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Research On Rural Industrial Convergence, Digital Inclusive Finance And County Economic Resilience

Posted on:2024-08-25Degree:MasterType:Thesis
Country:ChinaCandidate:J Y TanFull Text:PDF
GTID:2569307076973959Subject:Finance
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Major changes unseen in a century are accelerating,and uncertain and unpredictable factors such as economic crisis chain transmission,public health crisis,and technological revolution have increased significantly,which has caused a huge impact on economic development.At present,China is facing a systematic adjustment to a new development pattern,and economic development urgently needs to transform to a more resilient direction.As the basic economic unit of the country’s macro-governance,the county is the core field that gathers the rural population and integrates rural areas and urban areas.Cultivating the resilience of the county’s economic development is an important guarantee to ensure that the county,as an important carrier for promoting new urbanization and rural revitalization strategies,plays its supporting role in expanding domestic demand,stabilizing growth,and promoting development.Therefore,it is undoubtedly of great significance to explore the driving mechanism and optimization path of county economic resilience cultivation and provide theoretical guidance and experience reference for the firm reform and development of the county economy and the ultimate realization of high-quality transformation.Based on the new pattern of China’s economic development and transformation,this paper discusses the key influencing factors of the resilient development of the county economy based on combining the new characteristics of a strong agricultural country and Chinese-style agricultural and rural modernization.From the perspective of economic theory,the development model of county economic resilience cultivation is essentially a process of optimizing the allocation of factor resources and alleviating the bottleneck of factor supply.In counties,especially in the vast rural areas,there are still resource allocations that are free from the market mechanism.Rural industrial integration is changing the allocation and proportional relationship of resources and factors among various industrial sectors,which may have an important impact on the resilience of county economic development.Among the supply factors,the demand for funds is the strongest.Therefore,it is also necessary to deepen financial services and increase financial support for the cultivation of county-level economic resilience.However,there are currently few kinds of literature that incorporate the three into the same framework for research,especially ignoring the resilience governance effect of industrial integration.Therefore,this paper takes rural industrial integration and digital inclusive finance as the key influencing factors for the cultivation of county economic resilience and conducts the following specific research.At the theoretical level,based on the theory of evolutionary economics,combined with the actual situation of county economic development,the formation of resistance resilience,recovery resilience,Theoretical analysis framework of county economic resilience in four dimensions including adaptive resilience and transformational resilience.At the same time,starting from the four dimensions of industrial integration,including industrial reshaping,industrial creation,innovation incentives,and human capital diffusion effects,it explains the mechanism of rural industrial integration empowering county economic resilience,and from the perspective of industrial resource allocation effects.The moderating effect of the relationship between the two.At the empirical level,based on the panel data of 1739 counties in China from 2014 to 2020,the indicator system method and the resilience index method are used to measure the resilience of county economic development,and the panel regression is used to empirically test the impact of rural industrial integration on county economy.The impact effect and difference of resilience,and discusses the missing variables,endogenous problem mitigation,and the robustness of coefficient estimation results,and further uses the interaction effect model to test the moderating effect of digital inclusive finance on the governance effect of rural industrial integration resilience.The study found that the integration of rural industries has the function of enhancing the resilience of the county economy.This effect is not only reflected in the improvement of shock absorption ability to resist shocks and disperse risks but also in the improvement of adaptability and transformation ability of structural adjustment.In addition,the resilience governance effect of rural industrial integration has obvious regional heterogeneity.Compared with non-main grain-producing areas,rural industrial integration has a more obvious effect on improving the economic resilience of counties in major grain-producing areas.Digital inclusive finance has effectively improved the resilience governance efficiency of rural industrial integration.With the improvement of the development level of digital inclusive finance,the promotion effect of rural industrial integration on county economic resilience has continued to increase.Finally,combined with the main conclusions and viewpoints,the optimized policy options for rural industrial integration and digital inclusive finance supporting the cultivation of county economic resilience are proposed.The possible contributions of this paper are as follows: firstly,the method of evolutionary economic theory is integrated into the analytical framework of China’s county economic development.The level and its influencing factors have built an analytical framework for industrial integration and digital financial development to support the cultivation of county economic resilience.This enriches the theoretical basis for research on economic resilience.Secondly,revealing how the resilient development of the county economy follows the path of existing comparative advantages.Mechanism innovation,with the help of industrial integration and digital inclusive finance,releases the development potential of county-level economic modernization and then proposes industrial development paths and financial support paths for cultivating county-level economic resilience.The research conclusions and opinions can be used as a reference for relevant departments to promote the development of county-level urban-rural integration.
Keywords/Search Tags:industrial convergence, digital inclusive finance, the building of a strong agricultural country, urban-rural integration development within the county, chinese agricultural modernization
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