Research on the impact of digital finance development on farmers'income inequality:Analysis based on the adjusting role of marketization level
The development of digital finance provides a new opportunity to reduce the income inequality of farmers.This paper,by constructing a theoretical analysis framework of the impact of digital finance development and marketization level on rural household income inequality,and based on the data of China Labor Dynamics Survey(CLDS),empirically studies the impact of digital finance development on rural household income inequality.The research finds that the development of digital finance can significantly inhibit the income inequality of rural households,and the marketization sub-dimensions such as the overall level of marketization,the relationship between government and market,the development of non-state-owned economy,the development degree of product market and the development degree of factor market,can all significantly strengthen the inhibitory effect of digital finance on the income inequality of rural households.Further analysis shows that the coverage breadth and use depth of digital finance have a slightly stronger inhibitory effect on rural household income inequality than the digital level,and the development of digital finance has a more significant inhibitory effect on rural household income inequality in the central and western regions.Moreover,the overall level of marketization can also significantly strengthen the inhibitory effect of digital finance coverage,usage depth,and digitalization level on income inequality among farmers.The research conclusion provides a new research perspective and empirical evidence for alleviating the income inequality of peasant households.
digital financemarketization levelrural household income inequalitycommon prosperity
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