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An Empirical Study On The Impact Of Digital Inclusive Finance On Rural Revitalization In Anhui Province

Posted on:2023-05-14Degree:MasterType:Thesis
Country:ChinaCandidate:Q LiFull Text:PDF
GTID:2569306797465724Subject:Finance
Abstract/Summary:PDF Full Text Request
China enters the key year of the 14 th Five-Year Plan in 2022,and solving issues related to agriculture,rural areas and farmers is the top priority for the Communist Party of China.Nowadays,finance is the core of the modern economy,and has significance on economic development.The No.1 document of the Central Government in 2021 stated to develop digital inclusive finance to build a modernized countryside and promote rural revitalization.It is a hot topic that the digital inclusive finance alleviates the issues about agriculture,rural areas and farmers,but previous studies have mainly focused on digital inclusive finance or inclusive finance to promote farmers’ income,alleviate poverty and reduce income disparity,but less research has been conducted on the impact on rural revitalization.The research purpose of this paper is to investigate the impact of digital inclusive finance on rural revitalization in Anhui Province.Firstly,the paper introduces the development of digital inclusive finance and rural revitalization in Anhui Province,then states the theoretical mechanism and related hypotheses.the paper analyzes the impact of digital inclusive finance on rural revitalization in Anhui Province by panel model.The Digital Inclusive Finance Index of Anhui Province is selected from the Digital Inclusive Finance Index of Peking University the Anhui Rural Revitalization Index is measured by entropy weight method from five different dimensions.A static panel is used to verify digital inclusive finance effecting rural revitalization;furtherly,using the way confirms the breadth of coverage,the depth of use and the degree of digitalization promote rural revitalization;the threshold model is used to explore the influence of the degree of digital inclusive finance development on the promotion effect of rural revitalization in Anhui Province.The conclusions of this paper is as follows:(1)the digital inclusive finance significantly promotes rural revitalization in Anhui Province;(2)the three dimensions of digital inclusive finance have different effects on rural revitalization in Anhui Province,the depth of use has the greatest effect,the breadth of coverage is the second,and the degree of digitalization has the least effect;(3)there is no threshold effect for the development of digital inclusive finance in Anhui Province to promote rural revitalization,the promotion effect of digital inclusive finance for rural revitalization is not significant in Anhui Province.Finally,here is the suggestions based on the analysis introduced in the previous section,which are made for the development of digital inclusive finance in Anhui Province:(1)improve residents’ financial awareness and deepen the depth of digital inclusive finance usage;(2)promote the digital transformation of rural financial entities and improve the breadth of digital inclusive finance coverage;(3)build rural information infrastructure and enhance the degree of digitalization.
Keywords/Search Tags:Rural revitalization, Digital financial inclusion, Coverage breadth, Depth of use, digital
PDF Full Text Request
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