Research on the Mechanisms of Digital Inclusive Finance on High-Quality Development of Agriculture:From the Perspectives of Rural Industries and Farmland Transfer
The inclusiveness,accessibility,and long-tail characteristics of digital inclusive finance play an important role in addressing the financial exclusion problem faced by agriculture,a weak industry,thereby promoting high-quality agricultural development.Based on panel data from 30 provinces from 2011 to 2020,this study empirically analyzes the mechanisms of digital inclusive finance on high-quality agricultural development in China.The research results indicate that digital inclusive finance has significantly promoted the high-quality development of agriculture in China,with a greater impact on the eastern regions compared to the central and western regions.Its role in promoting shared agricultural development is most evident,while its impact on supporting green agricultural development is relatively weak.Digital inclusive finance advances high-quality agricultural development by accelerating rural industrial integration and enhancing farmland transfer efficiency;additionally,the optimization of industrial structure positively regulates high-quality agricultural development.Therefore,China should implement policies for the development of digital inclusive finance that are tailored to local conditions,promote the integration of digital inclusive finance and green finance;enhance the role of digital inclusive finance in accelerating industrial integration and farmland transfer;optimize the industrial structure and provide conditions for digital finance to promote high-quality agricultural development;and emphasize the promotion of shared agricultural development to empower high-quality growth in agriculture.
Digital Inclusive FinanceHigh-Quality Development of AgricultureIndustrial Integration and Farmland Transfer