数字普惠金融的共同富裕效应研究——兼论社会保障的门槛效应

Research on the Common Prosperity Effect of Digital Financial Inclusion——Also on the Threshold Effect of Social Security

数字普惠金融对助力共同富裕发挥着重要的作用,社会保障水平不同对数字普惠金融的共同富裕效应也存在差异。本文利用2011—2020年31个省份的统计年鉴数据,构建指标体系测度了各省份的共同富裕水平,实证分析了数字普惠金融对共同富裕的影响以及社会保障的门槛效应。结果表明:数字普惠金融促进了中国各省份的共同富裕水平提升,且其覆盖广度和数字化程度维度均显著促进了共同富裕;数字普惠金融对共同富裕水平越低的省份促进作用越明显;数字普惠金融影响共同富裕存在异质性社会保障门槛效应;对于收入水平较低或者消费水平较高的省份,数字普惠金融的共同富裕效应更明显。因此,提出政策建议:全面推进金融基础设施均等化;以共同富裕的发展水平为依据,采取差异化的数字普惠金融发展政策;推动数字普惠金融与保险行业的深度融合;对重点人群和地区的保险业务采取精准化帮扶;发挥普惠金融对低收入领域的活水作用,优化消费观念。

Digital inclusive finance plays an important role in promoting common prosperity,and different levels of social security have different effects on the common prosperity of digital inclusive finance.Based on the statistical yearbook data of 31 provinces from 2011 to 2020,this paper constructs an index system to measure the common prosperity level of each province,and empirically analyzes the influence of digital inclusive finance on common prosperity and the threshold effect of social security.The results show that digital financial inclusion promotes the level of common prosperity in all the provinces of China,and its coverage and digital degree also significantly promote common prosperity.The lower common prosperity level is,the more obvious digital financial inclusion’s role in promoting common prosperity is.The influence of digital inclusive finance on common prosperity has a heterogeneous social security threshold effect.For provinces with low income levels or high consumption levels,the role of digital financial inclusion in promoting common prosperity is more significant.Based on the research conclusions,we put forward policy recommendations:comprehensively promoting the equalization of financial infrastructure;adopting differentiated digital inclusive financial development policies according to the development level of common prosperity;promoting the in-depth integration of digital financial inclusion and insurance industry;adopting precise assistance for insurance business in key groups and regions;strengthening the role of digital financial inclusion in low-income areas and optimizing consumption mindset.