【摘要】 当前，数字普惠金融已成为推动城乡融合高质量发展的重要抓手。在测算我国省域城乡融合发展水平的基础上，采用双向固定效应模型、中介效应模型和门槛效应模型等计量手段实证分析了数字普惠金融对城乡融合发展的影响机制和作用效应。研究结果表明：(1)整体上，2011—2020年我国数字普惠金融的发展和城乡融合之间呈现显著的负向关系，该结论经过多种方法进行稳健性检验后结论依然成立；(2)数字普惠金融发展影响城乡融合的机制分析显示，创业活跃度发挥着显著的部分中介作用；(3)数字普惠金融对城乡融合发展的影响还存在非线性溢出效应，并受到创业活跃度的调节；(4)数字普惠金融本身对城乡融合发展的影响也表现出显著的单一门槛抑制效应，且负向影响呈现为边际效率递增。最后，基于以上结论，从多个角度提出促进我国城乡高质量融合发展的对策建议。更多还原

【Abstract】 At present, digital inclusive finance already functions as an important tool to promote a high-quality urban-rural integration development. Based on a rough evaluation of China’s inter-provincial urban-rural integration, this paper adopts the two-way fixed effect model, the intermediary effect model, the threshold effect model and other econometric tools. It empirically measures and analyzes the impact mechanism and effects of digital inclusive finance on the urban-rural integration development. Following are major research results.(1) Generally speaking, there is a significantly negative relationship between the digital inclusive finance development and urban-rural integration in China from 2011 to 2020. This conclusion still holds true after the robustness testing by various methods.(2) An mechanism analysis to the impact of digital inclusive finance development on the urban-rural integration indicates that entrepreneurial activities display a significantly partial mediating effect.(3) The impact of digital inclusive finance on the urban-rural integration development also manifests a nonlinear spillover effect and is moderated by entrepreneurial activities. The impact of digital inclusive finance itself on the urban-rural integration development also exhibits a significantly single threshold inhibitory effect. Besides, its negative impact is presented as an increasingly marginal efficiency. Finally, these findings bring about some multiple perspective countermeasure proposals to promote a high-quality urban-rural integration development in China.更多还原