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

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.

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Publication Details

Journal
International Review of Economics & Finance
Published
2025-05-05
DOI
https://doi.org/10.1016/j.iref.2025.104146
Citations
14
Primary Topic
Regional resilience and development
Type
article
Field-Weighted Citation Impact
43.84

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article

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

Yehuan Sun, C. Chen
14 citations
International Review of Economics & Finance
Regional resilience and development
43.84
article

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

Yehuan Sun, C. Chen
article en
14 citations

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.

International Review of Economics & FinanceVol. 101
Southwest Minzu University (CN)
Southwest Minzu University, National Social Science Fund of China
Openalex Percentile: Top 0%
Regional resilience and development
43.84
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