IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v87y2026ics1544612325015697.html

The dynamic impact of digital village development and inclusive finance development on the livelihood resilience of rural households

Author

Listed:
  • Jiang, Wenjing
  • Yang, Siyu

Abstract

Based on provincial panel data from Chinese mainland spanning 2007 to 2023, this study systematically analyzes the dynamic relationships among digital village construction(DRC), inclusive finance development (IFD), and the livelihood resilience of rural households. The study comprehensively examines both the implementation effectiveness and operative mechanisms of DRC. The findings reveal that DRC significantly enhances the livelihood resilience of rural households. Moreover, this positive effect is particularly pronounced in regions with higher levels of rural informatization. Mediation effect tests indicate that inclusive finance development plays a significant mediating role in the relationship between digital village development and the livelihood resilience of rural households. Additionally, the mediating effect of inclusive finance development in this relationship exhibits substantial differences between regions with high and low levels of educational investment.

Suggested Citation

  • Jiang, Wenjing & Yang, Siyu, 2026. "The dynamic impact of digital village development and inclusive finance development on the livelihood resilience of rural households," Finance Research Letters, Elsevier, vol. 87(C).
  • Handle: RePEc:eee:finlet:v:87:y:2026:i:c:s1544612325015697
    DOI: 10.1016/j.frl.2025.108315
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325015697
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2025.108315?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. Xin Zhao & Rong Zhao, 2024. "The Impact and Mechanism of Digital Villages on Agricultural Resilience in Ecologically Fragile Ethnic Areas: Evidence from China’s Provinces," Agriculture, MDPI, vol. 14(2), pages 1-21, January.
    2. Hanjin Li & Yang Shi & Jianxin Zhang & Zhenkun Zhang & Zhaosen Zhang & Maogang Gong, 2023. "Digital inclusive finance & the high-quality agricultural development: Prevalence of regional heterogeneity in rural China," PLOS ONE, Public Library of Science, vol. 18(3), pages 1-24, March.
    3. Du, Yanan & Wang, Qingxi & Zhou, Jianping, 2023. "How does digital inclusive finance affect economic resilience: Evidence from 285 cities in China," International Review of Financial Analysis, Elsevier, vol. 88(C).
    4. Zhao, Xiuli & Lin, Haili & Zhang, Wenjuan, 2025. "Can digital inclusive finance promote rural revitalisation?," Finance Research Letters, Elsevier, vol. 85(PB).
    5. Richmond Atta-Ankomah & Kwame Adjei-Mantey & Akuffo Amankwah, 2024. "Digital financial services and livelihood diversification in rural Ghana," Cogent Economics & Finance, Taylor & Francis Journals, vol. 12(1), pages 2330434-233, December.
    6. Le Sun & Congmou Zhu & Wen-Tsao Pan, 2022. "Impact of Digital Inclusive Finance on Rural High-Quality Development: Evidence from China," Discrete Dynamics in Nature and Society, Hindawi, vol. 2022, pages 1-13, August.
    7. Lian, Xu & Mu, Yueying & Zhang, Wenyu, 2023. "Digital inclusive financial services and rural income: Evidence from China's major grain-producing regions," Finance Research Letters, Elsevier, vol. 53(C).
    8. Kass-Hanna, Josephine & Lyons, Angela C. & Liu, Fan, 2022. "Building financial resilience through financial and digital literacy in South Asia and Sub-Saharan Africa," Emerging Markets Review, Elsevier, vol. 51(PA).
    9. Zhang, Cheng & Zhu, Yuyao & Zhang, Limin, 2024. "Effect of digital inclusive finance on common prosperity and the underlying mechanisms," International Review of Financial Analysis, Elsevier, vol. 91(C).
    10. Gao, Qiang & Sun, Mengyuan & Chen, Lu, 2024. "The impact of digital inclusive finance on agricultural economic resilience," Finance Research Letters, Elsevier, vol. 66(C).
    11. Zheng Cai & Shengsheng Li & Di Cheng, 2023. "Has Digital Village Construction Improved Rural Family Resilience in China? Evidence Based on China Household Finance Survey," Sustainability, MDPI, vol. 15(11), pages 1-20, May.
    12. Jianghong Xu & Chenguang Wang & Xukang Yin & Weixin Wang, 2024. "Digital economy and rural household resilience: Evidence from China," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 70(5), pages 244-263.
    13. Wei Li & Lu Zhang & Mingyue Pu & Hui Wang, 2025. "Digital inclusive finance, rural revitalization and rural consumption," PLOS ONE, Public Library of Science, vol. 20(1), pages 1-20, January.
    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. Wang, Yang & Cai, Qiang, 2025. "Education fiscal expenditure, digital inclusive finance, and urban-rural education returns," Finance Research Letters, Elsevier, vol. 86(PG).
    2. Pei, Weiqi & Pei, Weiran, 2025. "Digital rural development, green agricultural transformation, and digital inclusive finance," Finance Research Letters, Elsevier, vol. 86(PG).
    3. Wu, Yanxia & Zhang, Jie, 2025. "Digital inclusive finance and rural households’ economic resilience," Finance Research Letters, Elsevier, vol. 74(C).
    4. Jianping Cha & Yashan Deng & Kai Zhao & Feifei Li, 2026. "How Does the Development of the Digital Economy Enhance Farmers' Livelihood Resilience: The Roles of E‐Commerce and Digital Finance," Sustainable Development, John Wiley & Sons, Ltd., vol. 34(2), pages 2342-2358, April.
    5. Feng, Yanchao & Yan, Tong & Hu, Shilei & Zhang, Zhenhua, 2025. "The impact of digital inclusive finance on household carbon emissions: Empirical evidence from China," International Review of Financial Analysis, Elsevier, vol. 102(C).
    6. Ai, Hongshan & Xiang, Lin & Tan, Xiaoqing & Yao, Haorui & Han, Li, 2024. "The effects of place-based information technology policy on digital finance development: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 521-544.
    7. Yang, Ronghai & Li, Yuqin & Li, Yabo, 2025. "The spatial effects of digital inclusive finance and traditional finance on the income of the migrant population: A comparative analysis of 243 cities in China," International Review of Financial Analysis, Elsevier, vol. 102(C).
    8. Chen, Tianqing & Zhang, Liangang & Wen, Mei & Yuan, Wei & Lin, Wenyue, 2025. "Can the development of agricultural insurance promote the resilience of agricultural economy? The dynamic mechanisms of the digital economy development," International Review of Economics & Finance, Elsevier, vol. 103(C).
    9. Fu, Xintong & Guo, Chunjuan, 2025. "Digital inclusive finance and the construction of agricultural modernization," International Review of Economics & Finance, Elsevier, vol. 102(C).
    10. Chen, Zhuo & Zhang, Jialu & Liu, Xiawei, 2025. "Encouraging entrepreneurship through digital inclusive finance," Finance Research Letters, Elsevier, vol. 74(C).
    11. Zhou, Yuanxiang & Liu, Huayan & Chen, Chan & Ma, Yingqi, 2025. "The impact of digital inclusive finance on green economic efficiency: Pathways to inclusive sustainability," Research in International Business and Finance, Elsevier, vol. 76(C).
    12. Xu, Hao, 2026. "Unveiling the role of digital finance in technological catch-up: A multisector growth model with firm-level evidence," Economic Modelling, Elsevier, vol. 155(C).
    13. Decai Tang & Ziqian Zhao & Jiannan Li & Valentina Boamah, 2024. "Research on coupling coordination degree of digital finance and economic resilience in the Yangtze River Economic Belt," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 120(15), pages 14279-14309, December.
    14. Angxiu, Cairang & Shu, Chengli & Jin, Zhendong, 2025. "How digital finance promotes industrial diversification: the role of road freight as a moderator," Finance Research Letters, Elsevier, vol. 86(PA).
    15. Shan, Haiyan & Gu, Mengjie, 2024. "How does digital finance alleviate fiscal stress? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1202-1221.
    16. Qin, Teng & Qin, Chuan & Wang, Jiaxin & Xing, Haiyan, 2025. "Can the digital economy enhance enterprises' breakthrough innovation?," International Review of Financial Analysis, Elsevier, vol. 104(PA).
    17. Tao, Kan & Quayson, Matthew, 2025. "Digital finance, household income mobility, and common prosperity," Finance Research Letters, Elsevier, vol. 86(PE).
    18. Ziqian Zhao & Decai Tang & Jiannan Li, 2025. "Driving role of digital finance on economic resilience: threshold effects of industrial structure upgrading and social security," Economic Change and Restructuring, Springer, vol. 58(6), pages 1-43, December.
    19. Liu, Nai'an & Yang, Chaodan & Cheng, Ying, 2025. "Digital rural development, insurance investment, and agricultural economic resilience," Finance Research Letters, Elsevier, vol. 86(PE).
    20. Liao, Kaicheng & Li, Chunyan & Jiang, Lei, 2025. "How geographical indication products impact agricultural economic resilience: Evidence from China," China Economic Review, Elsevier, vol. 94(PA).

    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:87:y:2026:i:c:s1544612325015697. 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.