TROPICAL GEOGRAPHY ›› 2018, Vol. 38 ›› Issue (2): 176-183.doi: 10.13284/j.cnki.rddl.003025

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Spatial Characteristics and Spatial Effect of Chinese Provincial Financial Exclusion

ZHANG Guojun1a,YAO Yangyang1b,ZHOU Chunshan2,3   

  1. (1.a.School of Public Policy and Management;b.School of Geography and Tourism,Guangdong University of Finance and Economics,Guangzhou 510320,China;2.School of Geography and Planning,Sun Yat-sen University,Guangzhou 510275,China;3.Guangdong Key Laboratory for Urbanization and Geo-simulation,Guangzhou 510275,China)
  • Online:2018-03-05 Published:2018-03-05


By constructing the evaluation index system of financial exclusion, this paper calculates the financial exclusion degree of 31 Chinese provinces (cities and Autonomous regions) from 2004 to 2012, and by applying the method of exploratory spatial data analysis and spatial Durbin model, this paper discusses the spatial characteristics and the spatial effect of Chinese provincial financial exclusion. The results show that: 1) the financial exclusion degree of the 31 provinces in China is generally high, forming a pattern of increasing level from the East to the Middle-West in space. 2) China’s financial exclusion shows obvious characteristics on the spatial correlation and spatial agglomeration, and a noticeable trend of low-low agglomeration in the east and high-high agglomeration in the west, this trend is stable. 3) The results of the spatial Durbin Model analysis show that regional economic development, financial expenditure capability, education level and population density have significant negative correlation with the financial exclusion in this region, the direct effect is significant; The indirect effect of education level and population density is prominent, that means that increasing the regional education level and population density can reduce the spatial difference of financial exclusion to a certain extent. 4) The regions with high financial exclusion level on the one hand need to accelerate their economic development, enhance the internal hematopoietic function to increase the direct effect; on the other hand, have the fiscal policy and monetary policy appropriately directed to the central and western regions, strengthen government’s macro-control so as to prevent the further expansion of financial exclusion’s regional differences; at the same time, popularize financial knowledge, actively promote regional financial cooperation and exchange, increase the investment of human capital to promote the expansion of regional financial spatial spillover effect.

Key words: financial exclusion, spatial characteristics, exploratory spatial data analysis, Spatial Durbin Model