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Research on Spatial Spillover Effect of Digital Financial Inclusion on Common Prosperity

Guohui Hu () and Zezhong Li ()
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Guohui Hu: Wuhan University of Technology
Zezhong Li: Wuhan University of Technology

A chapter in Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), 2024, pp 657-663 from Springer

Abstract: Abstract This article constructs a comprehensive evaluation system for Common Prosperity from three dimensions: people's prosperity, social cohesion, and sustainable development. A Spatial Durbin Model is employed to investigate the spatial spillover effect of Digital Financial Inclusion on Common Prosperity, the research findings reveal that: Common Prosperity in China exhibits clustering patterns, and Digital Financial Inclusion has a spatial spillover effect on Common Prosperity. Notably, In the eastern region, the indirect effect is significantly positive, while in other regions, it is significantly negative. Based on the conclusion, this article advises government to devise staged policies to evenly promote the process of Common Prosperity across cities.

Keywords: Digital Financial Inclusion; Common Prosperity; Spatial Spillover (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-459-4_74

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DOI: 10.2991/978-94-6463-459-4_74

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