A Study of the Impact and Mechanism of Digital Inclusive Finance Promoting the Urban-Rural Shared Prosperity in China in the Perspective of New-quality Productivity
Digital inclusive finance has become an accelerator for bridging the gap between the urban development and the rural devel-opment and solidly promoting the urban-rural shared prosperity in China because it can provide more equal and convenient credit fi-nancing opportunities and lower the threshold for financial services.Based on the panel data from 30 provinces of China from 2012 to 2022,this article uses a spatial econometric model system to examine the logical relationship between digital inclusive finance and ur-ban-rural shared prosperity.The empirical analysis results indicate that there is a spatial correlation between digital inclusive finance and urban-rural shared prosperity.Digital inclusive finance can not only effectively promote the urban-rural shared prosperity in a given region,but also positively promote the urban-rural shared prosperity in the neighboring regions.The heterogeneity test results indicate that the promotion effect of digital inclusive finance on the urban-rural shared prosperity is more significant in the eastern re-gion of China as well as in the areas with a low level of elements mismatch.The test results of the transmission mechanism confirm that digital inclusive finance can effectively promote the development of new-quality productivity,thereby promoting the urban-rural shared prosperity.The further test results of moderating effects indicate that with financial regulation gaining momentum steadily,the positive impact of digital inclusive finance on the urban-rural shared prosperity is becoming stronger gradually.The research results have much enlightening significance for empowering the development of new-quality productivity and promoting the urban-rural shared prosperity.
digital inclusive financefinancial supervisionurban-rural shared prosperitynew-quality productivity
NETL
NSTL
万方数据
