Boundary Impact of Financial Development on Investment in Rural Revitalization—Research on Scale and Efficiency Threshold Based on HECKIT Model
Rural revitalization is an important content of Chinese modernization.As an important component of the rural revitalization strategy,investment in rural revitalization needs to rely on financial development to solve the capital demand.This research adopts HECKIT model to conduct the empirical analysis with selected provincial pan-el data of China.The results show that financial development has a significant positive effect on investment in rural revitalization;there is a significant positive correlation between financial scale and financial efficiency on investment in rural revitalization;High-efficiency financial institutions can minimize the investment risk of rural revitalization projects,further broaden the investment boundary of rural revitalization,and significantly improve the investment efficiency.