Applied Mathematics and Nonlinear Sciences, Journal Year: 2024, Volume and Issue: 9(1)

Published: Jan. 1, 2024

Abstract China’s economy has stepped into the new normal development stage. Coordinating urban and rural economic continuously narrowing income gap become a more urgent strategic task, digital finance is an important engine for transformation upgrading, bound to have far-reaching impact on of urban-rural gap. This paper first explores essential relationship between regional lists roles played by in development. The entropy power Topsis method used select variable indicators construct index system. Combining Moran index, spatial spillover effect, panel regression model, distance as weight matrix, corresponding elemental expressions are derived econometric model finance, parameters estimated great likelihood method. applied 31 provinces China measure their relevant variables from 2012 2022 analyze perspectives autocorrelation threshold regression. Through experiment, it can be seen that indexes eastern, central, western regions all negative, they significant at 5%, 10%, 10% levels, respectively, which indicates these three stimulates financial industry while When level crosses value 10.4365, coefficient decreases −0.0348 −0.0487, again confirms reduce

Language: Английский