Chasm or Bridge: The Impact of Digital Inclusive Finance on Farmers' Incomes
Evidence from China
DOI:
https://doi.org/10.54097/fbem.v5i2.1767Keywords:
Digital Inclusive, Finance Farmers' Income, Digital Economy, Economic Development.Abstract
The increase in the level of development of digital inclusive finance provides unlimited possibilities for the economic development of each country. By using panel data of 31 provinces in China from 2011-2020, a panel fixed effects model, mediating effects model and threshold regression model were constructed to conduct an empirical study and found that: digital inclusive finance can promote the growth of farmers' income by expanding the breadth of coverage and depth of use, with a more significant impact on the eastern and central regions of the mediating variable is the level of innovation and entrepreneurship. With the development of digital inclusive finance, there is a non-linear change in the coefficient of the impact of the level of digital inclusive finance development on the per capita disposable income of rural residents, which first decreases and then increases.
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