普惠金融、数字基础设施对医药品出口的影响

Impact of Inclusive Finance and Digital Infrastructure on Pharmaceuticals Exports

国际贸易发展离不开金融支持,数字基础设施的完善对出口贸易增长产生重要影响。文章基于2011—2021年“一带一路”沿线39个国家的面板数据,实证检验普惠金融、数字基础设施对医药品出口的影响。研究表明,金融服务效用性和金融服务可得性对医药品出口有正向促进作用,普惠金融、数字基础设施对医药品出口有正向影响,数字基础设施的影响作用具有时滞性。此外,数字基础设施能增强普惠金融对医药品出口的正效应。异质性分析表明,高收入国家普惠金融和数字基础设施均能促进医药品出口,中低收入国家数字基础设施对医药品出口有正效应,而普惠金融对医药品出口会产生负效应。

The development of international trade can not be separated from support of finance,and the im⁃provement of digital infrastructure generates important impact on export trade growth.Based on the panel data of 39 countries along the“the Belt and Road”from 2011 to 2021,this paper empirically tests the impact of inclusive fi⁃nance and digital infrastructure on pharmaceuticals exports.The study finds that inclusive finance and digital infra⁃structure have a positive impact on the export of pharmaceuticals products,the utility of financial services and the availability of financial services have a positive role in promoting the export of pharmaceuticals products,and the im⁃pact of digital infrastructure is sometimes sluggish.Digital infrastructure can promote the positive effect of inclusive finance on pharmaceuticals exports.Heterogeneity analysis shows that inclusive finance and digital infrastructure in high-income countries can promote the export of pharmaceuticals,while digital infrastructure in middle-income and low-income countries has a positive effect on the export of pharmaceuticals,and their inclusive finance will have a negative effect on the export of pharmaceuticals.