Research On Promoting The Integrated Development Of The Three Industries In Rural Areas Through Digital Inclusive Financ

The integrated development of rural three industries is an important strategic deployment for carrying out agricultural supply side reform and assisting in new rural development.However,the integration of rural three industries is facing prominent financial difficulties.The development of digital inclusive finance can provide convenient and rich funding for the integration of rural three industries.Currently,the development of digital inclusive finance to support the integration of rural three industries is just beginning,and there are still problems such as service mismatch and credit discrimination in practice.Therefore,this article focuses on the theme of "Digital Inclusive Finance Promoting the Integration and Development of Rural Three Industries".This research helps to promote the construction of rural digital inclusive finance,accelerate the integration and development of rural three industries,and promote high-quality and modern development of the rural economy.Firstly,this article discusses the direct and indirect mechanisms of digital inclusive finance to promote the integration of rural three industries,and proposes research hypotheses.Secondly,based on China’s provincial panel data from 2011 to 2020,the entropy method is used to calculate the level of rural integration of three industries in 30 provincial regions in China.Then,construct a fixed effect model,a panel threshold model,and a dual difference model to empirically test the effectiveness,threshold effect,and policy effect of digital inclusive finance in promoting the integration of rural three industries,and conduct a robustness test.With the help of heterogeneity analysis,this paper reveals the differences of digital inclusive finance in promoting the integration of rural three industries.Using a regulatory effect model,the impact mechanism of digital inclusive finance to promote the integration of rural three industries is verified.Finally,it discusses the existing typical practical cases and summarizes the case inspiration.This article draws the following conclusions: First,digital inclusive finance effectively promotes the integration of rural three industries.The overall index of digital inclusive finance and all dimensions have significant threshold effects on the integration of rural three industries.The introduction of digital inclusive finance policy has played a good policy effect.Secondly,digital inclusive finance has a heterogeneous impact on the development of rural integration of three industries.The contribution of digital inclusive finance to the level of rural integration of three industries in the eastern region is significantly higher than that in the central and western regions;All dimensions of digital inclusive finance have a significant promoting effect on the integration of rural three industries,with the highest regression coefficient for coverage,followed by the degree of digitization and depth of use;The role of digital inclusive finance in promoting rural integration of three industries is related to the current development situation of rural integration of three industries.Thirdly,construct a regulatory effect model to explore and find that the level of technological innovation,agricultural modernization,and risk dispersion all have a positive regulatory effect on the promotion of digital inclusive finance to promote the integration of rural three industries.Fourth,the existing successful practice cases in China indicate that national policy support,innovative service methods of financial institutions,and multi-party cooperation such as government,bank,and insurance are crucial to the practice of digital inclusive finance in promoting the integration of rural three industries.Based on the above research conclusions,the following policy recommendations are proposed: First,improve the financial ecological environment and consolidate the foundation of rural integration of three industries.Second,rationally allocate digital inclusive financial resources to stabilize the integration of rural three industries.Third,improve the role adjustment mechanism and weave a dense network of rural integration of three industries.