Analysis of the Impact and Mechanism of Digital Inclusive Finance on Rural Revitalization
Based on the panel data of 31 provinces in China(excluding Hong Kong ,Macao and Taiwan) from 2010 to 2021 ,this study uses empirical methods such as two-way fixed-effect model to construct rural revitalization index of each province ,and use digital inclusive finance index to further study whether digital inclusive finance has any impact on rural revitalization. It is found that digital inclusive finance has a significant impact on the development level of rural revitalization , which remains valid in a series of robustness tests. The results of the mechanism show that digital inclusive finance can promote the development of rural revitalization by reducing employment gap between urban and rural areas. The regression results of threshold effect show that the impact of digital inclusive finance on rural revitalization is constrained by the development of local market intermediary organizations and the legal system environment. In view of this,this paper puts forward countermeasures and suggestions from multiple perspectives for digital inclusive finance to promote the development of rural revitalization in China.
digital inclusive financerural revitalizationtwo-way fixed-effect modelmediating effectthreshold effect