数字普惠金融对区域创新的影响研究

Research on the Impact of Digital Inclusive Finance on Regional Innovation

以2011-2018年中国280个地级市为研究样本,实证研究数字普惠金融对区域创新的影响效应,以及不同的地区规模和营商环境在该影响机制下的调节作用。实证结果表明:数字普惠金融显著促进了区域创新。在通过剔除部分样本、替换被解释变量等方法进行稳健性检验后,结论仍然成立。此外,基于地区异质性检验表明:地区规模消极调节数字普惠金融对区域创新的影响;营商环境积极调节数字普惠金融对区域创新的影响。数字普惠金融促进区域创新的影响效应在中小规模地区和营商环境好的地区的调节效应更为显著。

Taking 280 prefecture level cities in China from 2011 to 2018 as research samples,this paper empirically studies the impact effect of digital inclusive finance on regional innovation and the regulatory effect of different regional scale and business environment under this impact mechanism.The empirical results show that digital inclusive finance significantly promotes regional innovation.After the robustness test by eliminating some samples and replacing the explained variables,the conclusion is still valid.In addition,the test based on regional heterogeneity shows that regional scale negatively regulates the impact of digital inclusive finance on regional innovation.The business environment actively regulates the impact of digital inclusive finance on regional innovation.That is,the impact effect of digital Inclusive Finance on promoting regional innovation is more significant in small and medium-sized areas and areas with good business environment.