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Can digital inclusive finance facilitate productive investment in rural households?–An empirical study based on the China Household Finance Survey

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  • Fu, Changluan
  • Sun, Xinyue
  • Guo, Mengting
  • Yu, Chenyang

Abstract

Encouraging rural households to increase their own financial investment in agriculture is necessary for agricultural productivity. Digital inclusive finance can help rural households access financial resources and increase productive investments. This paper employs data from the CHFS to conduct an empirical analysis. The findings indicate that digital inclusive finance significantly enhances rural household productive investment. The expansion of rural household social networks and the improvement of financial literacy both have a positive influence on this effect. Based on these conclusions, this paper suggests increasing support for rural digital inclusive finance as a means to enhance rural household productive investment.

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  • Fu, Changluan & Sun, Xinyue & Guo, Mengting & Yu, Chenyang, 2024. "Can digital inclusive finance facilitate productive investment in rural households?–An empirical study based on the China Household Finance Survey," Finance Research Letters, Elsevier, vol. 61(C).
    • Handle: RePEc:eee:finlet:v:61:y:2024:i:c:s1544612324000643
    DOI: 10.1016/j.frl.2024.105034
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    References listed on IDEAS

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    7. Shu Wang & Yueling Yang & Heyao Yin & Jianya Zhao & Ting Wang & Xiaomei Yang & Jing Ren & Changbin Yin, 2025. "Towards Digital Transformation of Agriculture for Sustainable Development in China: Experience and Lessons Learned," Sustainability, MDPI, vol. 17(8), pages 1-29, April.
    8. Qing, Jing & Chen, Juan, 2024. "Digital village construction and its mechanistic on farmer entrepreneurship," Finance Research Letters, Elsevier, vol. 70(C).
    9. Dai, Wensheng, 2025. "Belt and Road Initiative: Driving innovation in tech enterprises through global value chains," Finance Research Letters, Elsevier, vol. 74(C).

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