Effects of Digital Inclusive Finance on the Integrated Development of Rural Industries in Xinjiang
Promoting the integrated development of rural industries is an important measure to deepen the supply-side structural reform of agriculture and improve the comprehensive competitiveness of agriculture.Based on the panel data of 14 prefectures and cities in Xinjiang from 2011 to 2020,this paper analyzed the impact of digital inclusive finance on the integrated development of rural industries in Xinjiang using fixed effect models.The results showed that digital inclusive finance had positive effects on the integration of rural industries in Xinjiang.Factors such as rural living conditions and urbanization level had varying degrees of impact on the integrated development of rural industries in Xinjiang.From different dimensions,the coverage breadth,depth of usage,and digitization of digital inclusive finance promoted the integrated development of rural industries in Xinjiang.And the effects on the integrated development of rural industries increased sequentially.The regional heterogeneity test showed that the promoting effects of digital inclusive finance on the integrated development of rural industries were greatest in northern Xinjiang,followed by southern Xinjiang,and were smallest in eastern Xinjiang.The positive effects were stronger in agriculture and economy more developed areas.Based on this,suggestions were put forward to promote the development of digital inclusive finance and strengthen the construction of rural digitization.
digital inclusive financeintegration of rural industriesimpact effect