Financial innovation and agricultural Investment: Drivers of sustainable growth in China's rural economy with regional variations

Yingxu Yang, Zhiling Wang and Rong Luo

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

Abstract: This research employs data from 31 provinces, autonomous regions, and municipalities in China, covering the period from 2012 to 2022, to explore the effects of financial innovation and agricultural investment on the sustainable progress of the rural economy. The study reveals that: financial innovation plays a crucial role in fostering sustainable rural economic development; agricultural investment serves as a catalyst for sustainable rural economic growth; the influence of financial innovation on sustainable rural development varies across different regions; and the impact of agricultural investment on sustainable rural economic development also exhibits regional heterogeneity.

Keywords: Financial innovation; Agricultural investment; Rural economy; Sustainable development (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:s1059056025003934

DOI: 10.1016/j.iref.2025.104230

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