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The Development of Digital Economy, Agricultural Servitization and The Growth of Farmers’ Income

In: Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

Author

Listed:
  • Wenqian Wang

    (Wuhan University of Technology, School of Economics)

  • Jun Zhou

    (Wuhan University of Technology, School of Economics)

Abstract

The digital economy has a significant impact on increasing farmers’ income, and the development of the digital economy promotes the growth of farmers’ income to a certain extent through the mediating variable of agricultural servitization. Based on panel data from 30 provinces, the article constructs a regression model to examine the impact of digital economy development on farmers’ income growth. Through the research results, it was found that the development of digital economy has a promoting effect on farmers’ income; The development of the digital economy to some extent indirectly enhances farmers’ income by promoting agricultural servitization. The research in this article indicates that when it comes to the impact of the digital economy on farmers’ income, we should not only recognize the direct role of digital economy development, but also pay attention to the indirect role of agricultural servitization. Meanwhile, we should alleviate the problem of large income gaps among farmers in different regions through digital construction.

Suggested Citation

  • Wenqian Wang & Jun Zhou, 2025. "The Development of Digital Economy, Agricultural Servitization and The Growth of Farmers’ Income," Advances in Economics, Business and Management Research, in: Maizaitulaidawati Md Husin & Tomoki Fujii & Xiaodong Lai & Azlina Binti Md Yassin (ed.), Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025), pages 857-868, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-702-1_89
    DOI: 10.2991/978-94-6463-702-1_89
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