The impact of digital inclusive finance on the land leasing behavior of farmers is worth exploring in depth.This study uses data from the China Family Panel Studies to construct a multi-time point DID model to analyze the economic benefits generated by farmers'land leasing behavior and the impact of digital inclusive finance on the economic benefits of farming households.At the same time,a probit model is con-structed to assess the influence of digital inclusive finance on farmers'land leasing behavior.The results show that digital inclusive finance plays a positive role in promoting land leasing by farmers and increasing wage income,but it is accompanied by a suppression of operational in-come.The study also finds that households that lease land,compared to those that do not,have higher wage income,but leasing land suppres-ses their operational income.These effects vary by region,and households with higher labor endowments obtain higher wage and operational in-comes.This study indicates that digital inclusive finance and land leasing have complex impacts on the economic conditions of rural families.Digital inclusive finance can serve as a tool to promote the circulation of agricultural land and achieve efficient utilization of land resources.While promoting digital inclusive finance,it is also necessary to consider how to balance the wage income and operational income of farmers.Therefore,policy-making should be tailored to local conditions to maximize the sustainable growth of the rural economy and improve the overall welfare of farmers.
Digital inclusive financeLand transferRural economy