Research On The Impact Of Digital Inclusive Finance On Agricultural Green Total Factor Productivity In The Yangtze River Economic Belt

As the most basic production sector of national economic production,agricultural production plays the most basic supporting role in the development of the national economy and is the most solid foundation of the national strategy.Vigorously improving the green total factor productivity of agriculture is the proper meaning of agricultural modernization and a strong guarantee for maintaining the national food security strategy.With the vigorous development of China’s digital economy,digital inclusive finance based on digital technology has been fully developed,bringing a lower threshold financial support for agricultural development,and playing an increasingly important role in improving the green total factor productivity of agriculture.This paper first uses the DEA-Malmquist index method to calculate the agricultural green total factor productivity of 110 cities in the Yangtze River Economic Belt from 2000 to 2020,and analyzes its overall development and characteristics by province,city,and river basin.Secondly,based on the panel data of 110 cities in the Yangtze River Economic Belt from 2011 to 2020,the fixed effect model,instrumental variable method and threshold model are used to explore the impact of digital inclusive finance and its various dimensions on agricultural green total factor productivity,and further analyze the impact of heterogeneity Effect and threshold effect,and test the mechanism of human capital and industrial structure optimization.Finally,relevant countermeasures and suggestions are put forward according to the research results.Research findings indicate that the overall agricultural green total factor productivity(TFP)of cities in the Yangtze River Economic Belt has shown an upward trend,with a general trend of "downstream > midstream > upstream".Digital inclusive finance has a significant effect on improving the agricultural green TFP in all dimensions,mainly by promoting technological progress.The heterogeneity analysis shows that digital inclusive finance has regional heterogeneity in promoting agricultural green TFP.At the same time,there is a single threshold for the improvement effect of digital inclusive finance on agricultural green TFP,and the improvement effect will be significantly increased after crossing the threshold.Digital inclusive finance has promoted the improvement of agricultural green TFP by promoting human capital and optimizing industrial structure.Therefore,the article suggests accelerating the transformation and development of agriculture,promoting digital inclusive finance to empower human capital,better serving the upgrading of industrial structure,accelerating the construction of digital inclusive finance infrastructure,strengthening the construction of digital inclusive finance regulatory system,and guiding its complementary advantages with traditional finance to promote the development of green agriculture.