Digital Inclusive Finance,Rural Residents Consumption and Rural Economic Growth
Based on the panel data of 31 provinces in China from 2011 to 2020,this paper constructs a dynamic panel model and uses system GMM estimation methods to explore the effect and impact mechanism of digital inclusive finance on rural economic growth.The research shows that digital inclusive finance can promote rural economic growth at the national level,and can signifi-cantly promote rural economic growth in the three sub dimensions of digital inclusive finance coverage,depth of use and digital degree.The role of digital inclusive finance in promoting rural economic growth at the regional level is heterogeneous,especially in the central and western regions;using the intermediary effect test mechanism,this paper founds that digital inclusive finance can promote rural economic growth through rural residents'consumption channels.
digital inclusive financerural economic growthrural residents'consumptionsystem GMMintermediary effect