The Impact of Digital Inclusive Finance on Agricultural Green Total Factor Productivity: Evidence From China

Frontiers in Ecology and Evolution

Jianfeng Li¹  Qiang Gao²  Guanglin Sun³  Changming Cheng⁴ 

[1] College of Economics and Management, China Jiliang University, Hangzhou, China;College of Economics and Management, Nanjing Forestry University, Nanjing, China;Institute of Industrial Economics, Chinese Academy of Social Sciences, Beijing, China;School of Economics and Management, Chuzhou University, Chuzhou, China;School of Finance, Nanjing University of Finance and Economics, Nanjing, China;

关键词: agricultural green total factor productivity;    digital inclusive finance;    Tobit model;    mechanism;    China;   

DOI  :  10.3389/fevo.2022.905644

来源: DOAJ

【 摘 要 】

This manuscript applies the GML model with unexpected output to measure agricultural green total factor productivity (GTFP) in 30 provinces in China from 2011 to 2019. We explore the effect and mechanism of digital inclusive finance (DIF) on agricultural green total factor productivity. Our empirical results show that during the sample period, China’s agricultural green total factor productivity has shown an increasing trend. Digital inclusive finance mainly promotes agricultural GTFP by improving green technology level. The coverage rate, the application rate and the digitalization rate of digital inclusive finance all generate positive effects on agricultural green total factor productivity, among which the coverage rate contributes the most. Besides, the positive effect of digital inclusive finance in the eastern coastal areas is more significant than in other areas. The analysis of the mechanism shows that digital inclusive finance can indirectly help improve agricultural green total factor productivity through motivating agricultural technology innovation and industrial structure optimization. The research results of this manuscript are extremely meaningful for better implement DIF-related policies, and promote the green development of agriculture.

【 授权许可】

Unknown