| With the advancement of market-oriented reform in China’s rural areas and the development of urbanization and industrialization,the gap between urban and rural development has gradually increased,and under the influence of profit-seeking factors,agricultural production factors have begun to flow from rural to urban areas.The one-way flow of a large number of agricultural production factors into the cities has led to the phenomenon of abandonment of agricultural land,concomitation of farmers and hollowing out of rural areas,and the development of agricultural modernization has lagged behind the modernization development process of other industries,which has become a short board of China’s modernization development.As of 2023,the Central Document No.1 has focused on the "three rural issues" for 20 consecutive years,and promulgated a series of policies to benefit farmers and support farmers.However,in the process of agricultural and rural development,the problem of mismatch of agricultural production factors is still relatively serious.Factor mismatch is relative to the "effective allocation" proposed by economists,economic theory believes that in a perfectly competitive market environment,if all factors can flow freely based on market effects to achieve Pareto optimality,then its allocation is "effective",if it deviates from this situation,the resource elements are said to be in the "element mismatch" state.Therefore,it is of great significance to accurately identify the mismatch of agricultural production factors and correct the mismatch of agricultural production factors with the help of digital village construction dividends.Therefore,this paper discusses the logical relationship and mechanism of alleviating the mismatch of agricultural production factors from three aspects: the cracking ability,activation ability and reconstruction ability of digital village construction,and corresponds to the mechanism framework and implementation path for the rational allocation of agricultural production factors through the three stages of "two-way flow-initial integration-integration and symbiosis".The provincial panel data was used to empirically test the effects,mechanisms and differences of digital village construction on the mismatch of agricultural labor,capital and land factors.It is found that digital village construction has a significant optimization effect on the misallocation of agricultural labor and land factors,and there is no positive sign of the impact on capital misallocation.Mechanism analysis shows that digital village construction can improve the mismatch between labor and land factors by breaking the restrictions of cross-regional development of labor and stimulating the vitality of traditional factor markets.The heterogeneity analysis shows that the construction of digital villages has different degrees of impact on the eastern,central and western regions,and the areas with excessive and insufficient factor allocation.Accordingly,this paper proposes to accumulate human capital and vigorously advocate talents to return to the countryside;Improve the "separation of powers" of agricultural land and the construction of digital industries,and improve the efficiency of land factor utilization;Suggestions on improving and optimizing the investment environment for rural industries,strengthening the cultivation of rural characteristic industries and innovative venture capital investment. |