Research on the impact of digital financial inclusion and environmental regulation on industrial structure upgrading-based on spatial Durbin model analysis.

In the context of building a modern industrial system, digital finance inclusive (DFI) and environmental regulation (ER) have become significant drivers of industrial structure upgrading. Amid the rapid development of DFI and the tightening of ER, high-quality development goals have been set. From a spatial perspective, can DFI, ER, and their interactions positively impact China's industrial structure? Based on panel data from 30 provinces in China from 2011 to 2020, empirical analysis is conducted using the Spatial Durbin Model and the Threshold Model.