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The Digital Economy Promotes the Coupling and Symbiotic Development of Green Finance and Rural Industry Revitalization

In: Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024)

Author

Listed:
  • Yakun Wang

    (Hebei University of Science and Technology, School of Economics and Management)

  • Yuzhao Wang

    (Hebei University of Science and Technology, School of Economics and Management)

  • Xinshang You

    (Hebei University of Science and Technology, School of Economics and Management)

Abstract

Based on the agricultural and rural development panel data of 30 provinces and cities in China from 2012 to 2021, this paper uses the entropy method to construct an indicator system of digital economy, green finance and rural industry revitalization, and measures the development level of the coupled symbiotic development system of green finance and rural industry revitalization through the coupled coordination model. Two-way fixed model and intermediary effect model are adopted. The direct and indirect effects of digital economy in promoting the coupled symbiotic development system of green finance and rural industry revitalization are analyzed. The results show that: First, the digital economy has a significant boosting effect on the coupled symbiotic development system of green finance and rural industry revitalization. Second, through the road test, the digital economy promotes the coupled symbiotic development system of green finance and rural industry revitalization through green technology innovation. Therefore, in order to promote the coupled symbiotic development of green finance and rural industry revitalization, we should vigorously promote the construction of digital countryside, improve the efficiency of green technology innovation, continue to promote industrial upgrading and transformation, and constantly improve the efficiency of financial resource allocation, so as to promote the high-quality development of rural economy.

Suggested Citation

  • Yakun Wang & Yuzhao Wang & Xinshang You, 2025. "The Digital Economy Promotes the Coupling and Symbiotic Development of Green Finance and Rural Industry Revitalization," Advances in Economics, Business and Management Research, in: Manhui Huang & Vilas B. Gaikar & Md Rabiul Islam & Ivan Krumov Todorov (ed.), Proceedings of the 2024 6th Management Science Informatization and Economic Innovation Development Conference (MSIEID 2024), pages 308-316, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-676-5_30
    DOI: 10.2991/978-94-6463-676-5_30
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    Cited by:

    1. Qi, Fengguo & Wang, Yan, 2026. "Green finance, rural digitization, and high-quality development of the rural economy," Finance Research Letters, Elsevier, vol. 89(C).

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