摘要
数字金融的蓬勃发展正深刻地影响着家庭经济行为,一个值得关注的问题是,数字金融发展在给家庭带来“数字红利”的同时,也很可能导致家庭债务风险的累积。因此,本文基于中国家庭金融调查(CHFS)数据和北京大学数字普惠金融指数,运用面板数据模型实证分析了数字金融发展对城乡家庭债务风险的影响差异及其作用机制。结果表明:首先,数字金融发展对家庭债务风险具有正向影响,且与城镇家庭相比,其对农村家庭债务风险的影响更大。其次,数字金融发展对中西部地区、金融素养低和收入差距高的农村家庭债务风险的影响更大。最后,数字金融发展通过提升家庭信贷可得性和家庭支付便利性从而加剧了家庭债务风险,且与城镇家庭相比,其对农村家庭债务风险的影响更大。上述结论对于防范城乡家庭债务风险和推进我国数字金融高质量发展具有重要的参考价值。
The vigorous development of digital finance is deeply affecting the economic behavior of households. A problem worthy of attention is that the development of digital finance is likely to lead to the accumulation of households’ debt risk while bringing ’digital dividends’ to households. Therefore, based on the data of China Household Finance Survey(CHFS) and the Digital Inclusive Finance Index from Peking University, this paper uses panel data regression model to empirically analyze the different impact of digital finance development on urban and rural households’ debt risk and its mechanism. The findings show that: firstly, the development of digital finance has a positive impact on households’ debt risk, and its impact on rural households’ debt risk is greater than that of urban households;secondly, the development of digital finance has a greater impact on the debt risk of rural households with lower financial literacy and higher income gap in the mid-western regions;finally, the development of digital finance aggravates the households’ debt risk by improving the credit availability and the payment convenience of households, and this improving effect is greater in rural households than in urban households. These conclusions have important reference for China to prevent the debt risk of urban and rural households and promote the high-quality development of digital finance.
作者
张正平
任康萍
谭秋云
ZHANG Zheng-ping;REN Kang-ping;TAN Qiu-yun(School of Economics/Digital Finance Research Center,Beijing Technology and Business University,Beijing 100048,China)
出处
《财经问题研究》
CSSCI
北大核心
2023年第3期80-93,共14页
Research On Financial and Economic Issues
基金
国家自然科学基金面上项目“乡村振兴战略背景下我国农村数字普惠金融的形成机制及其风险治理研究”(71873011)
国家社会科学基金重大项目“接续推进脱贫地区乡村振兴的金融支持研究”(21&ZD115)
国家社会科学基金重大项目“数字普惠金融支持乡村振兴的政策与实践研究”(22&ZD123)。
关键词
数字金融发展
城乡家庭债务风险
信贷可得性
支付便利性
development of digital finance
debt risk of urban and rural households
credit availability
payment convenience
