Research On Digital Inclusive Finance And Improving Total Factor Productivity Of Grain

China’s food production faces various challenges,mainly including resource and environmental constraints,population growth and urbanization impacts,climate change and natural disaster risks.In order to ensure national food security and improve the sustainable development level of food production,it is necessary to increase total factor productivity to increase food production and efficiency.Improving total factor productivity of grain is beneficial for increasing farmers’ income,promoting agricultural modernization,ensuring national food security,and promoting sustainable development.In recent years,digital inclusive finance has developed rapidly in China,which can effectively solve the financing and technical difficulties in grain production.Therefore,studying the impact and mechanism of digital inclusive finance on total factor productivity of grain is of great significance for promoting high-quality grain production and rural revitalization.This paper aims to study the impact of digital inclusive finance on total factor productivity of grain and its mechanism.Taking provincial panel data of 31 provinces(cities,autonomous regions)nationwide from 2011 to 2020 as the observation sample,this paper empirically tests the impact of digital inclusive finance on total factor productivity of grain,and clarifies the connotation of digital inclusive finance and the measurement method of total factor productivity of grain,And explore the theoretical basis and mechanism of the impact of digital inclusive finance on total factor productivity of grain.This paper uses DEA Malmquist index to measure the total factor productivity of grain,empirically analyzes the technical progress and technical efficiency of the decomposition of total factor productivity of grain,and uses the mesomeric effect model to test whether the level of rural financial development plays an intermediary role.Based on the results,targeted policy recommendations are proposed to enhance the total factor productivity of grain through digital inclusive finance,with the aim of increasing grain production and promoting sustainable agricultural development.This article quantitatively analyzes the impact and utility of digital inclusive finance on total factor productivity of grain.The research results show that:(1)technological progress and efficiency in the decomposition of total factor productivity of grain are mainly influenced by technological progress.(2)Digital inclusive finance has a positive and significant impact on total factor productivity and technological progress of grain,but has no significant impact on technological efficiency;(3)The three dimensions of digital inclusive finance all have a significant positive impact on total factor productivity of grain;(4)The impact of digital inclusive finance on total factor productivity of grain exhibits regional heterogeneity,with the central region having the most significant impact effect nationwide,followed by the eastern and western regions;(5)The results of mesomeric effect show that digital inclusive finance can promote the improvement of rural financial level and thus promote the improvement of total factor productivity of food.