数字普惠金融、产业结构升级与新型城镇化

Digital Inclusive Finance,Industrial Structure Upgrading and New Urbanization

新型城镇化是保持经济持续健康发展的强大引擎。在“十四五”时期,中国的经济发展进入新阶段,新型城镇化的建设也迈上新征程。与传统的城镇化不同,新型城镇化发展的效率更高,更加以人为本,更绿色集约。数字普惠金融能带来人口素质提升、金融服务可获得性增强和产业结构优化,这与新型城镇化的内涵高度统一。同时,产业结构优化也能促进传统城镇化向新型城镇化转型。通过分析数字普惠金融、产业结构升级和新型城镇化之间的影响机制,选取2011—2019年各地级市的宏观数据和北京大学数字普惠金融指数,结合中介效应模型实证检验数字普惠金融对新型城镇化的直接和间接影响。实证结果显示第一,数字普惠金融能够显著地提升新型城镇化发展水平。第二,数字普惠金融通过提升产业结构升级来促进新型城镇化。第三,前述中介效应在中西部地区表现得比在东部地区明显。因此,在新型城镇化发展的新征程中,不仅要加快产业结构的升级优化,还要大力发展中西部地区的数字化基础设施建设。

New urbanization is a powerful engine to maintain sustained and healthy economic development.During the“14th Five Year Plan period”,China’s economic development enters a new stage,so the construction of new urbanization also embarks on a new journey.Different from traditional urbanization,the development of new urbanization is more efficient,more“people-oriented”and more green and intensive.Digital inclusive finance can improve the quality of the population,enhance the availability of financial services and optimize the industrial structure.At the same time,industrial structure optimization can also promote the transformation from traditional urbanization to new urbanization.Therefore,it is of great significance to explore the relationship between digital Inclusive Finance,industrial structure upgrading and new urbanization.Firstly,this paper analyzes the impact mechanism between digital Inclusive Finance,industrial structure upgrading and new urbanization,and then selects the macro data of local cities from 2011 to 2019 and the digital inclusive finance index of Peking University to empirically test the direct and indirect impact of digital Inclusive Finance on new urbanization combined with the intermediary effect model.It shows that:(1)Digital inclusive finance can significantly improve the development level of new urbanization;(2)Digital inclusive finance promotes new urbanization by upgrading the industrial structure;(3)Further study found that the above intermediary effect is more obvious in the central and western regions than in the eastern region.Therefore,in the new journey of the development of new urbanization,we should not only accelerate the upgrading and optimization of industrial structure,but also vigorously develop the digital infrastructure construction in the central and western regions.