数字普惠金融与等值规模调整的居民家庭福利

Digital financial inclusion and household benefits adjusted by equivalent scale

针对等值规模调整后居民家庭福利问题,采用中国家庭追踪调查(China family panel studies, CFPS)家庭面板数据,应用中介模型、调节模型及门槛模型,分析和检验数字普惠金融对居民家庭福利直接作用和间接作用.研究结果表明:1)数字普惠金融及其维度覆盖广度和数字化程度对居民家庭福利水平具有显著正向作用;2)在创业活跃度的中介作用下,数字普惠金融对居民家庭福利水平具有显著的正向影响;3)在数字网络基础设施的调节作用下,数字普惠金融对居民家庭福利水平具有显著的正向影响;4)数字普惠金融和创业活跃度具有门槛效应,且数字普惠金融对居民家庭福利的提升存在边际效益递减现象.

Aiming at the problem of household welfare after adjustment of equivalent scale, in this paper, by using China family panel stuadies(CFPS) household panel data and applying intermediary model, regulation model and threshold model, the direct and indirect effects of digital inclusive finance on household welfare are analyzed and tested.The results show that: 1) Digital financial inclusion, its dimensional coverage breadth and digitalization degree have a significant positive effect on the welfare level of residents’ households;2) Under the mediating role of entrepreneurial activity, digital inclusive finance has a significant positive impact on the welfare level of residents’ families;3) Under the regulation of digital network infrastructure, digital inclusive finance has a significant positive impact on the welfare level of residents’ families;4) Digital inclusive finance and entrepreneurial activity have a threshold effect,and there is a phenomenon of diminishing marginal benefits of digital inclusive finance on the improvement of household welfare.