Abstract
China's economy has entered a period of high-quality development from high-speed
growth. We are in the crucial stage of transforming the extensive mode of development
and improving the economic structure. Upgrading the industrial structure is an important
measure to transform the extensive mode of economic development and improve the
quality of economic development. As the core of economic resource allocation, finance is
an indispensable driving force in the process of industrial structure upgrading. However,
the problem of financial exclusion is prominent in the development of traditional finance
in China. Developing inclusive finance and deepening financial supply-side structural
reform can better enhance the financial sector's ability to serve the real economy. With
the help of digital technology, digital inclusive finance can significantly improve the
coverage and accessibility of financial services. It can optimize the allocation of financial
resources, promote technological innovation and upgrade of industrial structure.
Therefore, it is of great theoretical and practical significance to study the influence of
digital inclusive finance on the upgrading of industrial structure.
This paper firstly sorts out the relevant literature of digital inclusive finance and
industrial structure upgrading, and defines the concept of digital inclusive finance and
industrial structure upgrading. Then it analyzes the theoretical mechanism of digital
inclusive finance's influence on industrial structure upgrading from three aspects:
narrowing income gap, improving consumer demand and promoting technological
innovation. Theoretical analysis shows that the development of digital inclusive finance
can promote the upgrading of industrial structure. Then, based on the panel data of 31
provinces and cities in China from 2011 to 2018, this paper uses the spatial error model
to empirically analyze the impact of digital financial inclusion on industrial structure
upgrading, with the digital financial inclusion index as the core explanatory variable, the
industrial structure rationalization index and the industrial structure advancement index
as the explained variable. It also discusses the intermediary mechanism and the
heterogeneity of the influence of digital inclusive finance on the upgrading of industrial
structure.
The empirical research finds that: first, digital inclusive finance has a significant
promoting effect on the rationalization and upgrading of industrial structure. In addition,
from the perspective of the three dimensions of the development of digital inclusive
finance, the coverage breadth, use depth and digital support service level of digital
inclusive finance can all improve the rationalization and advanced level of the industrial
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structure, but the effect decreases in turn. Second, income gap, consumer demand and
technological innovation play an intermediary effect in the process of digital inclusive
finance affecting industrial structure upgrading. On the one hand, digital inclusive
finance can narrow the income gap, promote technological innovation and promote the
upgrading of industrial structure from the perspective of advanced industrial structure.
On the other hand, digital inclusive finance can improve the level of industrial structure
from the perspective of rationalization and upgrading of industrial structure by improving
the consumer demand of residents. Third, digital inclusive finance has a heterogeneous
impact on industrial structure upgrading (industrial structure rationalization and
industrial structure upgrading) in different regions and regions with different information
development levels. Fourth, industrial structure upgrading among provinces has positive
spatial correlation. Indirect spatial spillover effect exists in the process of industrial
structure upgrading. The industrial structure upgrading of a region can have a positive
impact on the surrounding area through random disturbance term.
Based on the above analysis, this paper puts forward policy suggestions for
promoting industrial structure upgrading through the development of digital inclusive
finance from the perspectives of strengthening the development of digital inclusive
finance, effectively giving full play to the intermediary mechanism, formulating
differentiated regional development strategies, and strengthening the industrial and
economic cooperation between provinces.
Key words: Digital Inclusive Finance; Industrial Structure Upgrading; Spatial Error
Model
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目录
摘要 ....................................................................................................................................I
Abstract................................................................................................................................II
第 1章绪论 ....................................................................................................................... 1
1.1研究背景与意义 ................................................................................................... 1
1.1.1研究背景 ...................................................................................................... 1
1.1.2研究意义 ...................................................................................................... 2
1.2研究内容与方法 ................................................................................................... 3
1.2.1研究内容 ...................................................................................................... 3
1.2.2研究方法 ...................................................................................................... 4
1.3创新点与不足之处 ............................................................................................... 5
1.3.1研究的创新点 .............................................................................................. 5
1.3.2研究的不足之处 .......................................................................................... 5
第 2章文献综述与理论分析 ........................................................................................... 6
2.1核心概念界定与相关理论阐释 ........................................................................... 6
2.1.1核心概念界定 .............................................................................................. 6
2.1.2数字普惠金融影响产业结构升级的相关理论 .......................................... 7
2.2数字普惠金融影响产业结构升级的相关文献综述 ........................................... 8
2.2.1数字普惠金融的相关研究 .......................................................................... 8
2.2.2产业结构升级的相关研究 .......................................................................... 9
2.2.3数字普惠金融发展影响产业结构升级的相关研究 ................................ 11
2.2.4文献评述 .................................................................................................... 12
2.3数字普惠金融影响产业结构升级的机制分析 ................................................. 12
2.3.1金融与产业结构升级之间的关系 ............................................................ 12
2.3.2数字普惠金融影响产业结构升级的机制分析 ........................................ 14
2.4本章小结 .............................................................................................................. 18
第 3章数字普惠金融与产业结构升级的现状分析 ..................................................... 19
3.1数字普惠金融发展现状 ...................................................................................... 19
3.1.1数字普惠金融发展过程 ............................................................................ 19
3.1.2数字普惠金融发展水平 .....