数字金融对成渝地区双城经济圈高质量发展的影响

Impact of Digital Finance on the High-quality Development of Chengdu-Chongqing Twin-City Economic Circle

作为国家重要的内陆开放新高地,成渝地区双城经济圈的高质量发展有赖于高效的金融服务。基于2011~2020年16个城市的面板数据,系统分析数字金融对成渝地区双城经济圈高质量发展的影响。结果显示:(1)根据综合指标体系估计结果,成渝地区双城经济圈高质量发展总体水平呈上升趋势,但表现出“双核驱动、两翼落后”的断层特征;(2)基准检验发现,数字金融能够有效推动成渝地区双城经济圈高质量发展,且数字金融使用深度的正向影响最大;分维度来看,数字金融对经济圈科技创新的影响最大,其次是改善生活环境和促进经济发展,而促进对外开放的作用有待提升;(3)中介效应检验发现,在数字金融影响成渝地区双城经济圈高质量发展的过程中,产业结构升级和消费需求改善是主要的传导路径;(4)从完善数字金融服务体系、促进差异化发展和健全市场机制三方面,就实现成渝地区双城经济圈高质量发展提出政策建议。

As an important and new opening inland,the high-quality development of Chengdu-Chongqing Twin-City Economic Circle depends on the efficient service of finance. Based on the panel data of 16 cities from 2011 to 2020,this paper systematically analyzes the impact of digital finance on the high-quality development of Chengdu-Chongqing Twin-City Economic Circle.The results are as follows:(1)according to the estimation results of the comprehensive index system,the overall level of highquality development in the Chengdu-Chongqing Twin-City Economic Circle is on the rise,while the fault characteristic of“dual core drive and two wings lag behind”are showed.(2)The benchmark test finds that digital finance can effectively promote the high-quality development of Chengdu-Chongqing Twin-City Economic Circle,and the depth of digital finance has the greatest positive impact;From the perspective of dimensionality,digital finance has the largest impact on the technological innovation of the economic circle,followed by improving the livable environment and promoting economic development,while the role of promoting the level of open-up needs to be improved.(3)The intermediate effect test shows that the upgrading of industrial structure and the improvement of consumer demand are the main transmission paths in the process of digital finance influencing the high-quality development of Chengdu-Chongqing Twin-City Economic Circle.(4)From three aspects of improving the digital financial service system,promoting the differentiated development and perfecting the market mechanism,we puts forward some suggestions to realize the high-quality development of Chengdu-Chongqing Twin-City Economic Circle.