Digital inclusive finance and agricultural green development in China: A panel analysis (2013–2022)
• Digital inclusive finance positively affects agricultural green development through agricultural technology innovation and alleviating agriculture-related financing constraints. • The coverage breadth of digital inclusive finance has the greatest effect on agricultural green development. • The promoting effect of digital inclusive finance on agricultural green development is more pronounced in the eastern region. • The results are of great significance to policy makers to better understand digital inclusive finance's impact on green agriculture and promote green agriculture. Digital inclusive finance breaks financial barriers to promote agricultural green development in rural areas. We investigate the impact of digital inclusive finance on agricultural green development based on panel data from 2013 to 2022 in China. The results show that digital inclusive finance can promote the agricultural green development by improving agricultural technology innovation and alleviating agriculture-related financing constraints. The coverage breadth of digital inclusive finance has the greatest effect on agricultural green development, and the promoting effect of digital inclusive finance on agricultural green development is more pronounced in the Eastern region and in non-major grain producing areas. Overall, our findings provide timely policy evaluations on new policy trends in China.
Authors
- Leqi Chen
- Kang Xia (ORCID: https://orcid.org/0000-0002-4092-3403)
- Jie Guo (ORCID: https://orcid.org/0000-0001-8767-8874)
Institutions
- Minzu University of China (CN)
- China University of Political Science and Law (CN)
- Beijing Administration Institute (CN)
Publication Details
- Journal
- Finance research letters
- Published
- 2024-09-21
- DOI
- https://doi.org/10.1016/j.frl.2024.106173
- Citations
- 34
- Primary Topic
- Energy, Environment, Economic Growth
- Type
- article
- Field-Weighted Citation Impact
- 38.39
Funders
- National Office for Philosophy and Social Sciences