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

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.

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Publication Details

Journal
International Review of Economics & Finance
Published
2025-06-02
DOI
https://doi.org/10.1016/j.iref.2025.104230
Citations
2
Primary Topic
Microfinance and Financial Inclusion
Type
article
Field-Weighted Citation Impact
6.26

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article

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

Yang Yu, Zhiling Wang, Rong Luo
2 citations
International Review of Economics & Finance
Microfinance and Financial Inclusion
6.26
article

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

Yang Yu, Zhiling Wang, Rong Luo
article en
2 citations

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.

International Review of Economics & FinanceVol. 101
Guizhou University (CN), Guiyang University (CN), Guizhou Institute of Technology (CN)
National Office for Philosophy and Social Sciences, National Social Science Fund of China
Zero hunger
Openalex Percentile: Top 4%
Microfinance and Financial Inclusion
6.26
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