Research on Impact of Digital Financial Inclusion on Upgrading of Industrial Structure
DOI:
https://doi.org/10.6981/FEM.202409_5(9).0003Keywords:
Digital Inclusive Finance; Industrial Structure; Income Effect; Scientific and Technological Innovation.Abstract
This paper mainly uses the provincial panel data of 2010-2019 to study the impact of digital inclusive finance on the upgrading of industrial structure through empirical regression. The study found that the development of digital inclusive finance has a positive and direct impact on the upgrading of industrial structure, but also an indirect impact. Indirectly affecting the main income effect and the effect of scientific and technological innovation, increasing income and stimulating scientific and technological innovation can make digital inclusive finance play a role on the upgrading of industrial structure. Finally, the data heterogeneity was analyzed, and it was found that the impact of digital inclusive finance on the upgrading of industrial structure has regional heterogeneity, among which the eastern region had the most obvious effect, while the effect of the central and western regions gradually decreased. Based on the above findings, this paper puts forward corresponding policy suggestions on the upgrading of industrial structure on digital inclusive finance.
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