摘要
依托互联网新兴技术与国家政策支持,我国数字经济和数字金融得到快速发展。在新时代经济高质量发展背景下,数字金融能否成为我国经济由"高增速"向"高质量"转变的新动能?基于此,本文采用熵权TOPSIS法构建了新时代背景下经济增长质量指标体系,并利用2SLS等估计方法实证研究了数字金融如何影响经济增长质量。结果表明,数字金融能够提高经济增长质量,且欠发达地区效果更为显著。数字金融能够弥补欠发达地区的传统金融服务缺失,帮助完善融资渠道推动城乡协调发展,提高经济增长质量。从传导机制来看,数字金融不仅能够通过缩短城乡收入差距推动城乡协调发展,而且能够通过改善资本错配有效提升资本配置效率。此外,数字金融与经济增长质量间存在基于金融风险的遮掩效应。尽管短期内数字金融会增加金融脆弱性,但长期来看数字金融能够降低金融风险,提高经济增长质量。
Relying on the emerging Internet technology and policy support in China,the digital economy and digital finance have developed rapidly.Under the background of the high-quality economic development in the new era,can digital finance become a new driving force for China’s economic transformation from"high growth"to"high quality"?Based on this,we use the entropy weight TOPSIS method to construct the index system of economic growth quality under the background of high-quality development in the new era.Further,we evaluate the impact of the development of digital finance on the quality of economic growth.We find that digital finance can significantly improve the quality of economic growth.First of all,digital finance can improve the quality of economic growth by reducing the income gap between urban and rural area and promoting the coordinated development of urban and rural area.Secondly,by reducing capital mismatch,digital finance can effectively improve the efficiency of capital allocation to help improve the quality of economic growth.Finally,financial risk reduces the quality of economic growth,while the impact of digital Finance on financial risk has short-term and long-term effects Effect.In the short run,digital finance increases financial risk.However,digital finance helps reduce financial risk in the long run.Overall,digital finance has a positive impact on the quality of economic growth.
作者
宇超逸
王雪标
孙光林
Yu Chaoyi;Wang Xuebiao;Sun Guanglin
出处
《经济问题探索》
CSSCI
北大核心
2020年第7期1-14,共14页
Inquiry Into Economic Issues
关键词
数字金融
金融风险
经济增长质量
城乡协调
资本配置
Digital Finance
Financial Risk
The Quality of Economic Growth
Urban-Rural coordination
Capital Allocation
