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Academic Journal of Humanities & Social Sciences, 2022, 5(2); doi: 10.25236/AJHSS.2022.050208.

The Impact of Financial Development and Rural Revitalization on High-quality Economic Development——Empirical Analysis Based on Regional Provincial Data

Author(s)

Wang Yiting

Corresponding Author:
Wang Yiting
Affiliation(s)

University of Shanghai for Science and Technology, Shanghai, China

Abstract

According to the connotation of high-quality economic development, combined with China's rural revitalization strategy, entropy weight and TOPSIS Method is used to measure comprehensive indicators. A balanced panel data regression model is established to explore the influencing factors of differences in high-quality economic development between eastern and western regions of China. The results show that there are significant differences in the impact of financial development on the high-quality economic development of eastern and western China . We should continue to pay attention to the differentiated western financial development policies; attach importance to improving the quality of life in rural areas, and strengthen infrastructure construction and public services in the east and west; improve the productivity of rural areas in the west, realize the transfer of surplus rural labor, promote the development of rural industries, and provide a solid foundation for high-quality economic development.

Keywords

High-quality Economic Development; Financial Development; Rural Revitalization; Panel Regression Model; Comparison Between East And West

Cite This Paper

Wang Yiting. The Impact of Financial Development and Rural Revitalization on High-quality Economic Development——Empirical Analysis Based on Regional Provincial Data. Academic Journal of Humanities & Social Sciences (2022) Vol. 5, Issue 2: 54-64. https://doi.org/10.25236/AJHSS.2022.050208.

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