| 摘要: |
| 数字金融作为数字时代科技赋能传统金融形成的新兴金融模式，既是扎实推动金融强国战略的关键力量，更是有效培育新质生产力的重要抓手。利用2011－2022年A股上市民营企业的面板数据和双向固定效应模型，探讨数字金融发展对民营企业新质生产力的影响及作用机制。研究发现，数字金融发展能够有效促进民营企业新质生产力水平的提升，该结论在一系列稳健性检验后依旧成立；中介效应分析表明，企业数字化转型、企业科技创新和产业结构升级是数字金融提升民营企业新质生产力水平的有效路径；异质性分析结果表明，数字金融发展对培育中西部民营企业、实体民营企业和小型民营企业新质生产力的作用更加显著。研究结论为优化数字金融发展、加快民营企业新质生产力形成、推动经济高质量发展提供经验证据和政策借鉴。 |
| 关键词: 关键词：数字金融；新质生产力；科技创新；数字化转型 |
| DOI： |
| 分类号:F832.5 |
| 基金项目: |
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| Research on the Impact of the Development of Digital Finance on the New Quality Productive Forces of Private Enterprises |
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YANG He-yi
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（School of Management,Inner Mongolia Minzu University）
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| Abstract: |
| As an emerging financial model formed by traditional finance enabled by science and technology in the digital age,digital finance is not only a key force to firmly promote the strategy of a strong financial country,but also an important starting point to effectively cultivate new quality productive forces.Using panel data of A-share listed private enterprises from 2011 to 2022 and a two-way fixed effects model,we explores the impact and mechanism of the development of digital finance on the new quality productive forces of private enterprises.The study finds that the development of digital finance can effectively promote the improvement of the new quality productive forces of private enterprises,which is still valid after a series of robustness tests.Mediating effect analysis shows that enterprise digital transformation,enterprise scientific and technological innovation and industrial structure upgrading are effective paths for digital finance to enhance the level of the new quality productive forces of private enterprises;The results of heterogeneity analysis show that the development of digital finance plays a more significant role in cultivating the the new quality productive forces of private enterprises,real private enterprises and small private enterprises in the central and western regions.The conclusions of this paper provide empirical evidence and policy reference for optimizing the development of digital finance,accelerating the formation of new quality productive forces of private enterprises,and promoting high-quality economic development. |
| Key words: Key words：Digital Finance;New Quality Productive Forces;Technological Innovation;Digital Transformation |
