| In recent years,Internet-based information technology and traditional finance have been continuously integrated to form financial technology,making it an important starting point to promote the healthy and sustainable development of the financial industry.However,due to the large gap between different provinces in terms of financial basis and technological progress,China’s inter-provincial financial technology development level is uneven.Can the development of financial technology break through the limitations of geographical space? What are the spatial and temporal differences in the development of financial technology in different regions? The answers to these questions not only help to clearly understand the spatial agglomeration characteristics of Fin Tech development,but also have important theoretical and practical reference for promoting the government to formulate sustainable Fin Tech development strategies.This paper attempts to make an in-depth analysis of the development of financial technology in China.Firstly,the comprehensive evaluation index system of Fintech development is constructed from the four dimensions of payment and settlement,capital raising,investment management and technology foundation,and then the inter-provincial Fintech development level is measured by entropy method.Secondly,comprehensively use the nuclear density estimation analysis method and Dagum Gini coefficient to describe and analyze the dynamic evolution law,regional differences and sources of interprovincial financial technology development,and further use the Moran index to test the spatial correlation,and examine the driving factors of financial technology development through empirical analysis.The results show that:(1)From the perspective of dynamic evolution,the main peak of the nuclear density curve of China’s financial science and technology has shifted to the right as a whole,and the wave peak shows a trend of first wide and then narrow,indicating that the overall level of China’s financial science and technology development has increased,and the absolute difference between regions has decreased;There is no obvious polarization phenomenon in the whole and the three regions,and there is a certain right tail phenomenon.(2)From the perspective of regional differences,the overall difference in the development of Fintech shows a fluctuating trend,which indicates that the overall gap in the development of Fintech is gradually narrowing.The sources of the overall differences in the development level of Fintech are mainly regional differences,followed by intraregional differences and super-variable density.(3)From the perspective of driving factors,government support,technological progress and financial development have a significant role in promoting the development of financial technology,among which government support is the main driving factor for promoting the development of financial technology,which shows that active policy planning plays a guiding role in the layout of financial technology.Based on the research conclusion,this paper puts forward some countermeasures and suggestions to promote the coordinated development of regional financial science and technology:(1)strengthen the input of government financial expenditure and give full play to the supporting role of fiscal policy.(2)We will strengthen the construction of high-quality scientific and technological talents and promote technological innovation and progress.(3)We will improve the framework of the financial supervision system and strengthen the early warning mechanism for financial technology risks.(4)Implement policies by category and formulate corresponding regional financial technology development strategies.(5)We should explore the establishment of a regional coordinated development mechanism,pay attention to the leading role of developed regions in the surrounding areas,and weaken the polarization relationship. |
PDF Full Text Request