Research On The Impact Of Digital Inclusive Finance On Green Total Factor Productivity

Under the background of "dual carbon",the green transformation of economic development is a strategic need for sustainable economic development in China,and digital inclusive finance,as one of the most important digital financial models,has important research value on the relationship between green and low-carbon development and transformation.To this end,based on the provincial panel data from2011 to 2019,this paper uses the super-efficiency SBM-GML model to measure GTFP,and studies the efficiency characteristics of digital financial inclusion and economic green development.The relationship between finance and GTFP.The research findings: First,in the past decade,digital financial inclusion and GTFP have shown highly similar development characteristics.Both the digital financial inclusion index and the green production efficiency of the economy show an obvious upward trend of fluctuation,and the “transformation” of digital financial inclusion development momentum and the “second-stage” characteristics of GTFP are obvious;during the measurement period,China’s green development efficiency improvement is the main source of power Due to technological progress,the driving effect of technical efficiency and scale efficiency is not yet obvious.Second,the development of digital financial inclusion has significantly promoted the improvement of GTFP,and its different location characteristics,levels of digital financial inclusion and economic development also have a significant heterogeneity impact on the relationship between digital financial inclusion and GTFP.In regions with good quality and high level of digital financial inclusion,the stronger the effect of digital financial inclusion on GTFP is.Third,the impact of digital financial inclusion on GTFP is mainly achieved through expanding financial coverage and promoting technological progress.Therefore,in order to effectively activate the vitality of the green and low-carbon transformation of digital inclusive finance,it is proposed to give full play to the enabling effect of digital inclusive finance scenarios to stimulate the vitality of social innovation;strengthen knowledge education on digital inclusive finance,and release the development vitality of digital inclusive finance;Fintech advantages,enhance the endogenous driving force for the development of digital inclusive finance;improve the dynamic financial supervision mechanism,maintain the order of the digital inclusive financial market and other four major measures,expand the coverage of financial services,promote technological progress,accelerate the development of digital inclusive finance,and improve the economy Green transformation and development efficiency.