【摘要】 文章使用双向固定效应、系统GMM、中介效应和门槛模型考察数字普惠金融对包容性增长的影响及机制。研究发现，数字普惠金融显著地促进了包容性增长及其子维度的提升，创业活跃度是数字普惠金融促进包容性增长的重要机制，缓解信息不对称有助于提升数字普惠金融对包容性增长边际贡献。进一步研究表明，在传统金融服务密度高和电子商务发展水平高的区域，数字普惠金融缓解信息不对称的有益影响更加凸显。文章对深入理解数字普惠金融的运行机理以及提升其促进包容性增长的边际贡献提供了有益参考。更多还原

【Abstract】 This paper uses the fixed base range entropy weight method to measure the level of inclusive growth in China, and examines the impact and mechanism of digital inclusive finance on inclusive growth through two-way fixed effect, systematic GMM, intermediary effect and threshold model. The study found that digital inclusive finance significantly promoted inclusive growth and its sub dimensions. Entrepreneurial activity is an important mechanism for digital inclusive finance to promote inclusive growth. Alleviating information asymmetry helps to improve the marginal contribution of digital inclusive finance to inclusive growth. Further research shows that in regions with high density of traditional financial services and high level of e-commerce development, the beneficial impact of digital inclusive finance on alleviating information asymmetry is more prominent. This paper provides a useful reference for further understanding the operation mechanism of digital inclusive finance and improving its marginal contribution to promoting inclusive growth.更多还原