IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v85y2025ipds1544612325014886.html

Ecological compensation, financial support, and rural revitalization

Author

Listed:
  • Li, Jingxian
  • Li, Wenjuan

Abstract

Clarifying the relationship between ecological compensation, financial support, and rural revitalization is of significant importance for achieving rural revitalization. This study, based on panel data from 31 provincial-level administrative regions (autonomous regions and municipalities directly under the central government, excluding Hong Kong, Macau, and Taiwan) in China from 2009 to 2023, empirically analyzes the impact of ecological compensation and financial support on rural revitalization using a fixed effects model. The research finds that both ecological compensation and financial support can significantly promote rural revitalization; financial support plays a notable moderating role in the relationship between ecological compensation and rural revitalization; and the impacts of ecological compensation and financial support on rural revitalization exhibit heterogeneity between areas with high and low levels of population aging.

Suggested Citation

  • Li, Jingxian & Li, Wenjuan, 2025. "Ecological compensation, financial support, and rural revitalization," Finance Research Letters, Elsevier, vol. 85(PD).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pd:s1544612325014886
    DOI: 10.1016/j.frl.2025.108233
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325014886
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2025.108233?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Ling-Yan Xu & Jing Jiang & Jian-Guo Du, 2025. "How do environmental regulations and financial support for agriculture affect agricultural green development? The mediating role of agricultural infrastructure," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 68(3), pages 557-584, February.
    2. Jichuan Sheng & Hui Wang, 2025. "Community-based incentive coordination in payments for ecosystem services: China’s Wolong Nature Reserve," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 68(6), pages 1213-1237, May.
    3. Xu, Zhiyi & Yang, Jindi, 2025. "Impact of digital finance on rural industry revitalization," International Review of Economics & Finance, Elsevier, vol. 97(C).
    4. Hongyu Luo & Guangning Sun & Weilong Zhou & Jihe Lian & Yanfei Sun & Yingen Hu, 2025. "Promoting Rural Revitalization via Natural Resource Value Realization in National Parks: A Case Study of Baishanzu National Park," Land, MDPI, vol. 14(2), pages 1-25, January.
    5. Yang, Jinghua & Xiong, Ming & Li, Xingying, 2025. "Energy transition policy and rural revitalization of Chinese ethnic regions," Finance Research Letters, Elsevier, vol. 71(C).
    6. Wang, Jing, 2023. "Digital inclusive finance and rural revitalization," Finance Research Letters, Elsevier, vol. 57(C).
    7. Shuchang Li & Wei Song, 2023. "Research Progress in Land Consolidation and Rural Revitalization: Current Status, Characteristics, Regional Differences, and Evolution Laws," Land, MDPI, vol. 12(1), pages 1-24, January.
    8. Yin, Qiqi & Sui, Xueyan & Ye, Bei & Zhou, Yujie & Li, Chengqiang & Zou, Mengmeng & Zhou, Shenglu, 2022. "What role does land consolidation play in the multi-dimensional rural revitalization in China? A research synthesis," Land Use Policy, Elsevier, vol. 120(C).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhang, Yi & Wu, Rui & Zhou, Ping, 2025. "Ecological resilience, rural revitalization, and the green transformation of agricultural enterprises," Finance Research Letters, Elsevier, vol. 86(PE).
    2. Zeng, Yuhan & Zhou, Xia, 2025. "The dynamic relationship among digital inclusive finance, integration of industries in rural areas, and rural revitalization," Finance Research Letters, Elsevier, vol. 85(PA).
    3. Xiaoying Ren & Guobing Ruan & Yimeng Han & Dingding Zhang & Yaqi Wei & Yongzhong Feng, 2025. "Rural Industry Integration in Yan’an City: Development Trends, Driving Factors, and Regional Stratification," Sustainability, MDPI, vol. 17(4), pages 1-21, February.
    4. Fang, Ling & Shen, Ye, 2025. "Digital economy enabling high-quality development of agricultural Enterprises: Interaction, inner mechanism and strategic orientation," International Review of Economics & Finance, Elsevier, vol. 103(C).
    5. Wei, Xiaobei & Yang, Zongpu & Yan, Yongjun & Sun, Jia, 2024. "Rural E-commerce, Digital finance, and urban–rural common prosperity: A Quasi-natural Experiment Based on China's Comprehensive Demonstration of E-commerce Entering Rural Areas Policy," Finance Research Letters, Elsevier, vol. 69(PB).
    6. Xu, Zhiyi & Yang, Jindi, 2025. "Impact of digital finance on rural industry revitalization," International Review of Economics & Finance, Elsevier, vol. 97(C).
    7. Lu, Futao & Xia, Xinqu & Wu, Yan, 2026. "Does digital inclusive finance influence the entry and exit of agro-processing enterprises? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 89(C), pages 165-177.
    8. Wu, Yaling & Wu, Bi & Liu, Xiaohong & Zhang, Shiwei, 2025. "Digital finance and agricultural total factor productivity–From the perspective of capital deepening and factor structure," Finance Research Letters, Elsevier, vol. 74(C).
    9. Zehua Wang & Fachao Liang & Sheng-Hau Lin, 2023. "Can socially sustainable development be achieved through homestead withdrawal? A hybrid multiple-attributes decision analysis," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 10(1), pages 1-18, December.
    10. Xiuling Ding & Qian Lu & Lipeng Li & Apurbo Sarkar & Hua Li, 2023. "Does Labor Transfer Improve Farmers’ Willingness to Withdraw from Farming?—A Bivariate Probit Modeling Approach," Land, MDPI, vol. 12(8), pages 1-27, August.
    11. Ying Fang & Shihang Fu & Jiayan Shen & Junfang Xu & Fuping Tang & Longyang Huang & Huafen Yu, 2025. "Long-Term Clustering Analysis of Construction Land Reclamation in Hangzhou: Patterns and Impacts," Sustainability, MDPI, vol. 17(5), pages 1-18, February.
    12. Wang, Hui & Wang, Wen-Nanxiang & Xiong, Liming, 2025. "Digital rural pilot policies, financial service innovations, and rural industrial transformation," Finance Research Letters, Elsevier, vol. 86(PA).
    13. Gong, Qinyi & Zhang, Rui, 2025. "Digital finance as a catalyst for energy transition and sustainable rural economic growth," Finance Research Letters, Elsevier, vol. 71(C).
    14. Lulin Liu & Renna Du & Qian Mao & Gaoru Zhu & Hong Zhong, 2025. "Coupling Relationship Between Transportation Corridors and Ecosystem Service Value Realization in Giant Panda National Park," Land, MDPI, vol. 14(7), pages 1-24, July.
    15. Yin, Lei & Yang, Yuanyuan, 2024. "How does digital finance influence corporate greenwashing behavior?," International Review of Economics & Finance, Elsevier, vol. 93(PB), pages 359-373.
    16. Che, Weina & Fu, Jingjie & Jiao, Xiaoyang, 2025. "Digital villages, green finance, and high-quality agricultural development," International Review of Economics & Finance, Elsevier, vol. 102(C).
    17. Yang Liu & Jiajun Qiao & Jie Xiao & Dong Han & Tao Pan, 2022. "Evaluation of the Effectiveness of Rural Revitalization and an Improvement Path: A Typical Old Revolutionary Cultural Area as an Example," IJERPH, MDPI, vol. 19(20), pages 1-24, October.
    18. Yanyu Wang & Robert Tian, 2023. "Development of Rural Regions in China: Evidence of Industry Integration by the Residents of Yongan Village (Quanzhou City, China)," Sustainability, MDPI, vol. 15(4), pages 1-21, February.
    19. Chuanming Sun & Guoxin Tan & Xingyu Chai & Haiqing Zhang, 2023. "Analysis on the Satisfaction of Public Cultural Service by Township Residents: A Qualitative Perspective," Sustainability, MDPI, vol. 15(9), pages 1-23, April.
    20. Miao Bin & He Qiong, 2024. "Research on the Rural Revitalization Process Driven by Human Capital: Based on Farmers’ Professionalization Perspective," SAGE Open, , vol. 14(2), pages 21582440241, May.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:85:y:2025:i:pd:s1544612325014886. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.