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Has the integration of fiscal agricultural funds promoted rural entrepreneurship?

Author

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  • Huang, Xucheng
  • Yang, Erjia
  • Wang, Wei

Abstract

Rural entrepreneurship can effectively promote economic development in rural areas. To explore the impact of the fiscal agricultural fund integration policy implemented since 2016 on rural entrepreneurship, this paper uses county-level panel data from 2014 to 2021, combined with the rural entrepreneurship index published by the Zhejiang University Enterprise Research Database, to conduct an empirical analysis. The findings reveal: First, the integration of fiscal agricultural funds significantly promotes rural entrepreneurship. This conclusion remains robust after conducting parallel trend tests, placebo tests, excluding samples from municipalities and provincial capitals, and PSM tests. Second, fiscal agricultural fund integration promotes rural entrepreneurship by enhancing infrastructure construction and providing credit support. Third, the impact of fiscal agricultural fund integration on rural entrepreneurship exhibits heterogeneity, with more significant effects observed in regions with higher internet usage levels, lower levels of agricultural modernization, and lower per capita disposable income.

Suggested Citation

  • Huang, Xucheng & Yang, Erjia & Wang, Wei, 2025. "Has the integration of fiscal agricultural funds promoted rural entrepreneurship?," International Review of Economics & Finance, Elsevier, vol. 99(C).
    • Handle: RePEc:eee:reveco:v:99:y:2025:i:c:s1059056025002072
    DOI: 10.1016/j.iref.2025.104044
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    References listed on IDEAS

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    1. Ewa Kiryluk-Dryjska & Agnieszka Baer-Nawrocka, 2021. "Regional Differences in Benefits from the EU Common Agricultural Policy in Poland and Their Policy Implications," Agriculture, MDPI, vol. 11(4), pages 1-14, March.
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    3. Heiko Hansen & Ramona Teuber, 2011. "Assessing the impacts of EU's common agricultural policy on regional convergence: sub-national evidence from Germany," Applied Economics, Taylor & Francis Journals, vol. 43(26), pages 3755-3765.
    4. Deng, Xiaojun & Chi, Shiyao & Yao, Liming & Zou, Jing, 2024. "FinTech and rural household entrepreneurship," Finance Research Letters, Elsevier, vol. 68(C).
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