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Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry

The development of digital financial inclusion helps create a healthy rural financial ecological environment and plays an important role in integrating rural tertiary industries. This paper incorporates digital financial inclusion into the rural tertiary industry integration research framework. Furt...

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Detalles Bibliográficos
Autores principales: Ge, Heping, Li, Bowen, Tang, Decai, Xu, Hao, Boamah, Valentina
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8954514/
https://www.ncbi.nlm.nih.gov/pubmed/35329048
http://dx.doi.org/10.3390/ijerph19063363
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author Ge, Heping
Li, Bowen
Tang, Decai
Xu, Hao
Boamah, Valentina
author_facet Ge, Heping
Li, Bowen
Tang, Decai
Xu, Hao
Boamah, Valentina
author_sort Ge, Heping
collection PubMed
description The development of digital financial inclusion helps create a healthy rural financial ecological environment and plays an important role in integrating rural tertiary industries. This paper incorporates digital financial inclusion into the rural tertiary industry integration research framework. Furthermore, it adopts the double-difference method to empirically analyze the impact of the development of digital financial inclusion on rural tertiary industry integration from the perspective of policy impact. In addition, it considers regional differences in the financial ecological environment; robustness tests were carried out using methods such as placebo tests and validated the conduction mechanism. The study through the double-difference model found that digital financial inclusion is very conducive to promoting rural tertiary industry integration; using the quantile DID (difference in differences) method to analyze the heterogeneity, it is concluded that there is a heterogeneous impact on rural tertiary industry integration. It exerts a more significant improvement in provinces and cities with higher rural tertiary industry integration levels. Constructing an intermediary effect model to verify the transmission mechanism concludes that the policy has promoted the improvement of rural tertiary industry integration efficiency by promoting technological innovation, improving agricultural modernization, and building a risk-sharing mechanism. Finally, it puts forward policy recommendations from optimizing the financial ecological environment, rationally allocating financial resources, and perfecting the transmission mechanism.
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spelling pubmed-89545142022-03-26 Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry Ge, Heping Li, Bowen Tang, Decai Xu, Hao Boamah, Valentina Int J Environ Res Public Health Article The development of digital financial inclusion helps create a healthy rural financial ecological environment and plays an important role in integrating rural tertiary industries. This paper incorporates digital financial inclusion into the rural tertiary industry integration research framework. Furthermore, it adopts the double-difference method to empirically analyze the impact of the development of digital financial inclusion on rural tertiary industry integration from the perspective of policy impact. In addition, it considers regional differences in the financial ecological environment; robustness tests were carried out using methods such as placebo tests and validated the conduction mechanism. The study through the double-difference model found that digital financial inclusion is very conducive to promoting rural tertiary industry integration; using the quantile DID (difference in differences) method to analyze the heterogeneity, it is concluded that there is a heterogeneous impact on rural tertiary industry integration. It exerts a more significant improvement in provinces and cities with higher rural tertiary industry integration levels. Constructing an intermediary effect model to verify the transmission mechanism concludes that the policy has promoted the improvement of rural tertiary industry integration efficiency by promoting technological innovation, improving agricultural modernization, and building a risk-sharing mechanism. Finally, it puts forward policy recommendations from optimizing the financial ecological environment, rationally allocating financial resources, and perfecting the transmission mechanism. MDPI 2022-03-12 /pmc/articles/PMC8954514/ /pubmed/35329048 http://dx.doi.org/10.3390/ijerph19063363 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Ge, Heping
Li, Bowen
Tang, Decai
Xu, Hao
Boamah, Valentina
Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title_full Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title_fullStr Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title_full_unstemmed Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title_short Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry
title_sort research on digital inclusive finance promoting the integration of rural three-industry
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8954514/
https://www.ncbi.nlm.nih.gov/pubmed/35329048
http://dx.doi.org/10.3390/ijerph19063363
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