The Impact Of Digital Inclusive Finance On Green Total Factor Productivity Of Chinese Cities Under The "Double Carbon" Goal

At present,China is in the key stage of accelerating the transformation of green and low carbon economy and comprehensively improving urban green total factor productivity.The proposal of "double carbon" goal puts forward a higher standard for green economic development.We give full play to the advantages of digital economy,with the help of effective financial means,optimize the allocation of resources,and solve the capital problems faced by enterprises from the root.In this way,enterprises can stimulate green technology research and development,comprehensively improve resource allocation and production efficiency,and finally achieve the green development effect of energy conservation and emission reduction,and achieve the "double carbon" goal on time.Green total factor productivity is an important indicator to measure green development,and digital inclusive finance is the product of the combination of traditional finance and digital technology.The development of green economy needs to take digitalization as the driving force and finance as an effective means to make breakthroughs from the root causes.Therefore,this paper takes268 prefecture-level cities as the research object and takes 2011-2019 as the time sample to establish a model to study the relationship between digital inclusive finance and green total factor productivity under the "dual-carbon" target,and draws the following conclusions:Digital inclusive finance can significantly improve green total factor productivity in Chinese cities;Digital inclusive finance improves green total factor productivity by stimulating the upgrading of industrial structure,alleviating the degree of resource mismatch and promoting green technology innovation;At the same time,the impact of digital inclusive finance on green total factor productivity is significantly heterogeneous,and the development of digital inclusive finance has a more significant effect on the improvement of green total factor productivity in central and western China.In the context of the "double carbon" target,local governments should adapt to local conditions,vigorously develop green oriented digital inclusive finance,give full play to its advantages,and rationally allocate resources to improve the utilization rate.Strengthen the combination of digitalization and industrialization to make the industrial structure more reasonable and green;At the same time,enterprises should be encouraged to carry out green technology innovation,develop low-carbon clean technology,and ultimately improve green total factor productivity.In order to achieve "double carbon".