Research On The Influence Of Inclusive Finance Development On Human Capital Improvement

With the innovative development of the digital age,many scholars have conducted in-depth research on the development of inclusive finance,most of which are based on the impact of inclusive finance on income.At the same time,there are few studies on the effects of inclusive finance development on improving human capital.On the one hand,the concept and development of inclusive finance are still in a brand-new stage.On the other hand,from an international point of view,there are relatively few studies related to foreign literature than domestic research on inclusive finance.The research on the impact of inclusive finance development on improving human capital is a brand-new field,and the existing research is still in a near-blank stage.This paper deeply analyzes the impact of the development perspective of inclusive finance on human capital.From a theoretical level,it opens up new ideas and perspectives for developing inclusive finance to improve human capital.Product development provides a data analytics basis,aiming to promote the improvement of human capital.This paper not only conducts an in-depth analysis of the impact of the development of inclusive finance on improving human capital.Using a variety of empirical analysis methods such as entropy weight method,instrumental variable method,two-stage least squares method,generalized matrix estimation,threshold effect regression,etc.,to intensely discuss the impact of inclusive finance development on the improvement of human capital.This paper firstly systematically and comprehensively sorts out the relevant domestic and foreign literature in the research direction in the theoretical sense,and reviews the research direction with breakthrough points based on theory.In the empirical part,it deeply studies the impact mechanism of the development of inclusive finance on the improvement of human capital,analyzes the impact of heterogeneous inclusive financial growth on the progress of human capital through multiple perspectives,and verifies the conclusion that the development of inclusive finance promotes the improvement of human capital.Empirical analysis shows that although my country has noticeable regional differences and characteristics,the development of inclusive finance,the internal expenditure of RD funds for research and experimental development,and the advanced industrial structure have a significant positive impact on the improvement of human capital and accompanied by analysis and practical development of RD funds.The increase in internal expenditure and the progress of the advanced industrial structure have positively promoted human capital improvement.On this basis,with the improvement of the digital inclusive financial index,the impact of human capital improvement is more significant and stable.In addition,empirical research found that the total investment in fixed assets of the whole society significantly negatively impacts the advancement of human capital.Based on the above conclusions,this paper puts forward the following policy suggestions for reference:first,attach importance to the development of inclusive finance,increase infrastructure building in the information age,and at the same time,optimize the industrial structure and promote the development of the tertiary industry;second,reduce investment in fixed assets and actively Explore the development model of inclusive finance in the information age;third,increase investment in research and development capital,provide more inclusive financial products with low cost and high convenience,and meet the financial needs of users and small and medium-sized enterprises in low-income groups and underdeveloped areas;Fourth,strengthen financial risk monitoring and supervision to better balance financial risks and financial innovation.