Will Digital Financial Inclusion Boost Export Levels-- Empirical Analysis Based on Panel Data of Counties in Jiangsu Province
DOI:
https://doi.org/10.54097/hbem.v20i.13298Keywords:
Digital financial inclusion; export; panel data of counties.Abstract
Based on the Statistical Yearbook of Jiangsu Province and the Digital financial Inclusion Index calculated by Peking University, this paper empirically analyzes the potential impact of digital financial inclusion on export growth by using panel data of nearly 90 counties in Jiangsu Province. Benchmark regression shows that the development of digital inclusive finance can effectively promote regional export growth, and regional heterogeneity shows that the promotion effect of digital inclusive finance on export is different according to the different levels of regional economic development. Finally, the paper discusses the impact of digital inclusive finance on regional exports from three perspectives: coverage breadth, depth of use and digitization degree. The research results show that all three have significant positive impact on exports, and the coverage breadth of digital inclusive finance has a more significant promoting effect on exports.
Downloads
References
Chen Xiao, Sun Xiaojiao, Wang Guofeng. Digital financial inclusion, digital innovation and economic growth: An empirical study based on provincial panel data [J]. Economic Issues,2023, No.526(06):34-40.
Tang Jiqiang, Li Ting, Zhang Xingyan, Mou Sibei. Digital inclusive finance, technological innovation and industrial structure optimization [J]. Statistics and Decision,2022,38(17):134-139.
Yang Gang, Zhang Hengyi. Digital financial inclusion, regional innovation and economic growth. Statistics and Decision,2022,38(02):155-158.
Xu Ziyao, Zhang Lisha, Liu Yizhi. Does digital financial inclusion enhance regional innovation ability [J]. Journal of Finance and Economics,2020(11):17-28.
Zheng Yaxin. Can Digital financial inclusion improve regional innovation output? An empirical study based on inter-provincial panel data [J]. Economic Issues,2020(10):53-61.
Maskus K E , Neumann R , Seidel T . How National and International Financial Development Affect Industrial R&D[J]. CESifo Working Paper Series, 2011, 56(1):72-83.
Meierrieks D. Financial Development and Innovation: Is There Evidence of a Schumpeterian Finance-Innovation Nexus? [J]. Annals of Economics and Finance, 2015, 15(2):61-81.
Li Yunpeng. The export trade effect of country gap in financial inclusion: Based on the experience of countries along the "Belt and Road" [J]. Business Economics Research,2021(02):126-129.
Fan Zhaobin, Zhang Liuqing. Pratt &whitney China financial development impact on trade marginal and structure [J]. Journal of quantitative technical economics, 2017 (9): 57-74.
Zhang Mingxin, Xie Shenxiang, Qiang Haofan, et al. Digital financial inclusion and small and micro enterprise exports: a boon or a cherry on top [J]. World Economy,2022,45(01):30-56.
Zhao Caixia, Wang Yuanyuan. An empirical study on the relationship between digital financial inclusion and export trade development [J]. Business Economics Research,2021, No.828(17):171-173.
Guo Feng, Wang Jingyi, Wang Fang, Kong Tao, Zhang Xun, Cheng Zhiyun. Measuring the Development of Digital Inclusive Finance in China: Index Compilation and Spatial Characteristics [J]. Quarterly Journal of Economics, 2019,19(04):1401-1418.
Su Erdou, Xue Jun.Service-oriented foreign direct investment and Chinese firms' exports. Industrial Economics Research,2020(02):1-15.
Melitz M J . The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity[J]. Econometrica, 2003, 71(6):1695-1725.
Fan Hui. Industrial digitalization, technological innovation and foreign trade export level: An empirical study based on the Yangtze River Economic Belt [J]. Statistics and Decision, 2012,38(19):115-119.
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.






