Research on the Impact of Digital Inclusive Finance on the Income of Rural Residents—Empirical Analysis Based on Provincial Panel Data

本研究选取2012至2022年这一时间跨度，涵盖中国31个省份(包括直辖市和自治区)，以期深入探究数字普惠金融对农村居民收入的潜在影响，并运用固定效应模型开展详尽分析。研究结果表明，数字普惠金融对农村居民收入增长方面发挥了显著的积极作用。此外，研究还揭示了东部与中西部地区在数字普惠金融对农民收入影响上存在显著的区域性差异，其中东部地区的正面效应更为突出。进一步地，通过引入经济发展水平作为中介变量进行中介效应模型分析，结果表明经济发展水平是数字普惠金融影响农民收入的关键中介因素。This study selects the time span from 2012 to 2022, covering 31 provinces (including municipalities directly under the Central Government and autonomous regions) in China, in order to deeply explore the potential impact of digital inclusive finance on the income of rural residents, and carry out a detailed analysis by using the fixed effect model. The results show that digital inclusive finance has played a significant positive role in the income growth of rural residents. In addition, the study also reveals that there are significant regional differences between the eastern and central and western regions in the impact of digital inclusive finance on farmers’ income, and the positive effect in the eastern region is more prominent. Furthermore, by introducing the level of economic development as a mediating variable, the mediating effect model is analyzed, and the results show that the level of economic development is the key mediating factor for digital inclusive finance to affect farmers’ income.