摘要
普惠金融作为农村经济发展的重要驱动力,是落实乡村振兴战略的关键因素。本文从理论上分析了普惠金融影响乡村振兴的机理、财政支农在其中的调节效应以及二者可能存在的非线性特征,并基于2007—2021年省级面板数据,利用个体、时间双固定效应模型进行了实证检验。研究发现:(1)普惠金融能够显著推进乡村振兴,且在考虑内生性问题与稳健性检验后依然成立。(2)普惠金融对乡村振兴的促进作用表现出明显的地域特征,东部地区的促进效果显著强于中西部地区。(3)乡村振兴战略实施过程中,财政支农有助于“放大”普惠金融对乡村振兴的促进作用。(4)普惠金融对乡村振兴的促进作用具有随着经济发展水平及财政支农强度的提高而不断增强的非线性特征。未来应强化普惠金融在乡村振兴中的作用,推动不同地区普惠金融均衡发展,并把缩小城乡收入差距作为实现乡村振兴战略的重要途径;同时,建立灵活适度的财政支农机制,为提升普惠金融对乡村振兴的促进作用提供良好的外部环境。
As an important driving force for rural economic development,inclusive finance is a key factor in the implementation of the rural revitalization strategy.This paper theoretically expounds the mechanism of inclusive finance affecting rural revitalization,the regulatory effects of financial support for agriculture and the potential non-linear characteristics of the two.Based on the provincial panel data from 2007 to 2020,we conduct an empirical test using the individual and time double fixed effect model.This paper finds that:(1)Inclusive finance can significantly promote rural revitalization,and this positive effect is still established after considering endogenous problems and conducting robustness tests.(2)The promotion effect of inclusive finance on rural revitalization shows different regional characteristics,and the promotion effect in the eastern region is significantly higher than that in the central and western regions.(3)The current process of implementing the rural revitalization strategy,financial support for agriculture helps to"amplify"the effect of inclusive finance on rural revitalization and development.(4)The promotion effect of inclusive finance on rural revitalization has a non-linear characteristic that is increasing with improvements of economic growth level and financial support for agriculture.In light of this,in the future,we should strengthen the important role of inclusive finance in rural revitalization,promote the balanced development of inclusive finance in different regions,and take narrowing the urban-rural income gap as an important way to promote the rural revitalization strategy.At the same time,a flexible and appropriate financial support mechanism for agriculture should be established to provide a good external environment for the development of inclusive finance.
出处
《金融监管研究》
CSSCI
北大核心
2023年第8期46-64,共19页
Financial Regulation Research
基金
国家社科基金一般项目“国家治理现代化视域下黄河流域绿色发展机制与路径研究”的资助,项目编号:22BZZ039
关键词
普惠金融
乡村振兴
农村金融
金融发展
Inclusive Finance
Rural Revitalization
Rural Finance
Financial Development.
