Research on the Mechanism and Effects of Digital Inclusive Finance in Promoting the Development of Rural Revitalization: Based on Spatial Spillover Effects

This paper first analyzes the mechanism of digital inclusive finance in promoting the development of rural revitalization from a theoretical perspective, and then conducts, using provincial panel data from 2012 to 2022 as a sample, an empirical study of the effects of digital inclusive finance in promoting the development of rural revitalization. The empirical results show that firstly, digital inclusive finance can significantly promote the development of rural revitalization, and through technological innovation in agriculture, it can also indirectly promote the development of rural revitalization; this result has passed stability test and endogeneity test. Secondly, the promoting effect of digital inclusive finance on rural revitalization is significant in the eastern and western regions, but its incentive effect is not obvious in the central region. Finally, digital inclusive finance displays a significant spatial spillover effect in promoting rural revitalization. Based on the above empirical research conclusions, this paper proposes a series of targeted recommendations to help better promote rural revitalization.