THE IMPACT OF RURAL INCLUSIVE FINANCE ON FOOD SECURITY IN CHINA

Bing Hu, Tajul Ariffin Masron

Resumo


Hunger breeds discontentment. Inclusive finance is an effective way to achieve national food security. Based on relevant literature, this article constructs a comprehensive index of inclusive finance that only targets rural development. Utilizing the GMM model, this study explores the impact of rural inclusive finance on food security in China, based on panel data from 30 provinces, autonomous regions, and municipalities directly under the Central Government from 2011 to 2020. The findings indicate a significant positive effect of rural inclusive finance on food security. Heterogeneity analysis reveals regional disparities in the impact of rural inclusive finance on food security. Therefore, relevant departments should strengthen the construction of digital agricultural infrastructure, foster a favorable environment for rural inclusive finance, enhance the financial literacy of rural households, and further improve food security.


Palavras-chave


Rural inclusive finance; Food security; GMM; China

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Referências


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