摘要
传统金融发展的对象和区域主要是城镇和高收入家庭,忽视了农村和中低收入家庭,导致金融发展对消费的刺激作用有限.普惠金融的发展可弥补传统金融发展的不足,在一定程度上促进消费.本文运用因子分析法从普惠金融的渗透性、可获得性、金融服务效率和金融服务的可持续性四个维度构建普惠金融发展指数,建立基于GMM(Gaussian Mixture Model)动态面板数据的普惠金融与消费关系模型,分析普惠金融发展对于城乡居民人均消费支出的影响.研究结果表明,普惠金融发展对人均消费支出有显著影响,且对农村地区人均消费支出的影响大于城市地区.提出加强农村地区普惠金融发展有利于区域经济协调发展和农村地区人均消费支出的增加.
The objects and regions of traditional financial development focus on urban areas and high-income households instead of rural areas and low-and middle-income households,which leads to the limited stimulus function of financial development on consumption.The development of inclusive finance can make up the shortcomings of traditional financial development and promote consumption in some degree.Firstly,this paper constructs an index of inclusive finance development from four dimensions such as the penetration of inclusive finance,the availability of inclusive finance,the efficiency of financial service,and the sustainability of financial service by factor analysis methods.Secondly,a relationship model between inclusive finance index and the consumption based on GMM(Gaussian Mixture Model)dynamic panel data is established.And thirdly,the impact of inclusive finance development on per capita consumption expenditure of urban and rural residents is analyzed.It shows that the development of inclusive finance has a significant effect on per capita consumption expenditure,and the impact in rural areas is greater than that in urban areas.At last,it is suggested that strengthening the development of inclusive finance in rural areas is good to coordinate the development of regional economy and to increase the consumption of rural areas.
作者
蔡平
王文浩
Cai Ping;Wang Wenhao(School of Economics and Management,Qilu Normal University, 250202, Jinan,China;School of Economics,Qufu Normal University, 276826, Rizhao,Shandong,China)
出处
《山东师范大学学报（自然科学版）》
CAS
2020年第4期440-448,共9页
Journal of Shandong Normal University(Natural Science)
基金
山东省社会科学规划项目“基于生态系统视角的山东省普惠金融实现路径研究”基金资助项目(19CJRGJ05).
