Management Review ›› 2023, Vol. 35 ›› Issue (1): 39-51.

• Economic and Financial Management • Previous Articles     Next Articles

Regional Competition, Digital Inclusive Finance Promotion and Green Economic Efficiency

Liu Zhangsheng, Lai Binbin, Liu Guihai, Fan Zhenggen, Zhang Dongxiang   

  1. College of City Construction, Jiangxi Normal University, Nanchang 330022
  • Received:2021-05-17 Online:2023-01-28 Published:2023-02-27

Abstract: The Super-SBM model with undesirable output is used in this paper to measure the green economic efficiency of 265 prefecture-level cities in China from 2011 to 2018, and the Panel Data Model and the Spatial Durbin Model are used to systematically analyze the impact of promoting digital inclusive finance on the green economic efficiency under regional competition. The results are as follows. (1) Under the influence of geographical distance and economic gap, green economic efficiency has a significant spatial spillover effect. (2) Promoting digital inclusive finance contributes to the improvement of overall and local green economic efficiency, but inhibits the green economic efficiency of neighboring regions. (3) The impact of promoting digital inclusive finance on overall and local green economic efficiency is obviously positive under moderate regional competition but markedly suppressive under excessive regional competition. (4) The promotion of digital inclusive finance has a significant negative spatial spillover effect on the green economic efficiency of neighboring regions under regional competition. (5) Promoting credit-based digital inclusive finance makes the greatest contribution to enhancing green economic efficiency, and the negative effect of the interaction between regional competition and promoting digital inclusive finance on green economic efficiency also mainly originates from it. To this end, coordinating the development of inter-regional digital inclusive finance, maintaining moderate competition among regions, and promoting digital inclusive finance by category will help improve the green economic efficiency.

Key words: regional competition, green economic efficiency, digital inclusive finance, spatial effect