Rural Digital Financial Inclusion and Poverty Reduction: Asymmetry and Performance Evaluation

Abstract

Abstract This paper comprehensively considers the development of digital financial inclusion and rural finance, calculates the rural digital financial inclusion index at the provincial level from 2011 to 2018, and empirically analyzes the relationship between the development of digital financial inclusion in rural areas and poverty reduction. The research shows that the development of rural digital financial inclusion can indeed reduce poverty to a certain extent. In addition, the industrial structure, the level of financial literacy and the level of urbanization also have a significant impact on poverty reduction. By dividing 31 provinces, municipalities and autonomous regions into four regions, namely, the northeast, the east, the central and the west, the heterogeneity of rural digital inclusive finance in these regions is proved. Finally, based on the conclusions of the empirical study, relevant policy suggestions are put forward to better play the effect of rural digital inclusive finance on poverty reduction.KeywordsRural digital inclusive financePoverty reductionThe performance evaluation