Welcome to Francis Academic Press

Academic Journal of Business & Management, 2023, 5(9); doi: 10.25236/AJBM.2023.050918.

Research on the influence effect and mechanism of digital economy on rural residents' income under the background of rural revitalization

Author(s)

Jiatong Wang

Corresponding Author:
Jiatong Wang
Affiliation(s)

Beijing Wuzi University, Beijing, 101149, China

Abstract

The rapid development of digital economy is a new driving force for rural residents to increase their income, which is of great significance for comprehensively promoting the rural revitalization strategy. Based on the panel data of 30 provinces in China from 2015 to 2020, this paper calculates the digital economy development index of each province, and analyzes the impact of digital economy on rural residents' income and its effect mechanism. It is found that the development of digital economy significantly promotes the improvement of rural residents' income level; the development of the digital economy can increase the income of rural residents by promoting scientific and technological innovation and accelerating the development of agricultural finance; the development of digital economy has a more significant positive effect on the income of rural residents in Western China.

Keywords

Rural revitalization; Digital economy; Income of rural residents; Scientific and technological innovation; Agricultural finance

Cite This Paper

Jiatong Wang. Research on the influence effect and mechanism of digital economy on rural residents' income under the background of rural revitalization. Academic Journal of Business & Management (2023) Vol. 5, Issue 9: 116-124. https://doi.org/10.25236/AJBM.2023.050918.

References

[1] Zhang Lina, Lv Xiangwei, Ni Zhiliang. Study on the income increasing effect of digital economy driven by "Internet+"-based on Chinese household tracking survey data [J]. Journal of Guangdong University of Finance and Economics, 2021, 36(03):34-45. 

[2] Li Yi, Ke Jiesheng. The three-level digital divide: income growth and income distribution effects of the rural digital economy [J]. Agricultural Technology Economics, 2021, No. 316 (08):119-132. DOI: 10. 13246/j. cnki. jae. 2021. 08. 009. 

[3] Qin F, Wang JC, Xu Q. How can the digital economy promote farmers' income? --Evidence from the development of rural e-commerce [J]. Economics (Quarterly), 2022, 22(02):591-612. DOI: 10. 13821/j. cnki. ceq. 2022. 02. 12. 

[4] Jiao Shuaitao, Sun Qiubi. Digital Economic Development and Its Impact on Econimic Growth in China: Research Based on the Prespective of Sustainability [J]. Sustainability, 2021, 13(18). 

[5] Mei Yang. Digital Economy, Human Capital and Economic Growth [J]. Journal of Social Science and Humanities, 2021, 3(12). 

[6] Fang Fuqian, Tian Ge. Does the digital economy promote inclusive growth--a quasi-natural experiment based on "broadband China"[J]. Academia, 2021, No. 281(10):55-74. 

[7] Sun Wenting, Liu Zhibiao. Digital economy, urbanization and farmers' income increase - an empirical test based on the Yangtze River Economic Belt[J]. Exploration on Economic Issues, 2022(03):1-14. 

[8] Gao Mengtao. The alleviation effect of digital economy development on relative household poverty [J]. China Circulation Economy, 2023, 37(01):24-37. DOI: 10. 14089/j. cnki. cn11-3664/f. 2023. 01. 003. 

[9] Xu Chengan, Liu Yihan. Digital economy contributes to the common prosperity of rural low-income groups--theoretical mechanisms and micro evidence[J]. Jianghan Forum, 2023, No. 537(03):35-42. 

[10] Wang Zifeng, Zhang Guiwen. How the digital economy can help farmers increase their income - theoretical analysis and empirical evidence[J]. Journal of Shanxi University of Finance and Economics, 2023, 45(02):16-28. DOI:10. 13781/j. cnki. 1007-9556. 2023. 02. 002. 

[11] Zhong Yu, Gan Linzhen, Wang Qin, et al. Characteristics, difficulties and the way forward of digital economy-enabled rural revitalization [J]. Journal of Xinjiang Normal University (Philosophy and Social Science Edition), 2023, 44(03):105-115. DOI:10. 14100/j. cnki. 65-1039/g4. 20221226. 002. 

[12] Yin Hodong, Huo Peng, Wang Sangui. Digital transformation of agriculture and rural areas: realistic representation, influence mechanism and promotion strategy[J]. Reform, 2020, No. 322(12):48-56. 

[13] Meng Weifu, Zhang Gaoming, Zhao Fengyang. Digital economy empowering rural revitalization: impact mechanisms and spatial effects [J]. Research on Finance and Economics, 2023, No. 472(03):32-44. DOI: 10. 19654/j. cnki. cjwtyj. 2023. 03. 003. 

[14] Chen X. H. , Li Y. Y. , Song L. J. , Wang Y. J. . Theoretical system and research outlook of digital economy[J]. Management World, 2022, 38(02):208-224+13-16. DOI: 10. 19744/j. cnki. 11-1235/f. 2022. 0020. 

[15] Dai D. B., Zhou D., Fan T. J. Research on the poverty reduction effect and transmission mechanism of agricultural supply chain finance [J]. Statistics and Decision Making, 2022, 38(14):60-64. DOI: 10. 13546/j. cnki. tjyjc. 2022. 14. 012. 

[16] Jamel Boukhatem. Assessing the direct effect of financial development on poverty reduction in a panel of low- and middle-income countries [J]. Research in International Business and Finance, 2016, 37. 

[17] Wang Xiuhua, Wang Yipeng, Zhao Yaxiong. financial permeation and rural poverty reduction Nexus: further insights from counties in China[J]. China Economic Review, 2022, 76. 

[18] Liu Jun, Yang Yuanjun, Zhang Sanfeng. Study on the measurement and drivers of China's digital economy [J]. Shanghai Economic Research, 2020, No. 381(06):81-96. DOI: 10. 19626/j. cnki. cn31-1163/f. 2020. 06. 008. 

[19] Li Xiaozhong, Li Junyu. Research on the impact of digital economy development on urban-rural income gap [J]. Agricultural Technology Economics, 2022, No. 322(02): 77-93. DOI: 10. 13246/ j. cnki. jae. 20210916. 005.