数字普惠金融与金融服务实体经济效率提升  

Inclusive Digital Finance and the Efficiency of Finance in Supporting the Real Economy

作　　者：陆凤芝 王群勇[2] Lu Fengzhi;Wang Qunyong

机构地区：[1]安徽大学经济学院,安徽合肥230601 [2]南开大学经济行为与政策模拟实验室,天津300071

出　　处：《南开学报（哲学社会科学版）》2022年第3期34-47,共14页Nankai Journal:Philosophy,Literature and Social Science Edition

基　　金：教育部哲学社会科学实验室专项资金项目(2022108);安徽省社会科学创新发展研究课题攻关项目(2021CX026)。

摘　　要：利用2011—2019年中国30个省、市、自治区的面板数据,实证考察数字普惠金融对金融服务实体经济效率的影响结果表明:(1)数字普惠金融可以显著促进金融服务实体经济效率的提升,经过内生性问题处理及稳健性检验后,该研究结论仍然成立。(2)在东部地区、市场化程度较高地区,数字普惠金融对金融服务实体经济效率的提升作用得到有效验证;在中、西部地区和市场化程度较低地区,这一影响并不显著。(3)数字普惠金融可以通过技术创新与金融要素重塑促进金融服务实体经济效率提升。(4)考虑空间因素后,数字普惠金融仍可以显著促进本地区金融服务实体经济效率提升。研究结论为更好地推进数字普惠金融发展,提升金融服务实体经济效率提供了可靠的经验证据与决策依据。Using panel data from 30 provinces in China from 2011 to 2019, this paper empirically tests the impact of inclusive digital finance on the efficiency of finance in supporting the real economy. Findings exhibit the following. (1)Inclusive digital finance can significantly improve the efficiency of finance in supporting the real economy. After endogenous problem treatment and a robustness test, the conclusion is still valid. (2) In China’s eastern regions and the regions with high degrees of marketization, the role of inclusive digital finance in improving the efficiency of finance in supporting the real economy has been effectively verified. In the mid-west and low marketization areas, the impact of inclusive digital finance on the efficiency of finance in supporting the real economy is not significant. (3) Inclusive digital finance can promote the efficiency of finance in supporting the real economy through technological innovations and by remodeling financial elements. (4) After considering the spatial factors, inclusive digital finance can still significantly improve the efficiency of finance in supporting the real economy. This paper lays a theoretical and empirical foundation, as well as providing a decision-making basis for the development of inclusive digital finance and the promotion of financial efficiency in supporting the real economy.

关 键 词：数字普惠金融 金融服务实体经济效率 面板数据 机制检验 

分 类 号：F832[经济管理—金融学]