在数字经济迅猛发展的背景下,深入研究中国产业数字金融如何促进经济增长意义重大。基于2012~2022年间覆盖全国31个省(市、自治区)的面板数据,构建产业数字金融综合评价指数,运用基准回归模型、工具变量法和中介效应模型,进行系统而严...在数字经济迅猛发展的背景下,深入研究中国产业数字金融如何促进经济增长意义重大。基于2012~2022年间覆盖全国31个省(市、自治区)的面板数据,构建产业数字金融综合评价指数,运用基准回归模型、工具变量法和中介效应模型,进行系统而严谨的实证分析。研究发现:中国产业数字金融能够显著促进经济增长;其通过促进技术创新、刺激居民消费和助推企业成长,为实现经济增长拓宽新的发展路径,即存在产业数字金融推动经济发展的创新、消费和融资渠道;在制造业相对发达、数字化程度较低、金融发展深度高,以及非西部地区,这种促进作用更为显著。这将为推动“数字中国”战略、坚持金融服务实体经济和出台数实融合政策助力经济高质量发展提供有益借鉴。Under the background of the rapid development of digital economy, it is of great significance to deeply study how China’s industrial digital finance promotes economic growth. Based on the panel data covering 31 provinces (municipalities and autonomous regions) from 2012 to 2022, a comprehensive evaluation index of industrial digital finance is constructed, and a systematic and rigorous empirical analysis is carried out by using benchmark regression model, instrumental variable method and intermediary effect model. It is found that China’s industrial digital finance can significantly promote economic growth, and it broadens a new development path for economic growth by promoting technological innovation, stimulating household consumption and promoting the growth of enterprises. That is, there are innovation, consumption and financing channels for industrial digital finance to promote economic development. In regions with relatively developed manufacturing industry, low degree of digitization, high depth of financial development, and non-western regions, this promoting role is more significant. This will provide a useful reference for promoting the “digital China” strategy, adhering to better financial services for the real economy and introducing digital-real integration policies to promote high-quality economic development.展开更多
文摘在数字经济迅猛发展的背景下,深入研究中国产业数字金融如何促进经济增长意义重大。基于2012~2022年间覆盖全国31个省(市、自治区)的面板数据,构建产业数字金融综合评价指数,运用基准回归模型、工具变量法和中介效应模型,进行系统而严谨的实证分析。研究发现:中国产业数字金融能够显著促进经济增长;其通过促进技术创新、刺激居民消费和助推企业成长,为实现经济增长拓宽新的发展路径,即存在产业数字金融推动经济发展的创新、消费和融资渠道;在制造业相对发达、数字化程度较低、金融发展深度高,以及非西部地区,这种促进作用更为显著。这将为推动“数字中国”战略、坚持金融服务实体经济和出台数实融合政策助力经济高质量发展提供有益借鉴。Under the background of the rapid development of digital economy, it is of great significance to deeply study how China’s industrial digital finance promotes economic growth. Based on the panel data covering 31 provinces (municipalities and autonomous regions) from 2012 to 2022, a comprehensive evaluation index of industrial digital finance is constructed, and a systematic and rigorous empirical analysis is carried out by using benchmark regression model, instrumental variable method and intermediary effect model. It is found that China’s industrial digital finance can significantly promote economic growth, and it broadens a new development path for economic growth by promoting technological innovation, stimulating household consumption and promoting the growth of enterprises. That is, there are innovation, consumption and financing channels for industrial digital finance to promote economic development. In regions with relatively developed manufacturing industry, low degree of digitization, high depth of financial development, and non-western regions, this promoting role is more significant. This will provide a useful reference for promoting the “digital China” strategy, adhering to better financial services for the real economy and introducing digital-real integration policies to promote high-quality economic development.
