RETRACTED ARTICLE: Digital Inclusive Finance as a Catalyst for Rural Revitalization: An Empirical Analysis from the County Development Perspective in Hubei Province

Yingyuan Liu (), Qian Wan and Wenhui Chen
Additional contact information
Yingyuan Liu: Hubei University of Technology
Qian Wan: Hubei University of Technology
Wenhui Chen: Hubei University of Technology

Journal of the Knowledge Economy, 2024, vol. 15, issue 3, No 58, 11548-11580

Abstract: Abstract The study examines the role of digital inclusive finance in the context of comprehensively promoting the rural revitalization strategy, specifically focusing on the significance of counties as pivotal agents in facilitating urban–rural integration and driving the success of rural revitalization efforts. Utilizing data from 52 counties and cities in Hubei Province, the research investigates the impact of digital inclusive finance on the development of rural revitalization from the unique perspective of counties. The empirical analysis reveals that digital inclusive finance, encompassing the total index along with breadth of coverage, depth of use, and digitization index, exerts a substantial and positive influence on enhancing the development level of rural revitalization. By leveraging digital inclusive finance, sustainable rural revitalization is promoted through the facilitation of county economic development, the promotion of technological innovation, and support for upgrading industrial structures. To achieve significant progress in rural Hubei and to establish a robust agricultural province, the study advocates for prioritizing the construction of rural digital inclusive finance and strengthening the county digital inclusive finance system. Moreover, enhancing the comprehensive development capacity of counties and strategically utilizing digital inclusive finance as a catalyst for rural revitalization are identified as crucial elements in realizing the overarching rural revitalization goals. Additionally, the research emphasizes the importance of deepening the development of agricultural science and technology and advancing the level of scientific and technological innovation to further support and reinforce the objectives of rural revitalization.

Keywords: Digital inclusive finance; Rural revitalization; County economy (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://link.springer.com/10.1007/s13132-023-01493-5 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:jknowl:v:15:y:2024:i:3:d:10.1007_s13132-023-01493-5

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/13132

DOI: 10.1007/s13132-023-01493-5

Access Statistics for this article

Journal of the Knowledge Economy is currently edited by Elias G. Carayannis

More articles in Journal of the Knowledge Economy from Springer, Portland International Center for Management of Engineering and Technology (PICMET)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().