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Journal of library and information science in agriculture ›› 2025, Vol. 37 ›› Issue (7): 73-90.doi: 10.13998/j.cnki.issn1002-1248.25-0372

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Digital Economy and Household Consumption: Timely or Conservative Consumption: Evidence from the "Broadband Village" Pilot Policy

LIU Hao, JIN Xiaohe   

  1. College of Agricultural Economics and Management, Shanxi Agricultural University, Jinzhong 030801
  • Received:2025-06-08 Online:2025-07-05 Published:2025-09-29

Abstract:

[Purpose/Significance] Studying whether the development of the digital economy can boost rural household consumption is related to expanding rural consumption potential in the digital age. This is significant for leading the country's overall economic development and overcoming obstacles that restrict the growth of domestic demand. The research topic has been expanded to include research related to the digital economy. The contribution of this paper lies in the following aspects. First, few scholars currently consider refining the types of consumption for the research between the two. This paper starts from the heterogeneous consumption structure to explore the differences in the impact of the "broadband rural" policy on the consumption structure of rural households creating diversified consumption needs and experiences. This promotes new consumption, and further taps the consumption potential of rural households. Second, previous scholars primarily focused on macro-city data, while this paper uses micro-level data from the China Family Panel Studies (CFPS) from 2010 to 2022 to extend the identification period of the effects of policy dynamics. Based on the level of farmers, this paper examines the differential impact of the digital economy on the individual consumption behavior of farmers. Third, it introduces family endowment into the influence mechanism of digital economy on farmers' household consumption, discusses the adjustment mechanism of endowment difference in policy influence, and supplements the research perspective of previous scholars. [Method/Process] Based on the data of China Family Panel Studies (CFPS) from 2010 to 2022, this paper constructs seven periods of unbalanced panel data, takes the "broadband rural" policy as a quasi-natural experiment, adopts the methods of difference-in-differences, triple difference method and PSM-DID, and combines Keynesian absolute income hypothesis, information asymmetry theory and precautionary savings theory to evaluate the impact of digital economy on farmers' household consumption. [Results/Conclusions] As a result, the digital economy has significantly promoted the consumption of rural households, but it is not significant in the impact of enjoyment consumption. Combined with mechanism analysis and heterogeneity analysis, family endowment has a significant moderating effect, and the impact of digital economy has group differences. Based on this, this paper puts forward some countermeasures and suggestions to promote the dividend sinking of digital economy development, focus on the support of heterogeneous groups, and reasonably advocate new consumption. It can be seen that the impact of digital economy on the consumption of peasant households still needs to be further explored, which is of great significance to realize the domestic cycle and international double cycle. However, this is difficult to achieve due to data limitations and the need for long-term tracking. Therefore, in the future, the effect analysis of the "broadband village" policy will be extended to analyze its long-term impact on the consumption of peasant households.

Key words: digital economy, household consumption of farmers, "broadband rural" policy, difference-in-difference method, endowment economy

CLC Number: 

  • F126.1

Fig.1

The mechanism of the impact of digital economy on farmers' household consumption"

Table 1

Descriptive statistics of variables in the whole sample"

变量定义及赋值样本量/个均值标准差最小值最大值
年份具体年份54 3382 015.523.87220102022
家庭总消费对数农户家庭总消费/元54 33810.410.8904.499 814.914
生存型消费占比食品支出、衣着支出和住房支出占总消费比重54 3380.480.2110.000 037 21
发展型消费占比生活服务支出、文化服务支出、交通通讯支出占总消费比重54 3380.270.1790.000 055 41
享受型消费占比旅游支出、耐用品支出占总消费比重54 3380.200.1820.000 016 10.996
家庭纯收入对数上年度家庭纯收入取对数/元54 33810.291.272016.588
性别男=0,女=154 3380.180.38101
年龄实际年龄/岁54 33850.5013.4431898
受教育年限具体年限54 3386.304.110023
健康状况不健康=1,一般健康=2,比较健康=3,很健康=4,非常健康=554 3382.961.28915
是否从事个体经营是=1,否=054 3380.240.42501
是否外出打工是=1,否=054 3380.750.43001
是否移动上网是=1,否=054 3380.690.46201
是否拥有电脑是=1,否=054 3380.310.46101
是否持有金融产品是=1,否=054 3380.330.47201
家庭人口规模家庭成员总数/人54 3383.891.898126
家庭社会网络人情礼支出取对数/元54 3384.823.854011.918
土地资产对数家庭拥有土地估值取对数/元54 3386.834.680015.360
所在地区东部=1,中部=2,西部=354 3381.840.82913
城镇=1,农村=054 3380.340.47401
工资性收入对数农户家庭工资性收入/元54 3387.544.580016.156
转移性收入对数农户家庭转移性收入/元54 3384.273.806015.608
持有现金及存款农户家庭持有的现金及存款总值/元54 3386.314.751015.761
家庭总金融资产农户家庭总金融资产总值/元54 3388.014.354017.217
固定电话数农户家庭所在省份1984年每百人固定电话数量/个54 3380.320.2330.1171.326
地形起伏度农户家庭所在省份地形起伏度54 3381.001.0090.0043.529

Table 2

Baseline regression results"

变量(1)(2)(3)(4)
农户家庭总消费生存型消费占比发展型消费占比享受型消费占比
did0.032**-0.049***0.027***0.002
(2.16)(-10.54)(6.81)(0.62)
性别-0.0050.008**0.006*0.004
(-0.45)(2.27)(1.81)(1.16)
年龄-0.004***0.0000.000**-0.001***
(-5.49)(1.12)(2.32)(-4.54)
健康状况-0.012***0.010***-0.011***0.000
(-3.51)(9.78)(-12.19)(0.50)
土地资产0.003***-0.001**-0.0000.000
(2.98)(-2.37)(-0.01)(1.26)
是否从事个体经营0.184***-0.009**0.002-0.006*
(13.20)(-2.07)(0.43)(-1.73)
是否外出打工0.008-0.0020.001-0.003
(0.96)(-0.75)(0.25)(-1.24)
是否移动上网0.050***-0.0020.001-0.001
(4.53)(-0.72)(0.30)(-0.51)
是否拥有电脑0.025**0.005-0.005*0.006**
(2.39)(1.60)(-1.77)(2.31)
家庭规模0.121***-0.006***-0.0010.004***
(33.60)(-6.63)(-0.85)(4.91)
社会网络0.053***-0.012***-0.005***0.017***
(38.77)(-30.50)(-14.50)(46.02)
是否持有金融产品0.229***-0.025***0.006-0.008
(8.21)(-3.01)(0.87)(-1.02)
所在地区-0.123***-0.014-0.0000.016
(-3.07)(-1.21)(-0.01)(1.54)
常数项9.418***0.468***0.316***0.219***
(104.85)(17.57)(13.21)(9.64)
家庭固定效应
年份固定效应
N54 33854 33854 33854 338
R20.2260.0830.0160.123
Adj. R20.230.080.020.12

Fig.2

Parallel trend test"

Fig. 3

Placebo test"

Table 3

Other tests for robustness performance"

变量(1)(2)(3)(4)
替换被解释变量改变识别策略改变样本容量PSM-DID
did0.024*0.050***0.065***0.032**
(1.67)(3.64)(3.77)(2.15)
控制变量
家庭固定效应
年份固定效应
_cons9.288***9.422***9.445***9.417***
(101.65)(105.10)(101.71)(104.64)
N54 33854 3384954353706
R20.2530.2260.2260.227
Adj. R20.250.230.230.23

Table 4

Endogenous analysis: Instrumental variable estimation method"

变量第一阶段第二阶段
did农户家庭消费
did0.535**
(2.28)
工具变量1:1984年每百人固定电话数量0.096***
(4.14)
工具变量2:农户家庭所在省份地形起伏度0.209***
(10.86)
控制变量
家庭固定效应
年份固定效应
(-16.27)(101.71)
第一阶段F91.524
Kleibergen-Paap rk LM统计量79.600[0.000]
Kleibergen-Paap rk Wald F统计量91.524{19.93}
Hensen J统计P0.7450
N54 33854 338

Table 5

Test results of subject and object effects"

变量客体效应主体效应
信息搜寻成本工资性收入转移性收入预防性储蓄
全样本农村样本城镇样本
(1)(2)(3)(4)(5)(6)
did0.026***0.532***0.357***0.148***0.269*0.027
(4.03)(6.02)(5.34)(2.59)(1.91)(0.42)
_cons1.075***7.837***-2.896***-7.299***-6.437***-8.544***
(26.89)(17.81)(-7.20)(-25.58)(-10.85)(-14.82)
控制变量
家庭固定效应
年份固定效应
N54 33854 33854 33854 33835 79718 541

Table 6

The results of family endowment adjustment effect"

变量(1)(2)(3)(4)
农户家庭总消费生存型消费发展型消费享受型消费
物质资本禀赋调节效应did0.029**-0.088***0.180***-0.047
(2.01)(-5.20)(8.94)(-1.09)
物质资本禀赋0.113***0.122***0.093***0.089***
(25.45)(25.20)(17.05)(8.28)
interact-0.029***-0.031***-0.033***-0.083***
(-3.15)(-2.95)(-3.05)(-4.16)
人力资本禀赋调节效应did0.037**-0.076***0.170***-0.078*
(2.47)(-4.36)(8.38)(-1.80)
人力资本禀赋0.004**0.0000.011***0.006
(2.00)(0.19)(3.79)(1.09)
interact0.006**0.009***-0.009**-0.027***
(2.08)(2.77)(-2.41)(-3.74)
社会资本禀赋调节效应did0.019-0.119***0.184***-0.145***
(1.18)(-6.29)(8.23)(-2.85)
社会资本禀赋-0.538***-0.421***-0.707***-0.689***
(-15.32)(-10.56)(-14.85)(-7.82)
interact0.0040.017***-0.0040.049***
(1.23)(4.07)(-0.86)(4.25)
控制变量
家庭固定效应
年份固定效应
N54 33854 33854 33854 338

Table 7

The results of family characteristics heterogeneity analysis"

变量(1)(2)(3)(4)(5)(6)
男性户主家庭女性户主家庭低收入家庭高收入家庭低受教育程度家庭高受教育程度家庭
did0.032*0.0180.054***-0.0280.0180.059**
(1.96)(0.49)(3.08)(-0.68)(0.94)(2.44)
控制变量
家庭固定效应
年份固定效应
_cons9.418***10.318***9.464***10.065***9.346***9.674***
(95.59)(27.50)(56.57)(76.66)(68.45)(62.95)
N44 7349 60435 76918 56931 43222 906
R20.2470.1280.1800.1960.2050.257
Adj. R20.250.130.180.200.200.26

Table 8

Urban-rural heterogeneity analysis results"

变量(1)
农户家庭总消费
ddd0.081***
(3.29)
控制变量
家庭固定效应
年份固定效应
_cons9.422***
(105.56)
N54 338
R20.226
Adj. R20.23
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