Research On Spatial Effect And Path Of Digital Inclusive Finance Promoting Common Prosperity

Common prosperity is not only the essential requirement of China ’s modernization,but also the essential requirement of socialist society with Chinese characteristics.Digital inclusive finance makes up for the shortcomings of traditional inclusive finance by alleviating information asymmetry,promoting income growth,expanding middleincome groups,narrowing the income gap,promoting economic growth,and achieving common prosperity.Based on the above background,this thesis first combs the articles on digital inclusive finance,common prosperity and the relationship between digital inclusive finance and common prosperity in detail,defines the basic concepts respectively,and explains the spatial effect of digital inclusive finance and the path mechanism of digital inclusive finance affecting common prosperity through detailed analysis and elaboration of the theory,and puts forward corresponding hypotheses.Secondly,the research methods and variable selection are explained in detail,and the index of common prosperity level of China ’s provinces from 2011 to 2019 is selected,and the hypothesis is verified by using fixed,mediating effect model and spatial econometric model.The results show that the development of digital inclusive finance can promote the improvement of common prosperity;the role of digital inclusive finance in promoting common prosperity lies in optimizing employment structure,promoting agricultural technology progress,improving regional entrepreneurial vitality,and improving social security level.The development of local digital inclusive finance is not limited to geographical space restrictions,which will have a positive spatial spillover effect on common prosperity in other regions.Finally,according to the research conclusions of this thesis,from promoting the development of inclusive finance,guiding digital inclusive finance to achieve a higher level of common prosperity around six aspects : industrial development,innovation and entrepreneurship,regional coordinated development,social security level and construction of digital inclusive financial supervision system.