基于农户生产模型从要素视角剖析农地流转“内卷化”的成因，并阐述数字普惠金融对农地流转“去内卷化”的影响及机制，然后进一步利用湘粤两省调研数据和Heckman两阶段模型实证检验数字普惠金融对农户农地转入行为的影响。研究发现，数字普惠金融能显著促进农户农地转入，该结论在稳健性检验后仍然成立。机制分析表明，数字普惠金融发挥作用的重点在于推动农业机械化，促进农户转入土地以实现规模化经营。异质性检验发现，数字普惠金融显著促进了土地经营面积在30亩以下的农户农地转入行为，且对经营面积在10—30亩的农户作用最强；相较于广东，数字普惠金融使用对湖南样本农户的作用更强。因此，要强化分类指导，引导数字普惠金融“活水”精准滴灌田间地头，促进农户农地流转以推进农地适度规模经营。

Based on the farmer production model, this paper analyzes the causes of “involution” in farmland transfer from the factor perspective, and elucidates the impact and mechanisms of digital inclusive finance on the “de-involution” of farmland transfer. Subsequently, by using survey data from Hunan and Guangdong provinces and the Heckman two-stage model, it empirically tests the influence of digital inclusive finance on farmers’ farmland inflow behavior. The study finds that digital inclusive finance can significantly promotes farmers’ farmland inflow, and the conclusion remains valid after robustness tests. Mechanism analysis reveals that the primary mechanism through which digital inclusive finance functions lies in promoting agricultural mechanization and encouraging farmers to acquire more land to achieve scale management. Heterogeneity tests show that digital inclusive finance significantly promotes farmland inflow for farmers with operational land under 30 mu, especially for those with 10-30 mu of operated land. The use of digital inclusive finance has a more significant impact on sampled farmers in Hunan compared to those in Guangdong. Therefore, it is essential to strengthen categorized guidance, channel the “live water” of digital inclusive finance to irrigate the fields precisely, and promote farmers’ farmland transfer to advance moderate-scale farmland operation.

F323；F49；F832

广东省哲学社会科学规划一般项目（GD22 CGL12）；广东省普通高校特色创新类项目（2024WTSCX 036）；韶关学院引进（培养）人才科研项目（9900064604）