数字金融、科技创新与实体经济增长

Digital Finance,Technological Innovation and Real Economic Growth

该文选取2013—2022年31个省份的面板数据,利用空间杜宾模型研究数字金融对实体经济增长的空间溢出效应,同时构建中介效应模型,将科技创新纳入数字金融与实体经济增长的研究框架,进一步分析其传导机制。结果表明:实体经济的增长和数字金融之间具有显著的空间依赖性;数字金融水平的提高可以有效促进实体经济的增长,但本地区数字金融的发展对邻接地区的实体经济增长产生负向影响;数字金融可以通过促进科技创新来拉动实体经济的增长。因此,要坚持推进数字金融的发展,加大数字金融对科技创新的支持作用,从而更好地促进我国实体经济的增长。

This paper selects the panel data of 31 provinces from 2013 to 2022 and uses the spatial Dubin model to study the spatial spillover effect of digital finance on the growth of the real economy,and constructs an intermediary effect model to incorporate scientific and technological innovation into the research framework of digital finance and real economic growth,and its transmission mechanism is further analyzed.The results show that there is a significant spatial dependence between the growth of real economy and digital finance;the improvement of the level of digital finance can effectively promote the growth of the real economy,but the development of digital finance in this region has a negative impact on the growth of the real economy in the neighboring regions;digital finance can promote the growth of the real economy by promoting technological innovation.Therefore,we should continue to promote the development of digital finance and increase its support for scientific and technological innovation so as to better promote the growth of China’s real economy.