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The Impact of Digital Financial Inclusion on Green and Low-Carbon Agricultural Development

Author

Listed:
  • Yan Liu

    (College of Economics, Sichuan Agricultural University, Chengdu 611130, China
    These authors contributed equally to this work.)

  • Ya Deng

    (College of Economics, Sichuan Agricultural University, Chengdu 611130, China
    These authors contributed equally to this work.)

  • Binyao Peng

    (College of Economics, Sichuan Agricultural University, Chengdu 611130, China)

Abstract

Under the “two-carbon” goal, the green and low-carbon development of agriculture is a critical way to consummate agricultural modernization and high-quality economic establishment. Digital inclusive finance eases credit restrictions. It enhances the availability of funds for farmers. It promotes the integration of agricultural industries and talent gathering through digitalization, improves the standard of agricultural production and promotes the development of green and low-carbon agricultural modernization in China. This paper uses panel data for 2011–2021, which includes 31 provinces in China. Green and low-carbon development indicators of agriculture were constructed and calculated, and the comprehensive horizontal spatial differentiation map of GIS technology was used for analysis. A spatial panel model was set up at the same time, to explore the impact and mechanism test of digital financial inclusion on the green and low-carbon development of agriculture, and regional heterogeneity was analyzed. (1) Digital financial inclusion can promote the green and low-carbon development of agriculture, and its influence has a positive spatial spillover effect. (2) The education level of the labor force plays an intermediary role and is the transmission mechanism of digital financial inclusion and the green and low-carbon development of agriculture. (3) The impact of digital financial inclusion on green and low-carbon agricultural development has regional heterogeneity.

Suggested Citation

  • Yan Liu & Ya Deng & Binyao Peng, 2023. "The Impact of Digital Financial Inclusion on Green and Low-Carbon Agricultural Development," Agriculture, MDPI, vol. 13(9), pages 1-21, September.
    • Handle: RePEc:gam:jagris:v:13:y:2023:i:9:p:1748-:d:1231825
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    References listed on IDEAS

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    1. Xiaowen Dai & Yi Chen & Chunyan Zhang & Yanqiu He & Jiajia Li, 2023. "Technological Revolution in the Field: Green Development of Chinese Agriculture Driven by Digital Information Technology (DIT)," Agriculture, MDPI, vol. 13(1), pages 1-18, January.
    2. Heping Ge & Bowen Li & Decai Tang & Hao Xu & Valentina Boamah, 2022. "Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry," IJERPH, MDPI, vol. 19(6), pages 1-18, March.
    3. Sasidharan, Subash & Jijo Lukose, P.J. & Komera, Surenderrao, 2015. "Financing constraints and investments in R&D: Evidence from Indian manufacturing firms," The Quarterly Review of Economics and Finance, Elsevier, vol. 55(C), pages 28-39.
    4. Qianqian Li & Qilin Liu, 2023. "Impact of Digital Financial Inclusion on Residents’ Income and Income Structure," Sustainability, MDPI, vol. 15(3), pages 1-20, January.
    5. Mingyong Hong & Mengjie Tian & Ji Wang, 2022. "Digital Inclusive Finance, Agricultural Industrial Structure Optimization and Agricultural Green Total Factor Productivity," Sustainability, MDPI, vol. 14(18), pages 1-18, September.
    6. Zhanqiang Zhou & Yuehua Zhang & Zhongbao Yan, 2022. "Will Digital Financial Inclusion Increase Chinese Farmers’ Willingness to Adopt Agricultural Technology?," Agriculture, MDPI, vol. 12(10), pages 1-21, September.
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    Cited by:

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