Research on The Impact of Digital Inclusive Finance on Inclusive Rural Growth

Abstract

Inequality of income and opportunity has always been one of the important problems in China's economic development. Digital inclusive finance is an important way to promote inclusive growth. Based on the collection of relevant data of 31 provinces in China from 2011 to 2020, this paper constructs the rural inclusive growth system and obtains the rural inclusive growth level of each province. Moreover, the digital inclusive finance index data from 2011 to 2020 provided by the Digital Finance Research Center of Peking University is used to construct a linear panel regression model. Empirical analysis of the impact of digital inclusive finance on rural inclusive growth level. The results show that the level of inclusive rural growth of each province has fluctuated and increased in the past decade, and there are some differences among provinces. There is a positive spatial correlation between digital inclusive finance and rural inclusive growth, that is, the development of digital inclusive finance can promote the growth of rural inclusive level to a certain extent. Finally, policy recommendations are put forward in the context of the epidemic. In short, digital financial inclusion uses its own advantages to push forward the goal of inclusive rural growth.