Research On The Impact Of Digital Inclusive Finance On High Quality Agricultural Development In Shandong Province

Since the reform and opening up,China’s agriculture has achieved leapfrog development under the good production environment and production efficiency,China’s grain production has steadily increased,and has moved towards the goal of agricultural power.In recent years,Shandong Province actively implement the spirit of the relevant meetings of the Party Central Committee,the development of agriculture and rural areas also towards the shift from sloppy development to intensive,from high-speed growth to the direction of quantitative and qualitative growth.However,in the process of agricultural transformation,it faces problems such as environmental resource constraints,lagging technological progress and loss of highly intelligent talents,while the existence of financing constraints has exacerbated the difficulties faced by agricultural transformation.Compared with traditional inclusive finance,digital inclusive finance breaks through the dual restrictions of time and space and provides more efficient financial services.Therefore,studying the problems and paths of digital inclusive finance in promoting high-quality agricultural development is conducive to solving the current dilemmas faced by agricultural transformation and is of great significance to the further promotion of high-quality agricultural development.In view of this,this paper firstly summarizes the relevant economic theories and discusses the mechanism of digital inclusive finance development on agricultural high-quality development based on the function of inclusive finance;secondly,the article selects 19 indicators to build an evaluation index system of agricultural high-quality development and uses the entropy value method to measure the level of agricultural high-quality development in Shandong Province from 2011 to 2020;then selects the fixed-effect model to empirically analyze the impact of digital inclusive finance development on agricultural high-quality development.The article then selects the fixed-effect model to empirically analyze the impact of digital inclusive finance development on the high-quality development of agriculture,and tests the impact of the three dimensions of digital inclusive finance coverage,depth of use and digitalization on the high-quality development of agriculture,and then divides Shandong Province into "provincial capital economic circle","Jiaodong economic circle " Finally,based on the conclusions obtained from the empirical analysis,the policy recommendations corresponding to the conclusions are proposed in the light of the development of Shandong Province in recent years.The conclusions of this paper are as follows:(1)from the time dimension,the level of agricultural high quality development in Shandong Province shows a trend of slight decrease and then increase;from the spatial distribution pattern,the level of agricultural high quality development in Shandong Province shows a distribution pattern of "high in the middle and low in the east and west",and the eastern Jiaodong Economic Circle is significantly lower than the Lunan Economic Circle in the west.The economic circle in the east of Jiaodong is significantly lower than the economic circle in the west of Lunan.(2)On the whole,digital inclusive finance has a significant impact on the high-quality development of agriculture;from different dimensions,the breadth of coverage and depth of use of digital inclusive finance have a significant positive impact on the high-quality development of agriculture,while the digitalization of digital inclusive finance has no significant impact on the high-quality development of agriculture.(3)The mechanism test shows that digital inclusive finance can improve the high quality development of agriculture by promoting comprehensive agricultural production capacity and the level of agricultural industrialization.(4)Further analysis of regional heterogeneity by dividing the three major economic circles in Shandong finds that the regression results of the provincial capital economic circle and the Jiaodong economic circle are significant,and the impact effect of the Jiaodong economic circle is higher than that of the provincial capital economic circle,while the results of the Lunan economic circle are not significant.(5)The article puts forward specific policy suggestions from the perspectives of promoting solid development foundation,paying attention to backward regions,and strengthening regulatory protection.