Huang Xinpeng
School of Economics and Management, Nanchang University, Nanchang, 330031, China.
Environ Sci Pollut Res Int. 2023 Apr;30(16):46618-46631. doi: 10.1007/s11356-023-25630-4. Epub 2023 Jan 31.
This paper investigates how digital finance alleviates the resource curse effect from resource-based cities in China. This paper selects the data from 88 resource-based cities in China from 2011 to 2019 to construct the econometric model test hypothesis. The results show that (1) a resource curse does exist in Chinese resource-based cities. (2) Digital finance can alleviate the resource curse of resource-based cities in China, and this effect has two significant thresholds. (3) The heterogeneity test results show that digital finance's mitigation effect on the resource curse significantly differs in cities with different environmental regulation intensities and resource abundance. (4) Using the implementation of the broadband China strategy as the proxy variable of digital finance for the robustness test, the above conclusions are still robust. This paper considers the impact of digital upgrading on the financial industry and further studies the mitigation effect of digital finance on the resource curse. It provides a new perspective to study the recent changes in traditional issues in the digital era.
本文研究数字金融如何缓解中国资源型城市的资源诅咒效应。本文选取了2011年至2019年中国88个资源型城市的数据来构建计量模型检验假设。结果表明：（1）中国资源型城市确实存在资源诅咒。（2）数字金融能够缓解中国资源型城市的资源诅咒，且这一效应存在两个显著门槛。（3）异质性检验结果表明，数字金融对资源诅咒的缓解效应在环境规制强度和资源丰度不同的城市中存在显著差异。（4）以“宽带中国”战略的实施作为数字金融的代理变量进行稳健性检验，上述结论依然稳健。本文考虑了数字升级对金融业的影响，进一步研究了数字金融对资源诅咒的缓解效应。它为研究数字时代传统问题的近期变化提供了一个新视角。
