Effect of Income Growth and Income Gap Reduction in Digital Inclusive Finance——Empirical Evidence from Xinjiang
Based on the theoretical analysis of urban-rural dual economic structure,financial development and income equality,this paper uses the panel data of Xinjiang prefectures from 2011 to 2019,and uses quantile regression and generalized spatial mod-el to study the heterogeneity and gap narrowing effect of digital inclusive finance in Xinjiang on the income growth of urban and ru-ral residents.The results show that digital inclusive finance has heterogeneity for the income growth of urban and rural residents,and the growth effect is different in different income levels;Digital inclusive finance has a narrowing effect on the urban-rural in-come gap,but the spatial spillover effect is not significant.The multi-dimensional study found that coverage and depth of use had significant effects on narrowing the urban-rural gap,but the spatial spillover effects were not significant.Accordingly,the following main policy recommendations are put forward:to accelerate the scale and speed of rural digital inclusive finance construction in border areas;Reasonably allocate financial resources and enhance the radiation effect of"one ring,one belt and one group"central cities on backward areas;We will accelerate modernization and promote the integrated development of urban and rural.areas.
digital inclusive financeincome gap between urban and rural areasquantile regression modelspatial econometric model
NETL
NSTL
万方数据
