Year: 2025
Type: article
Abstract: With the deep integration of digital technology and financial services, digital inclusive finance is constantly showing its unique advantages-inclusiveness and efficiency. This study is devoted to revealing how digital inclusive finance has injected a steady stream of powerful forces into the new agricultural productivity while promoting the development of the new agricultural productivity, and also contributed to the agricultural reform. Based on the panel data of 30 provinces (autonomous regions and municipalities) in China from 2011 to 2022, this paper empirically tests the effect of digital inclusive finance on new agricultural productivity and its internal mechanism through two-way fixed effect model and intermediary effect model. The results show that digital inclusive finance can significantly improve the development of new agricultural productivity, and this conclusion is still valid after a series of robustness tests; The mechanism analysis shows that digital inclusive finance promotes the development level of new agricultural productivity through the high polarization of industrial structure; Heterogeneity analysis shows that the promotion effect of digital inclusive finance on new agricultural productivity is more significant in the southeast area of "Hu Huanyong Line" and high economic development areas; Accordingly, it is suggested to promote the deep integration of digital inclusiveness and agriculture in all directions, further optimize the allocation of rural industrial structure, and fully stimulate the potential energy of digital inclusive finance in rural areas. At the same time, implement the policy of regional differentiation, strengthen the regional balance of digital inclusive finance, and make full use of the "digital dividend" brought by digital inclusive finance to promote the development of new agricultural productivity.
Authors: Guo Hong, Fan Bo
Institution: Chongqing Normal University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W6946008363
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