Digital Inclusive Finance On Agriculture Green Total Factor Productivity Of County Study

Since the 18 th National Congress of the People’s Republic of China,the state has regarded the ecological civilization and green development of agriculture as the focus of its work,in the process of agricultural modernization,there are still many problems,such as uneven distribution of production factors,obsolete agricultural production mode,slow green transformation of agriculture,and large income gap between urban and rural residents.Under the new situation,only relying on the method of increasing the input of factors can not play a sustainable role in the high-quality development of agriculture,so,to solve the“Three rural”problems,accelerate the process of agricultural modernization,promoting Agriculture Green Total Factor Productivity has become a priority.Financial development as an important factor in promoting Agriculture Total Factor Productivity has been demonstrated by many scholars.With the fusion of finance and digital technology,Digital Inclusive Finance came into being,it provides a new development direction for traditional finance to service efficiency and resource optimization,so the research on the impact of DIF on AGTFP has become a new focus of scholars.With this in mind,this paper aims to explore the impact of DIF on AGTFP of county from both theoretical and empirical perspectives,with the goal of unleashing the rural economic potential and accelerating the green transformation of agriculture at the county level,and according to the empirical conclusions of the relevant policy recommendations.Exploring the impact of DIF on the GTFP of county agriculture is necessary means to promote the green transformation of agricultural modernization.Firstly,this paper collates the literature based on the extensive literature on DIF and AGTFP of country,and concludes that DIF has an impact on green total factor productivity in county agriculture through direct and indirect path;Secondly,The model of EBM-GML is used to calculate the data of 907 counties in 21 provinces,municipalities and autonomous regions from 2014 to 2020,the Green Total Factor Productivity indicators for agriculture at the county level were set as the main dependent variables,and the decomposed indicators of agricultural technology progress and agricultural technology efficiency were set as secondary dependent variables,DIF of county as independent variables,and a brief description of the measurement results;Finally,the fixed-effects model was used to empirically analyze the impact and heterogeneity of DIF on the AGTFP of county agriculture,followed by an intermediary model,the three indirect influence paths proposed in this paper are verified one by one.The conclusions of this paper are as follows:(1)from a national perspective,DIF has positively promoted the promotion of AGTFP in county-level,among them,agricultural technology progress plays a leading role;(2)the impact of DIF on AGTFP in the counties of China’s Central,Central and western regions is heterogeneous;(3)DIF promoted the promotion of Green Agricultural Total factor Productivity in county areas through three indirect impact paths.