Department of Finance, Shanghai University, Shanghai, China
Coordinated regional economic development, as an important national policy of China, has always been the future goal and direction of economic development, and its realization requires the help of many parties, including the Government and finance. On the financial side, because of the development of digital information technology, digital inclusive finance(DIFI) has emerged, breaking the inherent mode of traditional financial institutions, providing a new perspective for the development of inclusive finance, increasing the reach and depth of use of financial services, effectively driving the development of the real economy in various regions, and to a certain extent showing the spatial agglomeration effect, but the impact of the DIFI index on the coordinated development of the regional economy However, the impact of the DIFI index on the coordinated development of regional economies is not yet known.Therefore, based on the review of domestic and international data, this paper composes the lineage of DIFI development and analyzes the current situation of uneven regional economic development level（RED）. Secondly, this paper selects the panel data of 31 provinces in China from 2011 to 2020, measures the influence of each factor on the RED, and also uses the two-way fixed effect model, combines DIFI different dimensions to analyze the impact of DIFI development on the RED of each province in China from multiple perspectives. Finally, based on the empirical results, the impact of the DIFI index on the RED is discussed, and regional economic coordination in China by formulating development strategies to strengthening inter-provincial cooperation and rational allocation of resources.
Digital Inclusive Finance, Regional Economic Development Level, Instrumental Variables Approach
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