Digital inclusive finance and the construction of livable and beautiful rural areas-an empirical study based on panel data from 2011 to 2020
Jiaxi Lou
Anhui University of Finance and Economics
DOI: https://doi.org/10.59429/bam.v8i1.13621
Keywords: digital inclusive finance; livable and prosperous rural communities; agriculture and rural development; fixed effects
Abstract
The development of livable, prosperous, and harmonious rural communities represents a strategic decision in China's comprehensive implementation of the rural revitalization strategy for the new era. This initiative holds significant theoretical and practical implications for studying rural development approaches. Digital inclusive finance has broken through traditional financial constraints, creating new opportunities for advancing rural revitalization and promoting high-quality agricultural development, thereby injecting fresh momentum into China's rural progress. Based on panel data from 30 provinces (2011-2020), this study constructs an indicator system for rural development metrics, employs two-way fixed effects and System GMM estimation methods, and examines the impact of digital inclusive finance on rural construction. Findings demonstrate that digital inclusive finance positively contributes to the development of livable, prosperous, and harmonious rural communities. The research provides practical references for policymakers to dynamically monitor digital financial development and enhance rural digital efficiency, ultimately advancing rural revitalization efforts.
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