Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)

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Impact of Digital Financial Inclusion Development on Rural Income Levels

Authors
Cuiying Pan1, *, Xiuli Mo1
1School of Digital Economy, Nanning University, Nanning, Guangxi, China
*Corresponding author. Email: pancuiyingpcy@sina.com
Corresponding Author
Cuiying Pan
Available Online 7 May 2024.
DOI
10.2991/978-94-6463-408-2_31How to use a DOI?
Keywords
Digital Financial Inclusion; Rural Income Level; Multiple Regression Modeling
Abstract

In recent years, the continuous development of digital technology and inclusive finance has provided a strong impetus for rural revitalization. With the advantages of wide coverage, low cost and wide range of service targets, digital inclusive financial services have become a key support for solving the “three rural” problem and promoting rural revitalization. Based on this, this paper selects the county-level data of 12 counties and districts in Nanning City from 2016 to 2021 and uses regression analysis and fixed effect model to test the impact of the development of digital financial inclusion on the level of rural income in Nanning City. The results show that digital inclusive finance has a significant positive effect on the level of rural income, and with the deeper development of digital inclusive finance, the stronger the effect on farmers’ income increase. Therefore, in order to give full play to the role of digital financial inclusion in increasing farmers’ income and create a new model of digital financial inclusion in “smart countryside”, the popularization of digital financial inclusion in rural areas should be promoted.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2024
ISBN
10.2991/978-94-6463-408-2_31
ISSN
2352-5428
DOI
10.2991/978-94-6463-408-2_31How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Cuiying Pan
AU  - Xiuli Mo
PY  - 2024
DA  - 2024/05/07
TI  - Impact of Digital Financial Inclusion Development on Rural Income Levels
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 274
EP  - 281
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_31
DO  - 10.2991/978-94-6463-408-2_31
ID  - Pan2024
ER  -