Digital Inclusive Finance,Farmers'Income and Common Prosperity
Digital inclusive finance can alleviate rural financial difficulties and become an important way to consolidate the results of poverty alleviation and realize common prosperity.Based on 280 prefecture and city-level panel data in China from 2013 to 2022,the mechanism,nonlinear relationship,and spatial spillover effect of digital inclusive finance on common wealth are empirically examined.The study shows that the level of common wealth between regions in China shows a significant positive spatial correlation,and there is no significant change in the pattern of agglomeration during the sample examination period,with significant spatial agglomeration.Mechanism analysis shows that digital financial inclusion has a significant positive effect on common wealth,and farmers'income increase plays a mediating role in the relationship between digital financial inclusion and common wealth.Positive impacts of digital financial inclusion have non-linearly increasing marginal effects,and farmers'increased incomes can moderate the non-linear spillover effects of digital financial inclusion.The positive impact of digital financial inclusion on shared prosperity is characterized by spatial spillovers,and it shows regional heterogeneity of"East>Central>West".The realization of shared prosperity can be accelerated by prioritizing the development of digitally inclusive finance,striving for coordinated regional development,and adequately boosting farmers'income.
digital inclusive financecommon prosperitynon-linear modelspoverty alleviation
NETL
NSTL
万方数据
