摘要
共同富裕的关键在于“提低扩中”,而数字普惠金融为提高低收入群体的收入提供了新思路。本文将中国家庭追踪调查(CFPS)数据与中国数字普惠金融指数相结合,考察了数字普惠金融对低收入群体发挥怎样的增收效应。研究表明:第一,数字普惠金融的发展有利于改善低收入群体的收入状况,提高工资性收入和经营性收入是数字惠普金融发挥作用的主要路径。第二,在农村地区,数字普惠金融对低收入群体增收效应的效果更好;在数字鸿沟较小的地区,数字惠普金融对经营性收入有更好的促进效果。第三,促进创业有利于提高低收入群体的经营性收入,提高金融可及性,帮助低收入群体提高工资性收入。第四,“提低扩中”效果方面,数字普惠金融对低收入群体的增收效果更佳,体现了其包容性优势。
The key to achieving common prosperity lies in elevating the income of low-income groups and expanding the size of the middle-income demographic.The concept of digital inclusive finance offers innovative solutions to enhance the income levels of low-income populations.This study integrated data from the China Family Panel Studies(CFPS)with the China Digital Financial Inclusion Index to examine how digital inclusive finance contributed to income augmentation among low-income groups.The research demonstrates that the development of digital inclusive finance contributes to enhancing the income of low-income groups,with the primary pathways being an increase in wage income and operating income.Digital inclusive finance has a more pronounced impact on income growth for low-income groups in rural areas and exhibits a stronger promotion effect on operating income in regions with better digital advantages.The mechanism of action varies:promoting entrepreneurship facilitates improvements in operating income for low-income groups,while enhancing financial accessibility aids in augmenting wage income.As for the"raising the low and expanding the middle"effect,digital inclusive finance yields superior outcomes in increasing incomes for low-income groups,reflecting its inclusiveness advantage.Compared to existing research,this paper makes several marginal contributions.Firstly,it organized the CFPS data into a continuously balanced panel based on family and personal information.This enables tracking and investigating the continuous impact of digital inclusive finance on income changes among low-income groups.Additionally,it supplements empirical research by examining the continuous changes in low-income groups from a micro-individual perspective.Secondly,this study distinguishes dfferent income paths such as wage income,operating income,and transfer income.It combines these paths with mechanisms like entrepreneurship and financial accessibility to investigate their effects on narrowing the income gap,enriching theoretical discussions surrounding this topic.Thirdly,for the first time,this paper explores whether digital inclusive finance can achieve the goal of"raising the low and expanding the middle".By doing so,the paper provides supplementary empirical evidence on financial inclusion that holds valuable insights for future policy formulation.
作者
杨望
刘洪洋
林溪
徐慧琳
Yang Wang;Liu Hongyang;Lin Xi;Xu Huilin(International Monetary Institute,Renmin University of China;Zhongtai Securities Institute for Financial Studies,Shandong University;School of Economics,Zhejiang University;Business School,Sichuan Normal University)
出处
《国际金融研究》
CSSCI
北大核心
2024年第5期3-14,共12页
Studies of International Finance
基金
国家社会科学基金一般项目“基于微观主体行为视阈下的宏观审慎监管与货币政策协调研究”(19BJL025)
四川省哲学社会科学基金青年项目“数字普惠金融助力四川省乡村振兴的理论逻辑、实践模式和机制路径研究”(SCJJ23ND430)资助。
关键词
数字普惠金融
低收入群体
增收效应
Digital Inclusive Finance
Low-Income Groups
Income-Increasing Effect
