Research On The Influence Of Digital Inclusive Finance On Urban-rural Income Gap In Chengdu-Chongqing Economic Circle

Gap of income between urban and rural residents has always been a sharp problem faced in economic development of our country.With the goal of improving people’s living standards and achieving common prosperity,the state attaches great importance to narrowing the income gap between urban and rural residents and alleviating regional development imbalances.It is precisely based on this background that digital inclusive finance comes into being.It is derived from the development of traditional inclusive finance.With the help of the extensive content and comprehensiveness of the Internet,it gradually expands the popularity and depth of financial services,improves the availability and convenience of financial services,and innovates the development mode of digital finance.The development of digital inclusive finance is conducive to alleviating the economic imbalance faced by urban and rural economic development and effectively reducing the urban-rural income gap.With the support of digital inclusive finance,all provinces and regions can easily access financial services resources,and the development trend of digital inclusive finance can further alleviate the urban-rural income gap,improve people’s quality of life,and promote stable economic development.Based on the historical background of the construction of Shuangcheng economic circle in Chengdu-Chongqing region,this thesis firstly systematically discusses the relevant theories about the development of digital inclusive finance and urban-rural income gap on the basis of combing and summarizing the relevant literature in the past,and then builds the theoretical basis of this study,and summarizes and analyzes the impact mechanism of digital inclusive finance on urban-rural income gap.Finally,the theoretical framework is built and the hypothesis of this thesis is proposed.Secondly,it makes a quantitative analysis of the current situation of digital inclusive finance and urban-rural income gap in Chengdu-Chongqing economic circle,which provides a realistic basis for chapter 4 of this thesis.Thirdly,this thesis uses the data of Shuangcheng economic circle in Chengdu-Chongqing region for qualitative analysis.The sample data includes 265 sample data from 38 districts and counties in Chongqing and 15 cities in Sichuan Province from 2016 to 2020.This study takes the urban-rural income gap ratio as the explained variable,the digital inclusive finance development index as the explanatory variable,and selects industrial structure,urbanization rate,economic development level,government fiscal expenditure and other indicators as the control variables.The spatial econometric model,threshold effect model and intermediary effect model are constructed for empirical analysis to study the relationship between digital inclusive finance and urban-rural income gap.The study found that digital inclusive finance has a negative effect on the urban-rural income gap,and the development of digital inclusive finance in this region can further narrow the urban-rural income gap in neighboring areas,and its effect is more obvious.The influence of digital inclusive finance on the urban-rural income gap also has an intermediary effect.When the development of digital inclusive finance breaks through the threshold value,its effect will be more obvious.In addition,this study also analyzes the transmission channel between digital inclusive finance and the income gap between urban and rural residents,and introduces intermediary variables for further analysis.The results show that digital inclusive finance affects the income gap of urban and rural residents in Chengdu-Chongqing twin city economic circle through government fiscal expenditure.Based on the research results,it is suggested to improve the top-level design of digital inclusive finance at the macro level,improve the construction of digital inclusive finance infrastructure,and increase the popularization of digital inclusive finance knowledge,so as to improve the effect of digital inclusive finance on narrowing the urban-rural income gap.