A Study On The Impact Of Digital Financial Inclusion On Regional Economic Resilience

In recent years,the international situation has become increasingly volatile,contradictions between countries have been intensified,and China’s socio-economic development is also facing a strong impact.Against the historical background of shrinking global trade and the endless emergence of various public emergencies,enhancing the level of economic resilience,promoting socio-economic prosperity and stability,and promoting high-quality economic development have become an important topic at present.Digital inclusive finance has promoted the rational allocation of resources.Based on its powerful information network communication,it has promoted social equity,provided effective financial support for emerging and innovative industries,promoted industrial transformation and upgrading,and provided a steady stream of power for improving economic resilience.In response,this article analyzes the impact mechanism of digital inclusive finance on economic resilience based on the internal relationship between the two.This article first sorts out theoretical research on digital inclusive finance and economic resilience,thereby summarizing the concepts of digital inclusive finance and regional economic resilience,and exploring the impact mechanisms of digital inclusive finance and economic resilience,including direct impact,indirect impact,and spatial spillovers.Next,with the help of excellent research results in recent years,the evaluation index system of regional economic resilience is constructed.The principal component analysis method is used to divide economic resilience into three principal component factors,namely,endogenous resistance factors,transformation driving factors,and open adaptation factors;The comprehensive scores of economic resilience and the scores of various factors in provinces,cities,and autonomous regions in China were calculated and analyzed.On this basis,this article collects the digit Group of Peking University,selects control variables,establishes a fixed effect model,and conducts empirical research on the direct impact mechanism of digital inclusive finance on financial resilience.It concludes that digital inclusive finance has a significant positive promoting effect on both the overall and component of economic resilience.Considering the analysis of regional heterogeneity,it is shown that the level of resilience in various regions of China presents an uneven development of "east central west".The autocorrelation test indicates that regional economic resilience has a strong spatial agglomeration effect.This paper establishes a spatial econometric model to study the spatial spillover effect of digital inclusive finance on economic resilience.The spatial Dub in model concludes that the development of digital inclusive finance has a negative spillover effect on the development of economic resilience in surrounding regions,That is,the development of digital inclusive finance in surrounding areas will pose challenges to the resilience of the local economy,and this impact is more reflected in endogenous resistance factors,which have no significant impact on the transformation driving factors and the open adaptation factors.