Vol. No. 15, Issue No. 7, July 2025
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New Books

B118986
Fintech For Billions
By Chowdhry Bhagwan

B118348
Anchoring Change
By Mehta Vikram Singh

B115430
Poverty and Income Distribution in India
By Banerjee, Abhijit Vinayak ed
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Articles
Effect of collective action on rural economic development in China: does labour outmigration matter?
By Wang, Jiayi;Wang, Yongping
Applied Economics. Jun2025, Vol. 57 Issue 30, p4321-4334. 14p


Abstract :We examine the impact of collective action on rural economic development and the moderating and threshold effects of labour outmigration using farm household survey data from rural China. The results indicate that collective action can enhance rural economic development; however, its efficacy may decrease in highly populated villages. Mechanisms for rural economic development assessments can enhance the effectiveness of collective action. Labour outmigration negatively moderates the relationship between collective action and rural economic development, suppres- sing the facilitating effect of collective action on rural economic development. Collective action significantly boosts rural economic development when the labour outmigration level is below a certain threshold. However, if it is above this threshold, the effect becomes insignificant. This study highlights the positive role of collective action in rural economic development and the critical effect of labour migration on this dynamic.
Does digital village development increase rural residents’ income? Causal inference based on double machine learning
By Li, Jianqin;Tong, Wenqing
Applied Economics Letters. May2025, p1-8. 8p. 1 Illustration


Abstract :Employing the double machine learning approach within a quasi-natural experiment based on China’s ‘National Digital Village Pilot’ policy, this study investigates the effect of digital village development on rural residents’ income. The findings reveal a statistically significant positive impact of digital village development on rural residents’ income, with a more pronounced effect observed in relatively less developed counties, specifically including provincial border counties, poverty-stricken counties, and non-city counties. The key mechanisms include stimulating entrepreneurship, advancing digital finance, and enhancing factor inflows. This study contributes to the existing literature on digital village development and rural residents’ income, offering a policy rationale for fostering income growth in rural areas.
From Aspirations to Identity: Goal Orientations and the Rural Path to Entrepreneurship
By Alipour, Kent K.;McMillan, Amy;Lawrence, Ericka;Barber, Dennis
Journal of Small Business Strategy. 2025, Vol. 35 Issue 2, p20-34. 15p.


Abstract :Purpose: This study examines how dispositional goal orientations predict entrepreneurial identity (EI) formation and investigates the moderating role of rurality in these relationships. We integrate existing identity perspectives with goal orientations research to develop our theoretical framework. Design/methodology/approach: We conducted two studies sampling full-time workers in the United States (Study 1: n=377; Study 2: n=405) via online platforms. Study 2 employed a time-lagged design. Path analysis in Mplus 8.8 was used to test our hypotheses. Findings: Learning and performance-prove orientations positively predicted EI, while performance-avoid orientation negatively predicted EI. Rurality amplified the positive effects of learning orientation and exacerbated the negative effects of performance-avoid orientation on EI. Contrary to expectations, rurality did not moderate the relationship between performance-prove orientation and EI. Practical implications: Our findings inform the development of targeted entrepreneurship promotion strategies and vocational training programs. They suggest ways to tailor interventions based on individuals` learning and performance-avoid orientations, particularly in rural contexts. Originality/value: This research extends EI literature by identifying dispositional goal orientations as key antecedents and rurality as a critical moderator of EI formation. It addresses calls for research on contextual factors in EI development and demonstrates the relevance of goal orientations beyond academic settings
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News
Driving sustainability: Bengaluru-based Moonrider powers rural India with next-gen electric tractors
By The Economic Times; June 24, 2025
Waste to worth: Rural India’s plastic challenge
By Hindustan Times; 05th June 2025
Rural India lags in e-commerce, purchases mainly limited to durables: NSS survey
By Business Line; Jun 6 2025

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