Research On The Coupling Relation Between Inclusive Financial Development And Poverty Alleviation In Rural Areas Of China

Inclusive financial development is extremely important to poverty alleviation in Chinese rural areas.It is also the goal of lifting all people out of absolute poverty by 2020.There is a long-term and stable relation between the level of inclusive financial development and poverty alleviation in rural areas of China,which needs to be verified theoretically and empirically.The theme of this dissertation is to explore the coupling effect between rural inclusive financial development and poverty alleviation from time series data.This research is based on inclusive finance theory,system cooperation theory and coupling theory.The effect of inclusive financial development on poverty alleviation and the requirements of inclusive finance for achieving poverty alleviation constitute the theoretical basis of the coupling relation between inclusive financial development and poverty alleviation.For inclusive financial development and poverty alleviation in rural areas,the corresponding index system is constructed,and the weight of index is determined by entropy weight method and principal component analysis method.The time series data of the development level of inclusive finance and poverty alleviation in rural areas of China are obtained as the basic samples to verify the coupling relation.Two systems are guaranteed by cointegration test and Granger causality test.For there is a coupling relation between the two systems,the coupling model is established to obtain the long-term trend of coupling coordination,and the results of the study on the coupling relation and effect between rural inclusive financial development and poverty alleviation in rural areas of China are obtained.Firstly,the background,purpose and significance of this dissertation are described,and the academic research on inclusive finance to promote poverty alleviation mechanism,impact effects,the evaluation indicators and coupling coordination methods of two systems are summarized and discussed.From this,the research frame of the article is established.Secondly,the paper clarifies the theoretical basis of the coupling relation between inclusive financial development and poverty alleviation in rural areas of China.The poverty reduction significance,the synergy between the inclusive financial development and the poverty alleviation,the coupling relation between inclusive financial development and poverty alleviation are theoretically clarified.Material capital,human capital and social capital specifically explain the mechanism of inclusive financial development for poverty alleviation.From inclusive financial products contact,service penetration and agricultural support efficiency explain the demand of poverty alleviation for inclusive financial development and further clarifies the long-term stable interaction between the two.Thirdly,the development level of inclusive finance and the current situation of poverty alleviation in rural areas of China are divided.Combining with the actual development situation,consulting the relevant data and collecting time series data samples,the research constructs two corresponding index systems to measure the level of inclusive financial development and poverty alleviation.The development level of inclusive finance and the temporal trend of poverty alleviation in rural areas are obtained,which lays the foundation for further analysis of coupling relation.Finally,the coupling relation between inclusive financial development level and rural poverty alleviation is tested empirically.The long-term stable interaction between the two systems is determined by Cointegration test and Granger causality test,which establish coupling coordination for the establishment of coupling models.The results of the coupling model show that the phase characteristics of coordination between inclusive financial development level and rural poverty alleviation are obvious.Generally speaking,as time goes by,they are in a good coordination state.But to achieve the goal of quality coordination needs further development and efforts.Due to the influence of external policies and financial environment,the coordination relation between the two will be affected to a certain extent,but it will eventually return to the state of coordinated development and mutual promotion.According to the results of the coupling model,the reality of inclusive financial development and rural poverty alleviation,in order to improve the system of inclusive financial institutions,which helps to promote the coordinated development of the two systems,contributing to the completion of 2020's aim.Three aspects of enriching the supply of financial products,strengthening the penetration of inclusive finance and expanding the scope of financial services,enhancing the efficiency of inclusive finance in supporting agriculture and increasing the depth of financial construction policy recommendations are given.