An empirical study on the influence of fiscal expenditure structure on the level of rural revitalization: Evidence from China

Abstract

In rural revitalization, as an essential supporting force, the fiscal agriculture-related expenditure has attracted more and more attention from the whole society, especially the expenditure structure. There are many methods to evaluate the level of rural revitalization. This paper selects the target method to build a comprehensive evaluation system, selects the panel data of eastern, central and western China from 2016 to 2020, and uses the fixed-effect regression model to empirically analyze the influence of the structure of fiscal agriculture-related expenditure on the level of rural vitalization. The study found that the level of rural revival varied considerably among the middle and western regions, consistent with its economic status and financial input. Among them, the structure of fiscal expenditure related to agriculture had different contributions to rural revitalization and development. The significance of the empirical analysis is obvious, which is necessary to prompt the government to optimize the expenditure structure based on increasing the financial investment related to agriculture. At the national level, we need to deepen regional cooperation in the eastern, central, and western regions to achieve shared prosperity on a broader scale.