Research on the Impact of Digital Finance on Agricultural New Quality Productive Forces—An Empirical Analysis Based on Inter-provincial Balanced Panel Data
Accelerating the development of agricultural new quality productive forces requires efficient financial services as support,making the study of digital finance's impact on agricultural new quality productive forces highly significant.By utilizing balanced panel data from 31 provincial levels between 2015 and 2022,and applying a dual fixed-effects model,this empirical analysis explores how digital finance influences agricultural new quality productive forces.The findings indicate that digital finance significantly boosts the development level of agricultural new quality productive forces.However,different types of digital financial services exhibit varied impacts.Specifically,digital payment and digital insurance services show more pronounced effects on enhancing agricultural new quality productive forces,whereas the influence of digital credit is relatively insignificant.Therefore,it is recommended to strengthen the construction of rural financial service infrastructure,improve the digitization level in agriculture and rural areas,and optimize the alignment of detailed digital finance businesses with economic activities in agriculture and rural areas.
agricultural new quality productive forcesdigital financedigital paymentdigital creditdigital insurance
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