Does digital inclusive finance promote agricultural development?A test based on threshold and spillover effects
Jianghua Feng and
Yu Wang
Finance Research Letters, 2024, vol. 69, issue PA
Abstract:
This paper investigates the connection between the advancement of high-quality agricultural development and digital inclusive finance using data from China's province panels covering the years 2011 to 2021. The results reveal several key insight:1)Digital inclusive finance can significantly contribute to high-quality agricultural development; 2)The impact is characterized by non-linearity, and it displays threshold traits associated with the entrepreneurship of rural residents; 3)Spatial spillover effects suggest that digital inclusive finance not only contributes to the region's increasing level of high-quality agricultural development, but it also supports the high-quality agricultural development processes of surrounding regions.
Keywords: Digital inclusive finance; High-quality agricultural development; Threshold effects; Spatial spillover effects (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324011334
DOI: 10.1016/j.frl.2024.106104
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