The impact of digital financial inclusion and urbanization on agricultural mechanization: Evidence from counties of China.

ABSTRACT: This paper expounds the theoretical logic among digital inclusive finance, urbanization, and agricultural mechanization level, puts forward the research hypothesis, and then selects the county unbalanced panel data of 1309 counties in China from 2014 to 2020 based on the two-way fixed model with standard error clustering to county level and mediating effect model for empirical data regression analysis. Through baseline regression analysis, mediation effect analysis, and heterogeneity analysis, the findings of this paper are as follows. First, digital financial inclusion has a significant positive effect on the growth of agricultural mechanization. Second, digital inclusive finance at the county level can also indirectly affect the growth of agricultural mechanization through urbanization.

SUBMITTER: Liu C 

PROVIDER: S-EPMC10621979 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature