Based on provincial panel data from 2011 to 2022 in China,a"capital technology labor"analysis framework is constructed to explore the impact and mechanism of digital inclusive finance on rural industrial integration.Research has found that the development of digital inclusive finance helps promote the integration of rural industries.The conclusion of this study still holds true after us-ing instrumental variable method to overcome endogeneity issues and conducting a series of robust-ness tests.Mechanism testing shows that digital inclusive finance provides good development factor support for rural industrial integration by increasing capital supply,driving technological innovation,and guiding labor force return.Further analysis reveals that there is a threshold effect of digital inclu-sive finance on the integration of rural industries.When the degree of regional industrial structure optimization and the development of new agricultural operators exceed a certain level,the empower-ing effect of digital inclusive finance is more significant.Therefore,it is necessary to accelerate the development of digital inclusive finance in rural areas,and further enhance the empowerment effect of digital inclusive finance on rural industrial integration through measures such as optimizing the enabling environment of digital inclusive finance,strengthening policy support,and enhancing the digital financial literacy of farmers.
digital inclusive financerural industrial integrationrevitalization of rural industries
万方数据
维普
