普惠金融指数测度及减贫效应研究

Measurement of Inclusive Finance Index and Poverty Alleviation Effect

本文构建并测算中国各省级区域2005—2013年的普惠金融指数,并结合包容性增长指数,进行普惠金融对贫困减缓作用机制的实证检验。研究发现,普惠金融总体上是有利于贫困减缓的,普惠金融指数的变化可以解释贫困减缓变化的15%,普惠金融三个维度指数(宏观、银行、保险)的变化分别能够解释贫困减缓变化的15%、10%、13%。同时,普惠金融还通过促进包容性增长间接作用于贫困减缓,普惠金融对包容性增长会起到促进作用,而包容性增长的变化能够解释贫困减缓变化的24%。

This paper investigates the effect of inclusive finance on poverty alleviation with the panel data of China from 2005 to 2013, based on the measurement of inclusive finance and inclusive growth. The results suggest that inclusive finance helps to alleviate poverty on the whole, and the change of inclusive financial indices can explain the change of poverty alleviation by 15%, while the three dimensions of inclusive finance（ macro finance, banking and insurance） can explain the change by 15%, 10% and 13%. In addition, inclusive finance also indirectly affects poverty through inclusive growth. Inclusive finance promotes the development of inclusive growth, while the change of inclusive growth can explain the change of poverty alleviation by 24%.