数字金融促进区域技术创新的实证研究——以江苏省13市为例
Empirical Research on the Promotion of Digital Finance in Jiangsu Province on Regional Technological Innovation—A Case Study of 13 Cities in Jiangsu Province

探究数字金融与区域技术创新之间的关系对完善数字金融生态体系、更好促进区域创新具有重要意义。本文选取2011~2020年江苏省13个地级市数字金融发展水平及其子指标与技术创新水平的面板数据，运用面板回归、门槛效应和中介效应模型实证分析江苏省数字金融对区域技术创新的影响。分析结果显示，江苏省数字金融的发展对区域技术创新的发展有促进作用，且数字金融使用深度对区域技术创新的促进效应最大；对外开放程度在江苏省数字金融促进区域技术创新中具有单门槛效应；江苏省数字金融能通过提高居民人均收入与缓解信贷约束来促进区域技术创新。
Investigating the relationship between digital finance and regional technological innovation is important for facilitating the digital financial eco-environment and boosting regional innovation. The panel data of the development level of digital finance and its sub-targets as well as the level of technological innovation during 2011~2020 in 13 prefecture-level cities of Jiangsu Province are extracted by this paper. The paper uses panel regression, threshold effect and intermediary model to test the effects of digital finance on regional technological innovation in Jiangsu Province. The result reveals that digital finance in Jiangsu Province can facilitate the ability of regional technological innovation, and the use depth of digital finance affects the promotion of regional technological innovation most heavily. The opening-up to the outside world makes a single threshold difference to promote regional technological innovation in Jiangsu Province. Digital finance in Jiangsu Province can promote regional technological innovation by promoting per capita income and easing credit constraints.