数字普惠金融对农村家庭资产配置多样性的影响

The Impact of Digital Inclusive Finance on the Diversity of Asset Allocation in Rural Households

摘要: 运用中国家庭金融调查中心2015、2017和2019年三年面板数据和北大普惠金融发展指数数据，使用固定效应模型，从微观视角出发，对数字普惠金融对农村家庭资产配置多样性的影响作用进行实证检验，并进行区域异质性分析，得出结论：数字普惠金融对提升农村家庭的家庭资产组合的多样程度具有一定促进效应，数字普惠金融覆盖广度、数字化程度、使用深度的提升均显著地发挥了作用，其中覆盖广度的作用最为明显。经异质性分析得到，数字普惠金融的作用仅在东部和中部地区显著，且在中部地区最为突出。最后提出建议，为进一步完善数字普惠金融的设计，更好地优化农村家庭资产配置提供了参考。

Abstract: Using the panel data from the China Household Finance Survey in 2015, 2017, and 2019, as well as the data from the Peking University Digital Financial Inclusion Index of China, and adopting the fixed-effect model, this paper empirically tests the impact of digital inclusive finance on the diversification of rural household asset allocation from a micro perspective. A regional heterogeneity analysis is also conducted, reaching the conclusion that digital inclusive finance has a certain promoting effect on enhancing the diversity of rural household asset portfolios. The increases in the coverage breadth, digitization level, and usage depth of digital inclusive finance all play significant roles, with the coverage breadth having the most significant impact. Heterogeneity analysis shows that the role of digital inclusive finance is only significant in the eastern and central regions, with the most prominent effect in the central region. Finally, suggestions are made to further improve the design of digital inclusive finance and better optimize the allocation of rural household assets.