Research On The Development Level And Influencing Factors Of Inclusive Finance In 16 Prefectures And Cities Of Yunnan Province

Since the concept of inclusive finance was put forward,it has been widely concerned and discussed by all walks of life.In order to implement the development of inclusive finance,all provinces,prefectures and cities have actively responded and adopted corresponding policies and measures.This paper expounds the development status of inclusive finance in Yunnan Province from the aspects of policy,supply and demand,and based on the financial development theory,inclusive growth theory,and financial exclusion theory,selects the data of six indicators in the three dimensions of service penetration,service availability,and use effectiveness in 16 prefectures and cities in Yunnan Province during2011-2021,and calculates the weight through the coefficient of variation method,Finally,the inclusive financial comprehensive index IFI is calculated.On the basis of the measured composite index,the panel data model is used to conduct empirical analysis on the specific conditions of the factors affecting the development of inclusive finance.The main research conclusions are as follows: 1.The development of inclusive finance in Yunnan Province is unbalanced across the province,mainly reflected in the regions with faster economic development and relatively more local employees.2.There are large differences in the level of financial inclusion development among the 16 prefectures and cities in Yunnan Province,and the overall index of financial inclusion is not high,with much room for improvement in all prefectures and cities.3.In the process of financial inclusion development in Yunnan Province,the urban-rural income gap negatively affects the development of financial inclusion;while the degree of economic development,the level of education,the level of government financial support and the urbanisation rate show a positive correlation with the development of financial inclusion.The level of economic development,education,government financial support and urbanisation rate have a positive relationship with the development of inclusive finance.The level of internet development is insignificant,and population density has a positive long-term impact and a positive U-shaped relationship with financial inclusion.