IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v16y2024i11p4775-d1408298.html
   My bibliography  Save this article

Digital Financial Inclusion, Land Circulation and High-Quality Development of Agriculture

Author

Listed:
  • Qi Xiong

    (Institute of Quantitative Economics, Huaqiao University, Xiamen 361021, China)

  • Xiaoyang Guo

    (Institute of Quantitative Economics, Huaqiao University, Xiamen 361021, China)

  • Jingyi Yang

    (Institute of Quantitative Economics, Huaqiao University, Xiamen 361021, China)

Abstract

With the deep integration of digital technology and inclusive finance, digital inclusive finance has provided a new opportunity for agricultural high-quality development through “overtaking on curves”. This article empirically examines the impact of digital inclusive finance on agricultural high-quality development and the dynamic mechanism of land circulation in its transmission process, utilizing panel data from various provinces in China from 2011 to 2021. The research indicates that digital inclusive finance has a significant improvement effect on agricultural high-quality development, and this conclusion remains valid after a series of endogenous treatments and robustness tests. Meanwhile, intelligent manufacturing has a more pronounced role in promoting agricultural high-quality development in China’s eastern regions, regions with sound infrastructure, and regions with high environmental regulation intensity. Further research reveals that digital inclusive finance can promote agricultural high-quality development through the mechanism of promoting land circulation. The research conclusions provide important empirical evidence and policy implications for achieving coordinated development of agricultural economic growth and environmental protection, thereby realizing the beautiful vision of comprehensive rural revitalization.

Suggested Citation

  • Qi Xiong & Xiaoyang Guo & Jingyi Yang, 2024. "Digital Financial Inclusion, Land Circulation and High-Quality Development of Agriculture," Sustainability, MDPI, vol. 16(11), pages 1-25, June.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:11:p:4775-:d:1408298
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/16/11/4775/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/16/11/4775/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hua Zhang & Ying Li & Hanxiaoxue Sun & Xiaohui Wang, 2023. "How Can Digital Financial Inclusion Promote High-Quality Agricultural Development? The Multiple-Mediation Model Research," IJERPH, MDPI, vol. 20(4), pages 1-19, February.
    2. Fei, Rilong & Lin, Ziyi & Chunga, Joseph, 2021. "How land transfer affects agricultural land use efficiency: Evidence from China’s agricultural sector," Land Use Policy, Elsevier, vol. 103(C).
    3. Kaili Peng & Chen Yang & Yao Chen, 2020. "Land transfer in rural China: incentives, influencing factors and income effects," Applied Economics, Taylor & Francis Journals, vol. 52(50), pages 5477-5490, October.
    4. Yong Tian & Wei Du & Yiwen Hua & Lijun Fan, 2022. "Will infrastructure construction drive Chinese rural families to develop their own enterprises?," Applied Economics Letters, Taylor & Francis Journals, vol. 29(18), pages 1665-1669, October.
    5. Hua Guo & Fan Gu & Yanling Peng & Xin Deng & Lili Guo, 2022. "Does Digital Inclusive Finance Effectively Promote Agricultural Green Development?—A Case Study of China," IJERPH, MDPI, vol. 19(12), pages 1-17, June.
    6. Yang Shen & Xiaoyang Guo & Xiuwu Zhang, 2023. "Digital Financial Inclusion, Land Transfer, and Agricultural Green Total Factor Productivity," Sustainability, MDPI, vol. 15(8), pages 1-25, April.
    7. Yafei Wang & Jing Liu & Huanhuan Huang & Zhixiong Tan & Lichen Zhang, 2023. "Does Digital Inclusive Finance Development Affect the Agricultural Multifunctionality Extension? Evidence from China," Agriculture, MDPI, vol. 13(4), pages 1-20, March.
    8. Tan, Jing & Cai, Dongliang & Han, Kefei & Zhou, Kui, 2022. "Understanding peasant household’s land transfer decision-making: A perspective of financial literacy," Land Use Policy, Elsevier, vol. 119(C).
    9. Mingjia Chi & Qinyang Guo & Lincheng Mi & Guofeng Wang & Weiming Song, 2022. "Spatial Distribution of Agricultural Eco-Efficiency and Agriculture High-Quality Development in China," Land, MDPI, vol. 11(5), pages 1-15, May.
    10. Heping Ge & Bowen Li & Decai Tang & Hao Xu & Valentina Boamah, 2022. "Research on Digital Inclusive Finance Promoting the Integration of Rural Three-Industry," IJERPH, MDPI, vol. 19(6), pages 1-18, March.
    11. Chengkai Zhang & Yu Li & Lili Yang & Zheng Wang, 2023. "Does the Development of Digital Inclusive Finance Promote the Construction of Digital Villages?—An Empirical Study Based on the Chinese Experience," Agriculture, MDPI, vol. 13(8), pages 1-23, August.
    12. Hui Yang & Zeng Huang & Zhuoying Fu & Jiayou Dai & Yan Yang & Wei Wang, 2023. "Does Land Transfer Enhance the Sustainable Livelihood of Rural Households? Evidence from China," Agriculture, MDPI, vol. 13(9), pages 1-19, August.
    13. Ying Tang & Menghan Chen, 2022. "The Impact Mechanism and Spillover Effect of Digital Rural Construction on the Efficiency of Green Transformation for Cultivated Land Use in China," IJERPH, MDPI, vol. 19(23), pages 1-18, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Songyu Jiang & Jie Gao & Jing Chen & Xingqi Zhao, 2025. "How Does Digital Inclusive Finance Affect Agricultural Productive Services?—An Economic Model in the Chinese Context," Sustainability, MDPI, vol. 17(2), pages 1-19, January.
    2. Xu, Zhiyi & Yang, Jindi, 2025. "Impact of digital finance on rural industry revitalization," International Review of Economics & Finance, Elsevier, vol. 97(C).

    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. Feng, Jianghua & Wang, Yu, 2024. "Does digital inclusive finance promote agricultural development?A test based on threshold and spillover effects," Finance Research Letters, Elsevier, vol. 69(PA).
    2. Zhang, Yudong & Cui, Ruiqing & Wei, Xiaobei & Chen, Tianyong, 2025. "How digital financial inclusion enhances agroecological efficiency: Impact effects and mechanism tests," International Review of Economics & Finance, Elsevier, vol. 97(C).
    3. Haibo Lei & Qin Su, 2023. "Does the Use of Digital Finance Affect Household Farmland Transfer-Out?," Sustainability, MDPI, vol. 15(16), pages 1-18, August.
    4. Haijiang Chen & Hong-Wai Ho & Chunli Ji & Haoqing Zheng & Songlin Zhang, 2024. "Spatiotemporal evolution and driving factors of agricultural land transfer in China," PLOS ONE, Public Library of Science, vol. 19(9), pages 1-23, September.
    5. Ziqin Xu & Hui Niu & Yuxuan Wei & Yiping Wu & Yang Yu, 2024. "Impact and Mechanisms of Digital Inclusive Finance in Relation to Farmland Transfer: Evidence from China," Sustainability, MDPI, vol. 16(1), pages 1-21, January.
    6. Lijuan Xu & Abbas Ali Chandio & Jingyi Wang & Yuansheng Jiang, 2022. "Does Farmland Tenancy Improve Household Asset Allocation? Evidence from Rural China," Land, MDPI, vol. 12(1), pages 1-22, December.
    7. Lin, Han & Peng, Pin, 2025. "Impacts of Digital Inclusive Finance, Human Capital and Digital Economy on Rural Development in Developing Countries," Finance Research Letters, Elsevier, vol. 73(C).
    8. Jian Li & Lingyan Jiang & Shuhua Zhang, 2024. "How Land Transfer Affects Agricultural Carbon Emissions: Evidence from China," Land, MDPI, vol. 13(9), pages 1-17, August.
    9. Shasha Jin & Zhangqi Zhong, 2024. "Impact of digital inclusive finance on agricultural total factor productivity in Zhejiang Province from the perspective of integrated development of rural industries," PLOS ONE, Public Library of Science, vol. 19(4), pages 1-23, April.
    10. Huiquan Li & Qingning Lin & Yan Wang & Shiping Mao, 2023. "Can Digital Finance Improve China’s Agricultural Green Total Factor Productivity?," Agriculture, MDPI, vol. 13(7), pages 1-19, July.
    11. Peng Wang & Fanzhi Wang, 2022. "A study of the impact of land transfer decisions on household income in rural China," PLOS ONE, Public Library of Science, vol. 17(10), pages 1-17, October.
    12. Syed Ahsan Jamil & Ishfaq Hamid & Md Shabbir Alam & Showkat Ahmad, 2025. "Digitizing Prosperity: How Digital Finance Transforms Agricultural Incomes in China," Asia-Pacific Financial Markets, Springer;Japanese Association of Financial Economics and Engineering, vol. 32(2), pages 631-662, June.
    13. Hongbin Liu & Hebin Zhang & Yuxuan Xu & Ying Xue, 2024. "Decision-Making Mechanism of Farmers in Land Transfer Processes Based on Sustainable Livelihood Analysis Framework: A Study in Rural China," Land, MDPI, vol. 13(5), pages 1-21, May.
    14. Jiafeng Gu, 2024. "Neighborhood Does Matter: Farmers’ Local Social Interactions and Land Rental Behaviors in China," Land, MDPI, vol. 13(1), pages 1-17, January.
    15. Chengkai Zhang & Yanjun Zhang & Yu Li & Shan Li, 2023. "Coupling Coordination between Fintech and Digital Villages: Mechanism, Spatiotemporal Evolution and Driving Factors—An Empirical Study Based on China," Sustainability, MDPI, vol. 15(10), pages 1-26, May.
    16. Zhang, Cheng & Nie, Kunxi & Zhu, Yueji, 2024. "Participation in land rental and labor markets and agricultural economic performance of banana farmers in China," Land Use Policy, Elsevier, vol. 146(C).
    17. Weiguo Fan & Wei Yao & Kehan Chen, 2023. "Integrating Energy Systems Language and Emergy Approach to Simulate and Analyze the Energy Flow Process of Land Transfer," Land, MDPI, vol. 12(5), pages 1-24, May.
    18. Keyan Li & Can Liu & Junlong Ma & Martinson Ankrah Twumasi, 2023. "Can Land Circulation Improve the Health of Middle-Aged and Older Farmers in China?," Land, MDPI, vol. 12(6), pages 1-16, June.
    19. Meseret Abatechanie & Baozhong Cai & Fang Shi & Yuanji Huang, 2022. "The Environmental and Socio-Economic Effect of Farmland Management Right Transfer in China: A Systematic Review," Land, MDPI, vol. 11(8), pages 1-21, August.
    20. Hua Zhang & Ying Li & Hanxiaoxue Sun & Xiaohui Wang, 2023. "How Can Digital Financial Inclusion Promote High-Quality Agricultural Development? The Multiple-Mediation Model Research," IJERPH, MDPI, vol. 20(4), pages 1-19, February.

    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:gam:jsusta:v:16:y:2024:i:11:p:4775-:d:1408298. 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: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    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.