基于资金竞争理论，创新性地使用2009—2022年县域金融科技专利数据和乡镇级夜间灯光数据考察金融科技对城乡协调发展的影响及其内在机理。研究表明，金融科技对城乡协调发展有明显的促进作用，并且金融监管可以强化该效应，该结论经过内生性的问题处理及一系列稳健性检验后仍然成立。机制识别发现，金融科技通过改变农村地区的资金竞争劣势，显著促进了农村投资、农业技术进步以及农村创业活力，从而有助于城乡协调发展；异质性分析发现，金融科技对城乡协调发展的促进作用在银行网点密度较低、农村资金外流较严重以及经济增长压力较大的地区更加明显。

Based on the theory of capital competition, the influence of financial technology on the coordinated urban-rural development and its internal mechanism have been studied by using county-level financial technology patent data and town-level night-time light data from 2009 to 2022. The study shows that financial technology could significantly promote the coordinated urban-rural development, and financial regulation could strengthen this effect. The conclusion is still valid after endogeneity problem treatment and a series of robustness tests. The mechanism analysis demonstrates that financial technology, through changing the disadvantage of capital competition in rural areas, significantly promotes rural investment, agricultural technology progress, and rural entrepreneurial vitality, thus contributing to the coordinated urban-rural development. Heterogeneity analysis finds that the positive role of financial technology in promoting the coordinated urban-rural development is more obvious in areas with low density of bank branches, problems of serious capital outflow, and great pressure on economic growth.

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国家社会科学基金后期资助一般项目（24FJYB009）