HUBEI AGRICULTURAL SCIENCES ›› 2024, Vol. 63 ›› Issue (9): 221-226.doi: 10.14088/j.cnki.issn0439-8114.2024.09.037

• Economy & Management • Previous Articles     Next Articles

The influence of digital financial innovation on rural economic development under the background of rural revitalization

MA Yu-juan, SUN Min   

  1. College of Economics and Management, Xi' an Mingde Institute of Technology, Xi' an 710124, China
  • Received:2024-06-05 Online:2024-09-25 Published:2024-09-30

Abstract: Using the fixed effect model and GMM model, the influence of digital financial innovation on rural economic development was mainly analyzed. The results showed that digital financial innovation was positively related to the level of rural economic development, that was, digital finance could effectively promote rural economic development. The higher the popularity and convenience of digital finance, the stronger the promotion of rural economic development level. In addition, there were regional differences in the role of digital finance in promoting rural economy, with the eastern region being the weakest, the western region being the middle and the central region being the strongest.

Key words: rural revitalization, digital finance, financial innovation, rural economy, inclusive service

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