Table 1 Descriptive statistics result.
Variables | Measurement | Symbol | Obs. | Mean | St | Min | Max |
|---|---|---|---|---|---|---|---|
The level of AMS | Total income from agricultural machinery services/number of people employed in agricultural machinery | lnAMS | 360 | 0.734 | 0.238 | 0.219 | 1.291 |
DFI | China Digital Inclusive Finance Index | lnDFI | 360 | 5.338 | 0.666 | 2.909 | 6.133 |
Breadth of DFI | China Digital Inclusive Finance Index | lnBRE | 360 | 5.216 | 0.813 | 0.673 | 6.122 |
Depth of DFI | China Digital Inclusive Finance Index | lnDEP | 360 | 5.313 | 0.645 | 1.911 | 6.236 |
Digitization of DFI | China Digital Inclusive Finance Index | lnDIG | 360 | 5.599 | 0.667 | 2.026 | 6.147 |
Urbanization development level | Proportion of the urban permanent population to the total permanent population | lnCITY | 360 | 0.468 | 0.074 | 0.300 | 0.640 |
Rural Old Age Dependency Ratio | Proportion of the population aged 65 and over in rural areas | lnOAD | 360 | 0.168 | 0.051 | 0.068 | 0.369 |
Industrial structure upgrading index | Primary Industry GDP to GDP ratio + (Secondary Industry GDP to GDP ratio) × 2 + (Tertiary Industry GDP to GDP ratio) × 3 | lnIS | 360 | 1.218 | 0.038 | 1.153 | 1.344 |
Crops affected by disasters | Area affected/area sown to crops | lnPCA | 360 | 0.125 | 0.093 | 0.004 | 0.528 |
Agricultural-related loans | Provincial agricultural loans | lnAL | 360 | 8.830 | 0.891 | 6.639 | 11.09 |
