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Journal of Statistics and Management Systems

(Since 1998)
Open Access ·Peer-reviewed·ISSN (Online): 2169-0014·ISSN (Print): 0972-0510

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Monthly Journal: Publishes peer-reviewed aticles on theoretical and applied statistics and management systems, expoloring industrial statistics, actuarial and decision sciences.

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Journal of Statistics and Management Systems
Open Access Research Article

Research on influencing factors of rural inclusive finance - A case study of Fujian in PRC

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pp. 815–834Vol. 27Issue 4May 2024DOI: 10.47974/JSMS-1111XML
Received:
05 Oct 2022
Published Online:
27 May 2024
Article type:
Research Article
Language:
EN
Article no.:
JSMS-1111
Pages:
815–834

Abstract

Since China’s reform and opening up, the increasing imbalance between the development of urban and rural areas has profoundly made rural software and hardware facilities far behind. The gap between the rich and the poor is also widening. Therefore, rural revitalization has been a heated topic. In 2006, the concept of inclusive finance was introduced to carry out the deployment of rural revitalization. Based on the characteristics of financial development in rural areas of Fujian province and the availability of data, this paper collects data from 2007 to 2019 and calculates the inclusive financial index through eight indicators among the three dimensions: service penetration, contact degree and agricultural insurance of rural financial system by the method of the coefficient of variation. Then, the time series model is used to analyze the impact of six indicators such as urbanization level and informatization level on rural financial development. The result shows that there is a significant causal relationship among the three indicators of financial development, government support, and transportation convenience, and the development of inclusive finance.

Keywords

Inclusive financeFinancial indicatorsRural revitalizationRural finance

Subject Classifications

Primary 9102Secondary 30-02

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