Analysis on the Effect of Agricultural Supply Chain Finance Development on Rural Revitalization

Abstract

Agricultural supply chain finance is an important innovative model in the field of rural finance. This paper selects provincial panel data of 30 provinces in Chinese mainland from 2011 to 2020, calculates the rural revitalization index, and studies the impact of the development of agricultural supply chain finance on rural revitalization. The research draws the following conclusions: Firstly, the development of agricultural supply chain finance significantly promotes rural revitalization. Secondly, there is a single threshold effect on the promotion effect of agricultural supply chain finance on rural revitalization: taking the Engel coefficient, urban-rural income gap and urban-rural consumption gap as threshold variables, the lower the Engel coefficient of rural residents and the smaller the income and consumption gap between urban and rural areas, the stronger the promotion effect of agricultural supply chain finance on rural revitalization. Finally, the promotion of agricultural supply chain finance development to rural revitalization is more significant in the samples with higher urbanization rates and higher agricultural supply chain finance levels.