Research On The Impact Of Digital Inclusive Finance On Rural Residents’ Income

With the convening of the National Poverty Alleviation Conference in Beijing last year,the battle for poverty alleviation in my country has also officially reached its end.Although my country has now achieved comprehensive poverty alleviation,the lives of rural residents have been relatively improved,However,there are still many economic development in rural areas relatively backward,and the income of rural residents still maintains a lower level.Since the birthday of the Communist Party of China,it has been pursuing happiness for the people and letting people from all over the country get rid of poverty.Living a good life is the goal of our party who has always been struggling.The stability of rural residents ’life is a prerequisite for the stability of the country,and income is the basis for the stability of rural residents’ lives.With the slowdown of my country’s economic growth,the income growth of rural residents also faces major problems.Increasing the income level of rural residents can not only improve the quality of life of rural residents,but also the core goal of my country’s current rural revitalization strategy.The development of income is inseparable from the support of financial.At present,there is no sound financial system in rural areas in my country,and it is also vulnerable to the rejection of traditional financial institutions.The financial services that can be obtained in rural areas are seriously insufficient,hindering the income level of rural residents’ income levels Improvement.Digital inclusive finance can provide more convenient financial services for rural areas due to low cost,wide coverage,and high efficiency.This article uses the impact of digital inclusive finance on the income of rural residents,analyzes whether it can truly help promote the growth of rural residents’ income,and give the villages to help rural rejuvenation.In this context,the main issues of this article are as follows:First,Can digital inclusive finance truly promote the growth of rural residents’ income? And what is the difference between the impact of different types of income in rural residents?Second,Whether digital inclusive finance has heterogeneity on whether the impact of rural residents’ income in different areas of development? Third,Does Digital inclusive finance have a threshold effect? Fourth,do digital inclusive finance have space spillover effects?Based on this,this article intends to further analyze the empirical model based on the theoretical analysis,and in-depth internal connection between digital inclusive finance and rural residents’ income.At the academic level,this article adopts the literature research method to systematically organize and analyze the research results of the existing factors on the influencing factors of digital inclusive finance and rural residents.Exist the corresponding innovation points.Secondly,on the basis of the theoretical basis for the above problems,this article analyzes the problem and assumes the solution of the problem.At the empirical level,this article is based on the sequence sequence of 10 years of the provinces and cities(excluding Hong Kong,Macao,and Taiwan)in my country from2011-2020 as the research object,using STATA17.0 analysis software,the use of fixed effect model comparison analysis analysis of the relationship between digital inclusive financial development in the three major areas of the east and central and western regions of my country.On this basis,differentiated analysis of the development of digital inclusive finance of different dimensions of the development of digital inclusive finances of rural residents is differentiated.Then,Verify the impact of digital inclusive finance on rural residents’ income through threshold regression models and space effect models.Through the above research,we get the following important research results: First,Sustainable development of digital inclusive finance can drive the economic level of rural residents’ economic level,and drive its income level to rise.Compared with the East and West,the economic effects of digital inclusive in the central rural areas are more significant.Second,Multiple dimensions of digital inclusive finance can promote the income growth of rural residents,and the strongest income increase in breadth,followed by depth,and the weakest promotion effect is the degree of digitalization.Third,digital inclusive finance has a significant effect on wage-type income,production and operation-type income and transfer income,and has no obvious effect on asset-type income.This result is the same in different regions.Fourth,the effect of digital inclusive finance on the impact of the income of rural residents has a threshold effect.When the development level of digital inclusive finance crosses this threshold,its promotion effect will be stronger.Fifth,the impact of digital inclusive finance on the income of rural residents has a significant space overflow effect.Digital inclusive financial development in the region can not only have a role in the real estate,and can also have a role in neighboring areas.On the basis of the above analysis,this article finally believes that on the basis of inclusive finance,we should vigorously promote my country’s digital development,improve the construction of digital infrastructure in rural areas,strengthen the integrated application of digital inclusive finance and other digital technologies,and increase financial support At the same time,residents in rural areas should strengthen awareness of risk prevention.