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Study on the Impact of E-commerce Development on Farmers' Income in Shanxi

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DOI: 10.23977/ferm.2024.070518 | Downloads: 42 | Views: 861

Author(s)

Shao Chuting 1

Affiliation(s)

1 Guangxi Normal University, No. 1 Yanzhong Road, Yanshan District, Guilin, Guangxi Province, China

Corresponding Author

Shao Chuting

ABSTRACT

The three rural issues involve political security, economic development and social stability. Shanxi province has a large rural population, and e-commerce plays an important role in promoting farmers' income, but there are still problems such as lack of professionals and imperfect infrastructure. A regression model is constructed on the basis of theoretical analysis, and the results show that the development of e-commerce in Shanxi has a significant impact on farmers' income and the regression coefficient is positive, indicating that e-commerce has a positive effect on farmers' income. Granger causality test also shows that there is a causal relationship between the two. Therefore, it is necessary to take measures to promote the development of rural e-commerce in Shanxi, such as increasing policy support and improving infrastructure, in order to realize farmers' income and prosperity.

KEYWORDS

E-commerce, Rural e-commerce, rural residents' income

CITE THIS PAPER

Shao Chuting, Study on the Impact of E-commerce Development on Farmers' Income in Shanxi. Financial Engineering and Risk Management (2024) Vol. 7: 143-150. DOI: http://dx.doi.org/10.23977/ferm.2024.070518.

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