数字普惠金融对经济与环境协调发展的影响研究——创新驱动的中介效应

Impact of Digital Inclusive Finance on the Coordinated Development of Economy and Environment:Mediating Effect of Innovation

基于2011—2019年我国280个城市面板数据,探究了数字普惠金融对经济与环境协调发展的影响。研究发现:(1)数字普惠金融显著促进了城市经济与环境的协调发展,且存在创新驱动的中介效应;(2)进一步将数字普惠金融指数分解发现,覆盖广度指数和使用深度指数均显著促进了城市经济与环境协调发展;(3)拓展性分析还发现数字普惠金融对城市经济与环境协调发展的影响存在地理区位、协调程度、金融监管力度、人力资本水平和传统金融禀赋特征的异质性。

Based on the panel data of 280 cities in China from 2011 to 2019,this paper explores the impact of digital inclusive finance on the coordinated development of the economy and environment.The results show that the development of digital inclusive finance has a promoting effect on the coordinated development of the urban economy and environment,and there is a significant mediating effect of innovation.By decomposing the digital inclusive financial index,the results show that the coverage breadth and use depth indexes significantly promote the coordinated development of the urban economy and environment.The extended analysis also finds that the impact of digital inclusive finance on the coordinated development of urban economy and environment is heterogeneous in geographical location,coordination degree,financial supervision,human capital,and traditional financial endowment characteristics.