Digital inclusive finance, economic growth and innovative development

发表日期：2023年09月28日

作者：Wenjing Wang;Taiyi He;Zhenhui Li

期刊：Journal | [J] Kybernetes. Volume 52 , Issue 9 . 2023. PP 3064-3084

摘要：PurposeThis paper aims to explore the impact of digital inclusive finance (DIF) on regional economic growth and innovation-driven development.Design/methodology/approachBased on the panel data of 31 provinces (autonomous regions and municipalities directly under the central government) in China from 2011 to 2018, this paper explores the impact of DIF on economic growth and innovative development.Findings(1) DIF has a direct positive effect on economic growth and innovative development; (2) there is significant regional heterogeneity in the impact of DIF on economic growth and innovative development. (3) DIF can indirectly affect economic growth and innovative development by increasing residents’ personal disposable income, increasing fiscal expenditure and improving educational level.Social implicationsExploring the relationship between them and digital inclusive financial development can provide a reference for national productivity construction and development.Originality/valueEconomic growth and innovation-driven development have been one of the main concerns of China’s policymakers. Exploring the relationship between them, digital inclusive financial development can provide a reference for national productivity construction and development.

DOI：10.1108/K-09-2021-0866

链接：Digital inclusive finance, economic growth and innovative development