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Research on differentiated empowerment mechanisms of digital finance and social security inputs on farmers' entrepreneurship - A deep analysis based on regional characteristics and threshold effects

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  • Huang, Guangfeng
  • Wu, Shuying
  • Chen, Lishuang

Abstract

The study utilizes data from 30 provinces and municipalities in China (excluding Tibet) spanning from 2011 to 2022 as a sample to empirically explore how digital finance and social security expenditures affect farmers' entrepreneurship. The empirical findings reveal that digital finance stimulates farmers' entrepreneurial activities; social security expenditures also incentivize farmers to engage in entrepreneurship; social security expenditures moderate the relationship between digital finance and farmers' entrepreneurship; the effect of digital finance on farmers' entrepreneurship differs across various regions; the impact of social security expenditures on farmers' entrepreneurship also demonstrates regional heterogeneity; and the influence of digital finance on farmers' entrepreneurship exhibits a threshold effect, varying with changes in regional economic conditions.

Suggested Citation

  • Huang, Guangfeng & Wu, Shuying & Chen, Lishuang, 2025. "Research on differentiated empowerment mechanisms of digital finance and social security inputs on farmers' entrepreneurship - A deep analysis based on regional characteristics and threshold effects," International Review of Economics & Finance, Elsevier, vol. 102(C).
  • Handle: RePEc:eee:reveco:v:102:y:2025:i:c:s1059056025004010
    DOI: 10.1016/j.iref.2025.104238
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