Research On The Influence Of Digital Inclusive Finance On The High-quality Development Of Economy In Shanxi Province

After the reform and opening up,the economy of Shanxi Province continues to be depressed due to market competition and long-term dependence on coal resources,which makes Shanxi Province in the dilemma of industrial development and needs to transform and develop.It coincides with the 19 th National Congress,our economy from high-speed development stage to high quality development stage,which means that Shanxi economic development will enter a new period,economic development will change to high quality development.How to promote the high quality development of economy in Shanxi Province has become a major problem facing Shanxi Province.As the lifeblood of economic development,finance plays a vital role.As a product of the deep integration of information technology and financial development,digital inclusive finance can well meet the current requirements of economic development in Shanxi Province under the support of digital technology.Therefore,under the background of digital development and reform,combined with the specific economic development situation of Shanxi Province,it is necessary to make full use of the features of digital inclusive finance,such as wide coverage and low cost,to truly realize "universal" and "beneficial",and analyze whether it can improve the high-quality economic development of Shanxi Province.Based on the research status of digital inclusive finance,high-quality economic development of Shanxi Province and their relationship,this paper explores the influence mechanism of digital inclusive finance on high-quality economic development of Shanxi Province,and reflects the actual situation of high-quality economic development of prefecture-level cities in Shanxi Province by constructing high-quality economic development indicators of Shanxi Province.At the same time,the paper uses the data of prefecture-level cities in Shanxi Province from 2011 to 2020 to deeply explore the impact of digital inclusive finance on the high-quality economic development of Shanxi Province,and verifies its effect through various robustness tests.At the same time,the threshold effect model and intermediary effect model are used to further explore the threshold effect and action path of digital inclusive finance on the high-quality economic development of Shanxi Province.The results of this paper show that: first,digital inclusive finance and its three dimensions have a significant role in promoting the high-quality economic development of Shanxi Province;Second,the impact of digital inclusive finance on the high-quality economic development of Shanxi Province is mainly reflected in the coordinated development and people’s livelihood sharing.Thirdly,digital inclusive finance has obvious regional heterogeneity to the high-quality economic development of Shanxi Province.Thirdly,when the urbanization level of Shanxi is the threshold variable,the development of digital inclusive finance has a threshold effect on the high-quality economic development of Shanxi Province.Fourth,the upgrading of industrial structure plays an intermediary role in the process of digital inclusive finance affecting the highquality economic development of Shanxi Province.Finally,in order to promote the high-quality development of Shanxi Province’s economy,this paper puts forward specific suggestions on the development of digital inclusive finance in Shanxi Province.