The Measurement of China's Provincial Inclusive Finance Development Level and Analysis of Influencing Factors

Man Zhang

《Frontiers in Economics and Management》 3卷2期 (2022/02) Pp. 239-249

https://doi.org/10.6981/FEM.202202_3(2).0030

摘要

This paper builds an evaluation model on the level of inclusive financial development from nine indicators in the four dimensions of financial service supply capacity, broad penetration, narrow penetration, and financial service usage, and measures China from 2014 to 2018 based on the coefficient of variation method. The development level of financial inclusion in 29 provinces (municipalities and autonomous regions), and an empirical analysis of the factors affecting the development of financial inclusion through individual fixed-effect panel model. The results show that the current overall level of financial inclusion in China is relatively low, while showing a small increase; the regional level of financial inclusion is significantly different, and the development of financial inclusion in the eastern region is significantly better than that in the central and western and northeastern regions; The level of inclusive financial development presents a significant inverted U-shaped relationship. The level of urbanization and highway density have a significant positive impact on the development of inclusive financial in various provinces and cities in China.

關鍵字

Financial Inclusion ； Coefficient of Variation Method ； Individual Fixed Effect

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