数字普惠金融发展对我国地方政府财政收入的影响——基于省级面板数据

The Impact of the Development of Digital Inclusive Finance on the Local Government Fiscal Revenue in China—Based on the Provincial Panel Data

摘要: 近年来，我国地方政府的财政赤字率不断上升，与之相对的财政收入却在持续下降，地方政府财政压力不断加重。伴随当代计算机技术的前进和新世纪以来互联网技术的蓬勃发展，数字普惠金融的发展给地方政府官员解决财政压力提供了新的思路。因此，本文基于我国2011~2021年31个省(市、自治区)的面板数据，运用面板数据回归与中介效应模型，检验数字普惠金融对我国地方政府财政收入的影响路径，检验结果表明：我国数字普惠金融的发展能够显著增加地方政府财政收入，这种增加包括数字普惠金融的直接传导效应，也包括通过优化产业结构来增加地方财政收入的所引发的中介效应。研究结论为我国地方政府解决财政困境提供了新路径和新对策。

Abstract: In recent years, the fiscal deficit ratio of local governments in China has been rising, but the relative fiscal revenue has been declining, and the financial pressure of local governments is increasing. With the advance of contemporary computer technology and the vigorous development of Internet technology since the new century, the development of digital inclusive finance has provided a new idea for local government officials to solve the financial pressure. Therefore, this article is based on panel data from 31 provinces (cities, autonomous regions) in China from 2011 to 2021, and uses panel data regression and intermediary effect models to test the impact path of digital inclusive finance on local government fiscal revenue in China. The test results show that the digital pratt & whitney financial development can significantly increase the local government revenue, the increase including the direct transmission effect of digital pratt & whitney financial, including through optimizing the industrial structure to increase local fiscal revenue caused by the inter-mediary effect. The conclusion provides a new path and a new countermeasure for the local gov-ernment to solve the financial dilemma.