数字金融、技术创新与区域经济增长

运用2011~2020年中国省级面板数据，考察数字金融、技术创新与区域经济增长之间的关系。研究结果表明：数字金融对提升区域经济增长水平具有直接且显著的影响，且该激励效应在东部与中部地区更为显著；数字金融可以通过促进区域技术创新水平提升的路径间接实现该地区经济的增长；该路径隐含着更为细致的关于技术创新活动的因果链条传导路径，即数字金融的发展促进了区域内研发投入的增加，研发投入的增加是创新产出水平提升的重要诱因，创新产出的增加与应用实现了区域整体的技术进步，而技术进步作为重要驱动力显著激励了区域经济增长水平的提升。

Digital finance,technological innovation and regional economic growth

This article uses the panel data of 31 provinces from 2011 to 2020 to examine the relationship between digital finance, technological innovation and regional economic growth. The research results show that, firstly, digital finance does have a direct and significant impact on improving the level of regional economic growth, and the incentive effect is more prominent in the eastern and central regions; secondly, digital finance can indirectly achieve this by promoting the level of regional technological innovation. Regional economic growth; finally, we found that this path implies a more detailed causal chain transmission path for technological innovation activities, that is, the development of digital finance has promoted the increase of R&D investment in the region, and the increase of R&D investment is the production of innovation. The increase and application of innovation output have achieved the overall technological progress of the region, and technological progress, as an important driving force, has significantly stimulated the improvement of the level of regional economic growth.