Impact of inclusive digital finance on the new quality productive forces of agriculture-related enterprises:A mechanism analysis based on rural industry integration
Impact of inclusive digital finance on the new quality productive forces of agriculture-related enterprises:A mechanism analysis based on rural industry integration
Based on the panel data of China's A-share agricultural-related listed enterprises from 2014 to 2022,this study develops an evaluation index system for new quality productive forces across three dimensions:labor,labor tools,and labor objects.It explores the impact of digital inclusive finance on the new quality productive forces of agriculture-related enterprises,and analyzes the underlying mechanism from the perspective of rural industry integration.The results indicate that digital inclusive finance markedly boosts the new quality productive forces of agriculture-related enterprises,with broader coverage expansion having a more notable effect than the intensity of use and the level of digitalization.The mechanism analysis reveals that digital inclusive finance aids agricultural enterprises in engaging in diverse industry integration models,encompassing both vertical extension and cross-industry integration.This includes participation in vertical agricultural industries,such as the processing and marketing of agricultural produce,as well as in cross-sector industries like tourism,leisure,and agritourism.In terms of heterogeneity,the positive effects of digital inclusive finance are more pronounced for enterprises that have not yet undergone significant digital transformation and for those in areas where traditional financial services are less developed,highlighting the inclusive essence of digital inclusive finance.
关键词
数字普惠金融/涉农企业/新质生产力/农村产业融合
Key words
digital inclusive finance/agriculture-related enterprises/new quality productive forces/rural industry integration
万方数据