Research On Poverty Reduction Effect Of Inclusive Finance In Southwest Ethnic Areas

China's poverty is accompanied by regional imbalances and increasing gaps between the rich and the poor.As a result of years of anti-poverty struggle,it is still unable to eradicate poverty fundamentally.Poverty reduction is a research hotspot in China.The southwestern ethnic minority areas selected in this paper,or the national poverty-stricken areas and the country's contiguous destitute areas,have the attribute of ethnic minorities,the complexity of poverty-stricken factors and the deep poverty,which make the poverty alleviation work in the region difficult and poverty-reducing measures.The result is low.After years of exploration,the Chinese government has fully affirmed the role of finance as a capital factor in numerous poverty reduction measures.In 2016,it proposed to vigorously develop inclusive finance and improve the self-development of vulnerable groups by providing quality financial services to vulnerable groups.Capacity,which in turn slows down poverty.Therefore,studying the poverty alleviation effect of inclusive finance in the southwestern minority areas is of great significance for building an inclusive financial system in the southwestern minority areas and enhancing the poverty alleviation effect of inclusive finance.This paper takes 19 ethnic regions in the southwestern ethnic regions as research objects,and uses theoretical knowledge and measurement tools to study the poverty alleviation effect of inclusive finance.First of all,it defines the connotation of inclusive finance and poverty.The main body of inclusive finance in this paper is banking financial institutions,poverty is economic poverty,and the relevant theories of inclusive financial poverty reduction are also sorted out,and the inclusive financial direct and indirect Poverty reduction mechanism,as the theoretical basis and hypothesis of this paper;Secondly,through the financial organization system,bank outlet intensity,deposit and loan situation and other data,analyze the development status of inclusive finance in Southwestern ethnic regions,and use 19 ethnic regions 2007-2017 The panel data,from the five indicators of financial institution penetration and financial service use efficiency,uses the coefficient of variation method and the European distance method to construct the Inclusive Financial Composite Index(IFI),which quantifies the inclusive financial level of the Southwest minority areas.Then use IFI as the core to explain the variables,establish a panel data model,and empirically test the direct effect of inclusive finance to reduce poverty.The cross-term is introduced,that is,the inclusive financial index is multiplied by the indicators of economic growth and income distribution gap to verify the indirect effect of inclusive financial poverty reduction.It also calculates the two dimensions of inclusive finance and analyzes the poverty reduction effects of the two dimensions of inclusive finance.Thirdly,the panel threshold model is further established,the threshold variables are set,and the threshold factors affecting the effectiveness of inclusive financial poverty reduction are analyzed.Finally,according to the current situation and empirical analysis of this paper,it proposes relevant countermeasures and suggestions for improving the poverty alleviation effect of the inclusive finance in the southwestern minority areas.The paper concludes with the following conclusions: First,the overall development level of inclusive finance in the southwestern minority areas is low,the gap between the various ethnic areas is large,and the improvement of inclusive financial poverty reduction is small,and the breadth and depth of inclusive finance still need to be improved.To improve the poverty alleviation effect of inclusive finance;secondly,the role of inclusive finance in the southwestern minority areas in poverty alleviation is significant,and it is found that there is an inverted U-shaped relationship between inclusive finance and poverty alleviation,that is,inclusive finance first promotes poverty alleviation.In the later period,the marginal effect of poverty alleviation is declining.Fourth,the indirect effect of inclusive financial poverty reduction,inclusive finance can be slowed down by economic growth and poverty,but the effect of poverty reduction through poverty distribution is small;V.From the perspective of the poverty reduction effect of the two dimensions of inclusive finance,the penetration dimension of financial institutions and the poverty alleviation are in an inverted U shape,and the utility use dimension of financial services is positively correlated with poverty alleviation.Sixth,agricultural production efficiency and government expenditure levels have a double threshold effect on inclusive financial poverty reduction.Highway concentration has a threshold effect on inclusive financial poverty reduction.The primary industry/GDP and tertiary industry/GDP respectively Hui Finance promotes economic growth with a heavy and double threshold effect.Finally,according to the research conclusions,the policies and suggestions for improving the inclusive financial level and poverty alleviation effect in the southwestern minority areas are proposed from six aspects.