【作者】 李昊；

【导师】 王斌；

【作者基本信息】 哈尔滨工业大学 ， 应用经济学， 2022， 硕士

【摘要】 创新是引领发展的第一动力,当前我国正处于经济转型的关键时期,实施创新驱动发展战略是新时代背景下我国实现高质量发展的重要途径。创新活动需要充足的资金支持,但我国金融体系的不平衡不能够满足各地区创新主体的需要。数字普惠金融的诞生拓宽了我国金融体系的边界,缓解了资金供给双方信息不对称的问题,为区域创新水平的提高注入了新的活力。本文利用中国31个省市2011-2020年的面板数据实证检验数字普惠金融对区域创新的影响,将区域创新水平的滞后项引入到模型之中,设立动态面板模型,并利用系统GMM方法对数字普惠金融和区域创新之间的关联性进行检验。在后续的研究中本文将省级数据划分为东、中、西部三个地区,分样本进行区域异质性检验;利用门槛回归模型进一步探究数字普惠金融对于区域创新影响的非线性特征,同时本文对创新环境在数字普惠金融影响区域创新的调节作用进行了检验。实证结果显示数字普惠金融对区域创新水平的提高具有正向的促进作用;数字普惠金融的发展对中西部地区创新水平的提升具有更强的促进效应;数字普惠金融和人力资本水平对区域创新效率的影响存在单一门槛效应;创新环境在数字普惠金融对于区域创新的影响中具有调节作用,在良好的经济环境和技术环境下数字普惠金融对于区域创新的促进作用更加明显。本文的主要贡献主要有:第一,本文以数字普惠金融和区域创新为研究对象,在一定程度上丰富了该领域的研究内容;第二,相较于以往文献常使用的静态模型,本文从动态的角度分析问题,使用动态面板模型对研究问题进行分析验证;第三,本文使用各省市到杭州的距离作为工具变量,缓解了内生性的问题。最后,本文在实证结果的基础上从不同角度为促进区域创新发展和政策制定给予了相关建议。更多还原

【Abstract】 Innovation is the primary driving force for development.At present,china is in the critical period of economic transformation.Implementing the innovation-driven development strategy is an important way for us to achieve high-quality development in the new era.Innovation activities need sufficient financial support,but the imbalance of the financial system cannot meet the needs of innovation entities in various regions.The birth of digital inclusive finance has broadened the boundaries of my country’s financial system,alleviated the problem of information asymmetry between the supply and supply sides of funds,and injected new vitality into the improvement of regional innovation.This paper uses the panel data of 31 provinces and cities in China from 2011 to2020 to empirically test the impact of digital financial inclusion on regional innovation,introduces the lag term of regional innovation level into the model,establishes a dynamic panel model,and uses the systematic GMM method to analyze the impact of digital financial inclusion on regional innovation.The correlation between digital financial inclusion and regional innovation is examined.In the follow-up research,this paper divides the provincial data into eastern,central and western regions to heterogeneity test.Then we will use the threshold regression model to further explores the nonlinear characteristics.At the same time This paper examines the moderating effect of innovation environment on regional innovation in the impact of digital financial inclusion.The empirical results show that digital financial inclusion has a positive promoting effect on the improvement of regional innovation level;the development of digital financial inclusion has a stronger promoting effect on the improvement of innovation level in the central and western regions;The impact of regional innovation efficiency has a single threshold effect;the innovation environment has a moderating role in the impact of digital inclusive finance on regional innovation,and digital inclusive finance has a more obvious role in promoting regional innovation in a favorable economic and technological environment.The main contributions of this paper are as follows: firstly,this paper takes digital financial inclusion and regional innovation as the research object,which enriches the research content in this field to a certain extent;secondly,compared with the static model often used in previous literature,this paper Analyze the problem from a dynamic point of view,and use the dynamic panel model to analyze and verify the research problem;thirdly,this paper uses the distance from each province to Hangzhou as an instrumental variable to alleviate the problem of endogeneity.Finally,based on the empirical results,this paper gives relevant suggestions for promoting regional innovation development and policy formulation from different perspectives.更多还原