Impact mechanism of digital inclusive finance on urban-rural integration development-Empirical evidence based on panel data from the Yangtze River Delta region
Urban-rural integration development is a crucial pathway to narrowing the urban-rural gap,underpinned by the critical role of digital inclusive finance in China's development.Based on data from prefecture-level cities in the Yangtze River Delta region from 2011 to 2021,econometric models were constructed to explore the impact of digital inclusive finance on urban-rural integration.Findings indicate that digital inclusive finance can significantly boost urban-rural integration levels,through its impact on household educational investments;heterogeneity is pervasive in composition dimension of digital financial inclusion,economic development level and region.Consequently,it is recommended to focus on the impact of digital inclusive finance on urban-rural integration development,fostering an autonomous and orderly flow of economic factors,and enhancing regional economic development,particularly in rural areas.
urban-rural integrationdigital inclusive financeeducational investmentYangtze River Delta region