Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry

被引:61
作者
Ge, Heping [1 ]
Li, Bowen [1 ]
Tang, Decai [1 ,2 ]
Xu, Hao [2 ]
Boamah, Valentina [1 ]
机构
[1] Nanjing Univ Informat Sci & Technol, Sch Management Sci & Engn, Nanjing 210044, Peoples R China
[2] Jiangsu Open Univ, Off Financial Affairs, Nanjing 210000, Peoples R China
关键词
digital inclusive finance; integration of rural tertiary industries; financial ecological environment; double-difference method; ECONOMIC-GROWTH;
D O I
10.3390/ijerph19063363
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
The development of digital financial inclusion helps create a healthy rural financial ecological environment and plays an important role in integrating rural tertiary industries. This paper incorporates digital financial inclusion into the rural tertiary industry integration research framework. Furthermore, it adopts the double-difference method to empirically analyze the impact of the development of digital financial inclusion on rural tertiary industry integration from the perspective of policy impact. In addition, it considers regional differences in the financial ecological environment; robustness tests were carried out using methods such as placebo tests and validated the conduction mechanism. The study through the double-difference model found that digital financial inclusion is very conducive to promoting rural tertiary industry integration; using the quantile DID (difference in differences) method to analyze the heterogeneity, it is concluded that there is a heterogeneous impact on rural tertiary industry integration. It exerts a more significant improvement in provinces and cities with higher rural tertiary industry integration levels. Constructing an intermediary effect model to verify the transmission mechanism concludes that the policy has promoted the improvement of rural tertiary industry integration efficiency by promoting technological innovation, improving agricultural modernization, and building a risk-sharing mechanism. Finally, it puts forward policy recommendations from optimizing the financial ecological environment, rationally allocating financial resources, and perfecting the transmission mechanism.
引用
收藏
页数:18
相关论文
共 40 条
  • [11] Chunhui C., 2020, ED RES FRONT, V10, P32
  • [12] CPC Central Committee and the State Council, STRAT PLANN RUR RET
  • [13] The role of finance in environmental innovation diffusion: An evolutionary modeling approach
    D'Orazio, Paola
    Valente, Marco
    [J]. JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 2019, 162 : 417 - 439
  • [14] Linkage between Financial Inclusion and Economic Growth: An Empirical Study of the Emerging Indian Economy
    Dahiya, Suman
    Kumar, Manoj
    [J]. VISION-THE JOURNAL OF BUSINESS PERSPECTIVE, 2020, 24 (02) : 184 - 193
  • [15] Capital Markets Union and the Fintech Opportunity
    Demertzis, Maria
    Merler, Silvia
    Wolff, Guntram B.
    [J]. JOURNAL OF FINANCIAL REGULATION, 2018, 4 (01) : 157 - 165
  • [16] The digital revolution in financial inclusion: international development in the fintech era
    Gabor, Daniela
    Brooks, Sally
    [J]. NEW POLITICAL ECONOMY, 2017, 22 (04) : 423 - 436
  • [17] Neglected risks, financial innovation, and financial fragility
    Gennaioli, Nicola
    Shleifer, Andrei
    Vishny, Robert
    [J]. JOURNAL OF FINANCIAL ECONOMICS, 2012, 104 (03) : 452 - 468
  • [18] Grossman J., 2014, SERVING SMALLHOLDER, V94, P1
  • [19] Hondo R., 2012, EFFICIENCY FINANCIAL, P112
  • [20] Hongxi C., 2021, J. Econ. Public Financ., V7, P18, DOI [10.22158/jepf.v7n3p56, 10.22158/JEPF.V7N3P56, DOI 10.22158/JEPF.V7N3P56]