| Jiangsu is an important economic province in the Yangtze River Economic Belt.The fast development of economic accompanied by problems such as uneven social distribution in urban and rural areas.In digital age,the digital inclusive finance born from the integration of inclusive finance and digital technology can effectively reduce the threshold of financial services and the cost of financial services,efficient and convenient and wide coverage,providing more convenient financing channels for small and micro enterprises and rural low-income groups,which is conducive to increasing income of low-income groups.Therefore,this paper studies the impact of the digital inclusive finance in Jiangsu Province on the income gap,and tries to provide a path for Jiangsu Province to achieve common prosperity.In the theoretical part,based on the basic theory and literature,this paper analyzes the impact mechanism,and believes that digital inclusive finance can promote finance for lowincome groups,and thereby narrowing the income gap.In the empirical part,panel regression,U test and threshold regression were performed on the panel data of 54 cities and counties in Jiangsu Province from 2014 to 2019,and the results showed that the relationship between digital inclusive finance and income gap in city and countryside in Jiangsu Province was linearly negatively correlated;the urbanization rate in two different stages had a different influence on the extent of digital inclusive finance narrowing the gap.In addition,this paper analyzes regional heterogeneity,performs threshold regression in the three major regions in Jiangsu,and demonstrates the robustness of the research results.In summary,this paper proposes that the government and financial institutions should strengthen the construction of digital infrastructure,prevent and resolve financial network risks,carry out precise assistance in advantageous areas,and guide rural residents to start businesses and reemployment and promote income growth. |
