Research Article
Research on the Impact of Digital Financial Inclusion on Regional Economic Growth
@INPROCEEDINGS{10.4108/eai.27-10-2023.2342020, author={Ping Mei and Xu Cheng}, title={Research on the Impact of Digital Financial Inclusion on Regional Economic Growth}, proceedings={Proceedings of the 4th International Conference on Economic Management and Big Data Applications, ICEMBDA 2023, October 27--29, 2023, Tianjin, China}, publisher={EAI}, proceedings_a={ICEMBDA}, year={2024}, month={1}, keywords={digital financial inclusion; regional economy; technological innovation}, doi={10.4108/eai.27-10-2023.2342020} }- Ping Mei
Xu Cheng
Year: 2024
Research on the Impact of Digital Financial Inclusion on Regional Economic Growth
ICEMBDA
EAI
DOI: 10.4108/eai.27-10-2023.2342020
Abstract
Select the panel data of 31 provinces in China from 2011 to 2020, match the indexes of various dimensions of digital inclusive finance, and study and analyze the impact of digital inclusive finance on regional economic development; The empirical results show that, first, digital inclusive finance can gather social idle funds, expand the supply of regional development funds, and directly drive regional economic growth, second, digital inclusive finance will drive regional economic upgrading by alleviating the pressure of corporate financing constraints, expanding fund raising channels, and driving technological innovation and development.The role of promoting the development of digital financial inclusion is more significant.