Based on the quarterly economic,social and financial development data of 39 poverty-stricken counties in Henan Province during 2016-2018,this paper utilized the entropy-based TOPSIS method to objectively measure the r...Based on the quarterly economic,social and financial development data of 39 poverty-stricken counties in Henan Province during 2016-2018,this paper utilized the entropy-based TOPSIS method to objectively measure the rural revitalization index,and then built the quantile regression model to study the effects of various elements of inclusive finance on different stages of rural revitalization.Research results show that industrial development,agricultural modernization,targeted poverty alleviation,endogenous demand,and rural governance are the main points of inclusive finance in poverty-stricken areas to support rural revitalization;the rural revitalization index indicates that compared with the Dabie Mountain area and the non-contiguous poverty-stricken areas,the rural revitalization of the Qinba Mountain area is slower;for inclusive finance supporting rural revitalization,it is necessary to bring into play the role of monetary policy tools in re-lending,functions of credit in supporting industrial development,and role of insurance in risk protection;furthermore,inclusive finance solves problems such as the diminishing marginal effect of physical machinery investment in rural revitalization support,financial support for the coordinated development of small farmers and new agricultural business entities,financial support for the development of the entire industry chain,and the"siphon effect"of capital.展开更多
Financial support is a crucial part of China's poverty alleviation effort.Thus,it is vital to understand how formal credit impacts income growth in rural households.In 2012,2015,and 2018,a survey was conducted to ...Financial support is a crucial part of China's poverty alleviation effort.Thus,it is vital to understand how formal credit impacts income growth in rural households.In 2012,2015,and 2018,a survey was conducted to obtain a panel dataset of 592 rural households from 6 poverty-stricken counties in western China,including counties in Guizhou,Yunnan,and Shaanxi provinces.We use the data to examine the effect of formal credit on rural household income and the mechanism that underlies this effect.We find that formal credit can significantly increase rural households'income in deprived areas in western China.Furthermore,formal credit promotes the reallocation of household labor from the agricultural sector to the non-agricultural sector and changes rural households'decisions about investment-consumption behavior.These are the drivers of changes in the amount and structure of household income.Further analyses show that formal credit may widen income inequality among rural households in western China's deprived areas.The individual characteristics of rural households,such as different levels of material capital,human capital,and social capital,bring about differences in the effects of formal credit on income growth.This study emphasizes that the implementation of formal credit is an essential strategy for poverty alleviation in underdeveloped areas,but policymakers should not excessively interfere with the financial market.展开更多
On the basis of analyzing the internal logic of rural revitalization and targeted poverty alleviation, it has made a path analysis of the decision-making to overcome poverty and effectively strengthen the rural revita...On the basis of analyzing the internal logic of rural revitalization and targeted poverty alleviation, it has made a path analysis of the decision-making to overcome poverty and effectively strengthen the rural revitalization. Grasping the internal unity of Marxism and the socialist theory system with Chinese characteristics, profoundly expounding the 'comprehensive' rural revitalization and 'concentration'targeted poverty alleviation, 'long-term' rural revitalization and 'stage' targeted poverty alleviation, and'active' rural revitalization Corresponding to the 'passive' targeted poverty alleviation, it corresponds to the philosophical logic of the materialist dialectic, the law of the unity of opposites, the law of mutual change of quality, and the law of negation of negation. It points out the path of targeted poverty alleviation work under the rural revitalization strategy: scientifically compiling the functional spatial planning of poor rural areas;party building leads the transformation of concepts;industrial development is expanding in depth;and public services are advancing to market.展开更多
基金Western Project of National Social Science Foundation of China:Research on Governance Mechanism Optimization and Risk Prevention and Control of Credit Cooperation of Farmers'Cooperatives in China(16XJY021).
文摘Based on the quarterly economic,social and financial development data of 39 poverty-stricken counties in Henan Province during 2016-2018,this paper utilized the entropy-based TOPSIS method to objectively measure the rural revitalization index,and then built the quantile regression model to study the effects of various elements of inclusive finance on different stages of rural revitalization.Research results show that industrial development,agricultural modernization,targeted poverty alleviation,endogenous demand,and rural governance are the main points of inclusive finance in poverty-stricken areas to support rural revitalization;the rural revitalization index indicates that compared with the Dabie Mountain area and the non-contiguous poverty-stricken areas,the rural revitalization of the Qinba Mountain area is slower;for inclusive finance supporting rural revitalization,it is necessary to bring into play the role of monetary policy tools in re-lending,functions of credit in supporting industrial development,and role of insurance in risk protection;furthermore,inclusive finance solves problems such as the diminishing marginal effect of physical machinery investment in rural revitalization support,financial support for the coordinated development of small farmers and new agricultural business entities,financial support for the development of the entire industry chain,and the"siphon effect"of capital.
基金financial supports from the National Natural Science Foundation of China(71661147001)the National Social Science Fund of China(16ZDA021)the Guangzhou Social Science Fund,China(2018GZYB45)。
文摘Financial support is a crucial part of China's poverty alleviation effort.Thus,it is vital to understand how formal credit impacts income growth in rural households.In 2012,2015,and 2018,a survey was conducted to obtain a panel dataset of 592 rural households from 6 poverty-stricken counties in western China,including counties in Guizhou,Yunnan,and Shaanxi provinces.We use the data to examine the effect of formal credit on rural household income and the mechanism that underlies this effect.We find that formal credit can significantly increase rural households'income in deprived areas in western China.Furthermore,formal credit promotes the reallocation of household labor from the agricultural sector to the non-agricultural sector and changes rural households'decisions about investment-consumption behavior.These are the drivers of changes in the amount and structure of household income.Further analyses show that formal credit may widen income inequality among rural households in western China's deprived areas.The individual characteristics of rural households,such as different levels of material capital,human capital,and social capital,bring about differences in the effects of formal credit on income growth.This study emphasizes that the implementation of formal credit is an essential strategy for poverty alleviation in underdeveloped areas,but policymakers should not excessively interfere with the financial market.
文摘On the basis of analyzing the internal logic of rural revitalization and targeted poverty alleviation, it has made a path analysis of the decision-making to overcome poverty and effectively strengthen the rural revitalization. Grasping the internal unity of Marxism and the socialist theory system with Chinese characteristics, profoundly expounding the 'comprehensive' rural revitalization and 'concentration'targeted poverty alleviation, 'long-term' rural revitalization and 'stage' targeted poverty alleviation, and'active' rural revitalization Corresponding to the 'passive' targeted poverty alleviation, it corresponds to the philosophical logic of the materialist dialectic, the law of the unity of opposites, the law of mutual change of quality, and the law of negation of negation. It points out the path of targeted poverty alleviation work under the rural revitalization strategy: scientifically compiling the functional spatial planning of poor rural areas;party building leads the transformation of concepts;industrial development is expanding in depth;and public services are advancing to market.
