Has the development of digital finance driven population agglomeration?

Dingjia Zhao

doi:10.54097/hbem.v12i.8384

Authors

Dingjia Zhao

DOI:

https://doi.org/10.54097/hbem.v12i.8384

Keywords:

Digital Finance, Population Agglomeration, Nighttime Lights, Heterogeneity.

Abstract

Digital finance is considered an important driving force for improving the level of population agglomeration. This article matches the data of Peking University's digital inclusive finance with information on regional population agglomeration to study the relationship between the development of digital finance and population agglomeration. The regression results of the instrumental variable method show that the development of digital finance can promote population agglomeration at a significant level of 1%, and a series of robustness tests further support this finding. In addition, this article finds that the breadth of coverage in the digital finance index has a greater impact on population agglomeration, and the heterogeneity analysis of regions shows that the promotion of digital finance development on population agglomeration is more evident in western regions. This has reference significance for promoting the even distribution of the national population.

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