The Influence and Threshold Characteristics of Digital Inclusive Finance on Rural Revitalization
Digital inclusive finance is booming and has solved the difficulties of"difficult and expensive loans"in the process of rural revitalization,providing new clues and ideas.Based on the panel data of 31 provinces in China from 2011 to 2022,18 evaluation indicators were selected from different dimensions such as industrial prosperity and ecological livability to construct an evaluation system for the development level of rural revitalization.The TOPSIS entropy weight method was used to comprehensively measure the development level of rural revitalization in 31 provinces nationwide.On this basis,the theoretical logic of digital inclusive finance on rural revitalization was discussed,and the bidirectional fixed effect model and threshold model were used to empirically verify the effect and threshold effect of digital inclusive finance on rural revitalization.The main conclusions are as follows:First,digital inclusive finance has obvious advantages in promoting the development level of rural revitalization.After in-depth endogenous analysis and robustness test,including comprehensive investigation of digital inclusive finance lagging behind,changing samples,and sub-dimensions,this conclusion is still robust and reliable.Second,there is significant regional heterogeneity in the impact of digital inclusive finance on rural revitalization.The effect of digital inclusive finance on rural revitalization in the western region is significantly better than that in the eastern and central regions.Moreover,different dimensions of digital inclusive finance also have significant regional heterogeneity in different regions on rural revitalization.Third,digital inclusive finance shows a significant threshold effect under the threshold variables of digital inclusive finance and economic development level in rural revitalization.In different regions,the impact of digital inclusive finance on rural revitalization also shows different threshold effects.Among them,the threshold effect in the eastern and central regions is more obvious.Based on the above conclusions,countermeasures and suggestions are put forward from the perspectives of actively developing digital inclusive finance,formulating targeted policies and measures,and fully considering the threshold effect.
Digital inclusive financeRural revitalizationTheoretical logicTwo-way fixed effects modelThreshold modelEmpirical testing
万方数据
维普
