Digital rural construction, financial development and regional economic resilience: Mechanism analysis and empirical test

Yuran Sun and Canping Chen

International Review of Economics & Finance, 2025, vol. 101, issue C

Abstract: Digital countryside is the strategic direction of rural revitalization, and it is also a new driving force to promote the resilience of county economy. Based on the panel data of counties from 2013 to 2022, this paper constructs an index of regional economic resilience by using entropy weight method, and establishes an econometric model. From the perspective of financial development, this paper discusses the impact of digital rural construction on regional economic resilience, and further analyzes the regional heterogeneity of the effect. The conclusions are as follows: (1) The construction of digital countryside can significantly improve the resilience of county economy, and the impact is still stable after a series of tests; (2) Digital village construction can improve the resilience of county economy by promoting the level of regional financial development; (3) The impact of the construction of digital countryside on the resilience of county economy is characterized by regional heterogeneity, and has different impacts on the eastern, central and western regions and regions with different administrative levels. Based on this, the paper puts forward policy suggestions in three aspects: strengthening the construction of rural digital infrastructure, deepening the structural reform of the financial supply side, and implementing differentiated policy promotion mechanisms, providing policy inspiration for promoting the resilience of regional economy.

Keywords: Digital village construction; Financial development; Economic resilience; Mechanism analysis (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:reveco:v:101:y:2025:i:c:s1059056025003090

DOI: 10.1016/j.iref.2025.104146

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