Research On The Impact Of Digital Inclusive Finance On The Income Gap Between Urban And Rural Residents

In 2016,the concept of digital Inclusive Finance was formally proposed.Digital inclusive finance emphasizes the combination of digital technology and inclusive finance,which is different from the traditional mode.and digital technology has significant advantages in many aspects.However,because of the short time of digital Inclusive Finance,the regulation of Digital Inclusive Finance is not perfect enough,and the digital credit system has not yet been established.Therefore,It is worthy to consider that if the Digital Inclusive Finance can successfully integrate with our reality,improve the financial service level of inclusive group,raise their income level,and narrow the income gap between urban and rural areas in the development of digital inclusive financeThe development prospect of digital inclusive finance and the influence mechanism that digital inclusive finance have to the income gap between urban and rural areas will be first analyzed in the article.then the article uses the digital inclusive financial index and the Theil index published by the Internet Center of Peking University to measure the development level of digital inclusive finance and the income disparity between urban and rural residents in China,and carried out empirical analysis based on the panel data of 31 provinces(autonomous regions and municipalities)from 2011 to 2015,and explored the impact of the development of digital inclusive finance on the income disparity between urban and rural residents from the country,the northeastern region,the eastern region,the central region,and the western region.The research shows that the impact which the development of digital inclusive finance have on income disparity between urban and rural residents has a certain threshold,except the development of digital inclusive finance in the eastern region have exceeded the threshold and can significantly narrow the income gap between urban and rural residents,the development of digital inclusive finance in the other region still hasn't had a significant impact on shrinking the income gap between urban and rural residents.Finally,we proposed some relevant policy recommendations adding to the current situation of the development of digital inclusive finance in China.