Innovation Economics and Management Research (IEMR)

Publisher:ISCCAC

Research on the Impact of Digital Inclusive Finance on Farmers' Income Increase and Spatial Spillover Effect Based on Panel Data Analysis of 29 Provinces and Cities in China
Volume 8
Authors

Ruobing Zhou

Corresponding Author

Ruobing Zhou

Publishing Date

November 15, 2024

Keywords

Rural revitalization, Inclusive finance, Farm household income increase.

Abstract

The year 2024 is the 75th anniversary of the founding of New China, and also a key year to achieve the goals and tasks of the“14th Five-Year Plan”, and an important year for rural revitalization, high-level recovery and high-quality development of the cultural and tourism industry. At this stage, the problem of unbalanced and insufficient development in rural areas is still very obvious, and the most arduous and burdensome task is still in the countryside in order to promote common prosperity. Therefore, increasing the disposable income of rural households and enabling rural residents to enjoy more of the fruits of economic development is the key to promoting the strategy of rural revitalization and promote the common prosperity of all people. This paper uses the disposable income of rural residents in 29 provinces and cities and the digital financial inclusion index of Peking University from 2013 to 2021 to set up a panel regression model, discusses the correlation and spatial effect of the digital financial inclusion index on the income increase of rural households from the theoretical level and the empirical analysis level, reveals the shortcomings of the traditional finance in the promotion of rural households' income increase, and provides new ideas for the further study of the promotion of rural households' income increase by the digital financial inclusion index. Provide new ideas for further research on digital inclusive finance to promote income increase of farm households.

Copyright

© 2024, the Authors. Published by ISCCAC

Open Access

This is an open access article distributed under the CC BY-NC license