Impact of Digital Inclusive Financial Use on Entrepreneurship

Abstract

Using the digital inclusive finance index at the provincial level from the Peking University Digital Inclusive Finance Usage Index report, this paper selects panel data from 31 provinces, municipalities directly under the Central Government, and autonomous regions of China (excluding Hong Kong, Macao, and Taiwan) from 2011-2016, and constructs multivariate linear models, multivariate nonlinear models, and fixed effects models to investigate the mechanism of the impact of inclusive finance on entrepreneurship Regression analysis was conducted. The results show that there is a significant positive relationship between digital financial inclusion and entrepreneurship level. The findings of this paper provide policy implications for how to incentivize entrepreneurship more effectively.