Title: Empirical Analysis about the Effect of Rural Inclusive Finance on Income in China——Based on the panel data from 1877 counties(cities)
Abstract: Based on the panel data from 1877 counties(cities) during the years of 2006-2009,this article uses the index of financial inclusion as a measure,to empirically analyze and compare the income effect of the China's rural financial development.The results show that,from the perspective of the whole nation,the development of China's rural financial inclusion has had a significantly positive effect on farmers'income.Geographic penetration and accessibility of product which were components of inclusive rural finance are positively related to household income,while the usage is negatively related to household income.From the perspective of different regions,rural inclusive finance in the eastern regions has had a positive relationship with household income while in the central and western regions it shows the negative correlation.In this regard,this paper made brief policy recommendations on the development of the rural inclusive finance to promote the growth of household income.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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