The Impact of Digital Finance Level on New Urbanization:Based on Provincial Panel Data
Based on provincial panel data in China from 2011 to 2021,a statistical indicator system is constructed to measure the level of new urbanization.a panel fixed effects model is used to analyze the impact of digital finance on the development of new urbanization.The results indicate that the level of digital finance has a significant promoting effect on new urbanization,the breadth,depth of use,and degree of digitization of digital finance also have a significant promoting effect on new urbaniza-tion.The level of digital finance in different regions has a significant promoting effect on new urbanization,with the difference in the degree of influence.Among them,the central region has the greatest promoting effect,while the eastern region has the smallest effect.Therefore,suitable development policies should be formulated based on regional differences,and a multi-level digital financial service system should be constructed to promote the development of new urbanization.
digital inclusive financenew urbanizationpanel fixed effect model
NETL
NSTL
万方数据
