How Digital Inclusive Finance influence Income Gap in Shaanxi Province——Based on Regression Analysis

Abstract

Digital inclusive finance has a significant effect on reducing urban-rural income inequality. According to the relevant data of Shaanxi Province from 2011 to 2018, this article constructs a regression model for empirical analysis. The results show that increasing digital inclusive finance in Shaanxi can significantly reduce the income gap, which will guide the direction for reducing the income gap between urban and rural in Shaanxi Province in the future. In addition, the fiscal expenditure of Shaanxi Province will increase the income gap.Therefore, Shaanxi Province should increase the inclination of fiscal payment to rural areas, promote rural construction, and drive the income of residents to increase, thereby reducing the income gap between urban and rural area.