数字普惠金融对农村居民消费韧性的影响研究  

A Study of the Impact of Digital Financial Inclusion on the Consumption Resilience of Rural Residents

作　　者：张伟[1] 黄子祺 Zhang Wei;Huang Ziqi(School of Economics,Zhengzhou University of Aeronautics,Zhengzhou 450046,Henan,China)

机构地区：[1]郑州航空工业管理学院经济学院,河南郑州450046

出　　处：《金融发展研究》2024年第8期55-64,共10页Journal Of Financial Development Research

基　　金：国家社会科学基金项目“数字乡村建设重构乡村‘产业—人口—资源’格局的机制与效应研究”(22BJY081)。

摘　　要：提升农村居民消费韧性,激发农村消费潜力,已经成为驱动国内经济大循环的主要动力之一。文章在理论分析的基础上,构建农村居民消费韧性综合评价指标体系,利用2013—2021年中国省域数据,实证探究数字普惠金融对农村居民消费韧性的影响。研究发现,数字普惠金融对农村居民消费韧性具有正向影响,并且这种影响表现出明显的异质性特征,具体表现为东部地区及粮食主销区更为显著;采用门槛模型研究发现,数字普惠金融的促进作用存在边际影响非线性递增的特点,并从人力资本的视角测算了引发边际递增效应的门槛水平。此外,市场化程度在数字普惠金融对农村居民消费韧性的影响中起正向调节作用。基于此,本文提出加强农村地区数字金融基础设施建设、提高数字普惠金融发展水平等建议,以进一步发挥数字普惠金融对农村居民消费韧性的促进作用。Enhancing the resilience of rural residents'consumption and stimulating rural consumption potential has become one of the main drivers of the domestic economic cycle.Based on theoretical analysis,the article constructs a comprehensive evaluation index system for rural residents'consumption resilience,and empirically explores the impact of digital inclusive finance on rural residents'consumption resilience by utilizing China's provincial data from 2013 to 2021.The study found that digital financial inclusion has a positive impact on the consumption resilience of rural residents,and this impact shows obvious heterogeneity characteristics,specifically in the eastern region and the main food marketing area is more significant;using the threshold model,the study found that the facilitating effect of digital inclusive finance is characterized by a non-linear incremental marginal impact,and measured the threshold level that triggers the marginal incremental effect from the perspective of human capital.In addition,the degree of marketization plays a positive moderating role in the impact of digital inclusive finance on the consumption resilience of rural residents.Based on this,this paper puts forward proposals to strengthen the construction of digital financial infrastructure in rural areas and improve the level of development of digital inclusive finance,in order to further play the role of digital inclusive finance in promoting the resilience of rural residents'consumption.

关 键 词：数字普惠金融 消费韧性 农民消费 调节效应 

分 类 号：F832[经济管理—金融学]