| In 2020,China has completed the onerous assignment of effacing absolute poverty,but effacing absolute poverty does not signify the end of poverty governance.The problem of relative poverty characterized by long-term and dynamic nature not only still exists,but will also become a prominent "weakness" for comprehensively promoting rural revitalization in the future.Multidimensional relative poverty is a measure of relative poverty from a multidimensional perspective,which more comprehensively reflects whether family development is balanced and sufficient compared to a single income gap.Studying the governance of multidimensional relative poverty is of great value for achieving the goal of common prosperity and rural revitalization.Traditional finance has the characteristic of excluding vulnerable groups and cannot play a good role in poverty alleviation."Digital inclusive finance" is the product of digital technology to improve inclusive finance.With the advantages of digital technology,it can enable poor families and poor groups to enjoy financial services that were previously difficult to reach,and create conditions for relatively vulnerable groups to escape poverty.Therefore,in the historical process of comprehensively promoting rural revitalization,exploring whether digital inclusive finance can alleviate multidimensional relative poverty,and if so,what is the mechanism? Answering these questions has important theoretical and practical significance.This paper uses the data of China Family Panel Studies(CFPS),constructs a multidimensional relative poverty index using the AF method and the equal weight method,and matches the digital inclusive finance index in the Peking University Digital Inclusive Finance Index of China to construct a micro-family panel data,and systematically explores the effect and mechanism of digital inclusive finance on the multidimensional relative poverty of households.The study finds that the development of digital inclusive finance can significantly reduce the multidimensional relative poverty of households.This conclusion is still valid after considering the endogenous test and the multiple robustness test,and there are significant heterogeneity characteristics,that is,compared with the degree of digitalization and the depth of use,increasing the coverage of digital inclusive finance will be more conducive to reducing the multidimensional relative poverty of households.The mitigation effect of digital inclusive finance on multidimensional relative poverty is more fully played in the urban and central samples,which significantly reduces the relative poverty of living standards,education,medical care and sense of access,but significantly increases the relative poverty of housing.The functional mechanism test shows that digital inclusive finance has an active influence on reducing multidimensional relative poverty by promoting employment and entrepreneurship and broadening investment and income channels.The innovations of this paper are as follows: From the perspective of research,this paper chooses a more novel multidimensional relative poverty as an indicator to reflect relative poverty,which can expand the research field of relative poverty governance.In terms of data sources,this paper innovatively matches and combines micro data and macro data with province orientation,which increases the amount of data information and enriches the research conclusions.In terms of empirical design,based on the study of the impact of digital inclusive finance on multidimensional relative poverty,this paper first divides multidimensional relative poverty into creation dimensions and then explores the governance effects of digital inclusive finance,thereby refining the conclusions to specific dimensions of relative poverty in digital inclusive financial governance.Second,it innovatively explores the mechanism of its governance of multidimensional relative poverty theoretically and empirically,enriches the research achievements in the field of poverty governance of digital inclusive finance,and is conducive to optimizing the poverty alleviation strategy of digital inclusive finance. |
