Abstract:

With the construction of Digital China and the development of the digital economy， the value of data elements is gradually gaining attention. Can government public data openness， as a key measure for digital government construction， stimulate data vitality and unleash data dividends in the field of inclusive finance？ The launch of urban government public data platforms is taken as a quasi-natural experiment， and a multi time point DID model is used to study the impact of government public data openness on the commercial bank inclusive loans. The research results indicate that： Firstly， the openness of government public data has made the loans of commercial banks more inclusive， prompting commercial banks to issue more loans to small and micro enterprises. Secondly， in terms of channels， government public data openness mainly promotes more inclusive bank loans by reducing information asymmetry and lowering service costs. Thirdly， heterogeneity analysis shows that the promotion effect of government public data openness on the commercial bank inclusive loans is greater in smaller banks， greater in banks with lower levels of digital transformation before urban government public data platform establishment， and greater in cities with lower levels of digital inclusive finance development before urban government public data platform establishment. This also indicates that government public data openness can reduce the possibility of small banks being digitally marginalized and partially bridge the digital divide between regions in the process of developing inclusive finance.

Key words: public data openness, commercial bank loans, inclusive finance