数字金融对家庭创业决策的影响研究

Research on the Impact of Digital Finance on Family Entrepreneurial Decision

本文以2017年中国家庭金融调查(CHFS)作为数据来源,从微观角度出发,研究数字金融对家庭创业决策的影响。具体而言,本文将家庭创业决策分为创业行为决策和创业意向决策,研究发现数字金融对二者皆具有显著正向影响;通过异质性分析,发现数字金融对家庭创业决策的促进作用在男性、年轻以及城市样本中更加明显;进一步,本文对数字金融促进家庭创业决策的作用机制进行检验,发现该促进作用是通过缓解家庭资金约束、提高家庭信任水平和增强家庭风险偏好这三个机制来实现的。本文的研究有利于人们更好地从微观角度理解数字金融对家庭创业决策的积极作用,推动数字金融发展和提高家庭创业水平,进而促进我国经济发展。

Using the 2017 China Household Finance Survey(CHFS)as the data source,this paper studies the impact of digital finance on family entrepreneurship decisions from a micro perspective.Specifically,this paper divides family entrepreneurial decision into entrepreneurial behavior decision and entrepreneurial intention decision,and it is found that digital finance has a significant positive impact on both.Through heterogeneity analysis,it is found that the promoting effect of digital finance on family entrepreneurial decision is more obvious in male,young and urban samples.Furthermore,this paper identifies and tests the mechanism by which digital finance promotes family entrepreneurial decision-making,and finds that the promoting effect is realized through three mechanisms:easing family financial constraints,improving family trust level and enhancing family risk preference.The research findings of this paper will help people better understand the positive role of digital finance on family entrepreneurship decision-making from a micro perspective,and then promote the development of digital finance,improve the level of family entrepreneurship,and ultimately promote the national economic development.