数字金融对中国城市经济高质量发展的影响  

Impact of Digital Finance on the High-quality Development of Urban Economy

作　　者：李涛 徐运保[3] LI Tao;XU Yunbao(Hebei University of Economics and Business,Shijiazhuang 050061;Hunan University of Engineering,Xiangtan 411104)

机构地区：[1]河北经贸大学经济学院,河北石家庄050061 [2]河北经贸大学京津冀协同发展河北省协同创新中心,河北石家庄050061 [3]湖南工程学院管理学院,湖南湘潭411104

出　　处：《首都经济贸易大学学报》2024年第5期17-31,共15页Journal of Capital University of Economics and Business

基　　金：河北省社会科学基金项目“数字经济背景下河北推动战略性新兴产业集群融合发展路径与对策研究”(HB23ZT043)。

摘　　要：数字金融作为数字化技术与传统金融服务结合的新型金融服务模式,通过影响金融资源配置对中国城市经济高质量发展产生重要作用。基于中国283个地级及以上城市2011-2021年的面板数据,构建计量模型,实证检验城市经济高质量发展与数字金融之间的关系。研究结果显示:(1)数字金融对城市经济高质量发展具有促进作用,但对邻近城市会产生不利影响。(2)受经济发展阶段和产业发展层次的影响,东部地区和大城市数字金融在促进经济高质量发展中起到了一定作用;中西部地区和中小城市数字金融对经济高质量发展的促进作用有限。(3)消费需求增长、产业结构优化和节能减排是数字金融影响城市经济高质量发展的作用机制,其中,产业结构优化的促进作用最大。为此,要推进数字金融基础设施建设,创新“数字金融+产业”的发展模式,加快欠发达地区发展数字金融的步伐,避免“数字金融鸿沟”扩大城市经济高质量发展差距。As a new business model combining big data and finance,digital finance has changed the development path of traditional finance and expanded the boundaries of financial services.Digital finance accurately and effectively connects financial resources with industrial demand,having a positive impact on the high-quality development of the urban economy.Based on the panel data of 283 prefecture-level cities in China from 2011 to 2021,this paper empirically tests the relationship between digital finance and the high-quality development of urban economy by constructing various forms of econometric models.Research results show that:(1)Digital finance has a significant promoting effect on the high-quality development of urban economy,but has adverse effects on neighboring cities.(2)Affected by the stage of economic development and the level of industrial development,digital finance in the eastern region and large cities plays a significantly positive role in promoting high-quality economic development,while the promotion effect is limited in the central and western regions and small and medium-sized cities.(3)The growth of consumer demand,optimization of industrial structure,and energy conservation and emission reduction are important pathways for digital finance to affect the high-quality development of the urban economy,among which the promotion effect of industrial structure optimization is the greatest.The potential marginal contributions of this paper are as follows.Firstly,constructing a spatial econometric model containing a multidimensional spatial weight matrix in both local and spatial dimensions,it systematically analyzes the impact of digital finance on the high-quality development of urban economy and conducts robustness tests on the results,enriching research on the impact of digital finance on economic development.Secondly,it reveals the mechanism by which digital finance affects the high-quality development of the urban economy and empirically tests the three paths of consumer demand growth,industrial struc

关 键 词：数字金融 城市经济 高质量发展 数字鸿沟 空间溢出 

分 类 号：F830.1[经济管理—金融学] F299.22