数字普惠金融对共同富裕的影响研究--基于中介效应和门槛效应的检验

Research on Impact of Digital Financial Inclusion on Common Prosperity--Test Based on Intermediary Effect and Threshold Effect

基于31个省(市、自治区)面板数据,从“发展性、共享性和可持续性”构建共同富裕指标体系,建立双向固定效应、中介效应和门槛效应模型,研究数字普惠金融对共同富裕的影响。结果表明:数字普惠金融显著推进共同富裕的实现,并通过提高信贷水平促进共同富裕;在东中部的影响效果强于西部,影响强度也随经济发展水平的增长而提升;存在数字普惠金融和信贷水平门槛效应。提出完善基础建设、持续金融产品供给,充分发挥市场在资源配置中的作用、实现要素合理充分流动的建议。

Based on the panel data of 31 provinces(municipalities and autonomous regions),the index system of common prosperity is constructed from the perspective of“development,sharing and sustainability”,the two-way fixed effect,intermediary effect and threshold effect models are established to study the impact of digital financial inclusion on common prosperity.The results show that:digital inclusive finance significantly promotes the realization of common prosperity,and promotes common prosperity by improving credit level.In the east and middle,the effect is stronger than that in the west,and the intensity of the effect increases with the increase of the level of economic development.There are digital financial inclusion and credit level threshold effects.Suggestions are put forward to improve infrastructure construction,maintain the supply of financial products,give full play to the role of the market in resource allocation,and realize the reasonable and sufficient flow of factors.