Journal of Jiangxi University of Finance and Economics ›› 2021, Vol. 0 ›› Issue (6): 75-87.

• Agricultural Researches • Previous Articles     Next Articles

The Nonlinear Dynamic Impact of Mass Entrepreneurship on Rural Multidimensional Poverty: Based on the Dynamic Threshold Regression Model

PING Wei-ying, ZONG Xiao-yong   

  1. Jiangxi University of Finance and Economics, Nanchang 330013, China
  • Received:2021-01-17 Revised:2021-09-24 Online:2021-11-25 Published:2021-11-23

Abstract: Mass entrepreneurship is an important way to reduce rural poverty; at the same time it is also the measure taken by the government departments at different levels to encourage farmers to increase their income. By making use of China’s provincial panel data, this paper checks the impact of mass entrepreneurship on the multidimensional rural poverty (the poverty from income, education and medical treatment). The results show that mass entrepreneurship has a significant dynamic nonlinear effect on the rural multidimensional poverty of China’s provinces, of which the inclusive financial development level and the marketization?degree are at a lower level. The role of mass entrepreneurship in reducing multidimensional rural poverty is weaker, even some indicators are not significant. But once the threshold value is breached and reaches a higher stage, the reduction effect of mass entrepreneurship on rural income poverty and education poverty will be significantly enhanced. However, in the regions with higher marketization degree, mass entrepreneurship has “squeezed out” rural medical facilities by promoting the development of urban medical institutions, which exacerbates rural medical poverty.

Key words: mass entrepreneurship, rural multidimensional poverty, inclusive finance

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