数字普惠金融对农民收入增长的影响机理及实证分析

The Influence Mechanism and Empirical Analysis of Digital Inclusive Finance on Farmers'Income Growth

数字技术进步与运用为我国数字普惠金融发展带来新契机,该模式具有传统普惠金融所不具备的诸多优势,为解决“三农”问题提供新路径。文章基于2011—2019年我国省际面板数据,通过构建空间计量模型和双重门槛模型,实证检验数字普惠金融对农民收入增长的影响。结果表明:(1)数字普惠金融能促进农民收入增长,且在考虑内生性的情况下仍然成立。(2)数字普惠金融影响农民收入增长的过程中存在正向空间溢出效应,发展数字普惠金融不但有利于当地农民增收,还能促进邻近地区的农民收入增长。(3)数字普惠金融影响农民收入增长的过程中存在双重门槛,且在分别跨越两个门槛值后,数字普惠金融的增收效应均得到提升。(4)异质性检验表明,数字普惠金融覆盖广度和使用深度显著促进农民收入增长,数字化程度对农民收入增长存在一定抑制作用。

The progress and application of digital technology has brought a new opportunity for our development of digital inclusive finance.This model has many advantages that traditional inclusive finance does not have and provides a new way to solve the problem of"three rural areas".Based on the inter provincial panel data from 2011 to 2019,this paper empirically tested the impact of digital financial inclusion on farmers'income growth by constructing a spatial econometric model and a double threshold model.The results show that:(1)Digital financial inclusion can promote the income growth of farmers,and this conclusion still holds when endogeneity is considered.(2)There is a positive spatial spillover effect in the process of digital financial inclusion affecting the income growth of farmers.The development of digital financial inclusion is not only conducive to the income increase of local farmers,but also can promote the income growth of farmers in neighboring areas.(3)There is a double threshold in the process of digital financial inclusion affecting farmers'income growth,and after crossing the two threshold values,the income increasing effect of digital financial inclusion is improved.(4)Heterogeneity test shows that the coverage breadth and use depth of digital inclusive finance significantly promote the income growth of farmers,while the degree of digitalization has a certain inhibitory effect on the income growth of farmers.