| Title | Does digital finance enhance industrial green total factor productivity? Theoretical mechanism and empirical test |
|---|---|
| ID_Doc | 62306 |
| Authors | Lyu, Y; Gu, BT; Zhang, JN |
| Title | Does digital finance enhance industrial green total factor productivity? Theoretical mechanism and empirical test |
| Year | 2023 |
| Published | Environmental Science And Pollution Research, 30, 18 |
| Abstract | The development and application of digital finance has brought profound changes to the real economy, and its impact on industrial green total factor productivity is worthy of attention and evaluation. The industrial green total factor productivity of each province in China is measured by using EBM-ML index with the provincial panel data collected from 2011 to 2020. The panel fixed effects model is used to estimate the impact of digital finance on industrial green total factor productivity. The intermediary effect model is constructed to analyze its conduction mechanisms. The heterogeneity of the impact of digital finance on industrial green total factor productivity is further explored. The results indicate that digital finance makes a significant contribution to the promotion of industrial green total factor productivity. Digital finance indirectly promotes the enhancement of industrial green total factor productivity by promoting technological innovation, driving industrial upgrading and stimulating entrepreneurial dynamism. The impact of digital finance on industrial green total factor productivity has obvious sub-dimension heterogeneity and regional heterogeneity. Based on the above conclusions, we also suggest policy recommendations such as unblocking the conduction channels of digital finance and implementing the differentiated digital finance development strategy. The highlight of this paper is that it takes digital finance as the entry point and shifts the research content to the real economy, broadening the research perspective of "digital finance". |
Similar Articles
| ID | Score | Article |
|---|---|---|
62207
|
Guo, JF; Zhang, K; Liu, KC Exploring the Mechanism of the Impact of Green Finance and Digital Economy on China's Green Total Factor Productivity(2022)International Journal Of Environmental Research And Public Health, 19, 23 | |
| 31163
|
Yue, H; Zhou, ZZ; Liu, HW How does green finance influence industrial green total factor productivity? Empirical research from China(2024) | |
| 31705
|
Liu, D; Li, YS; You, J; Balezentis, T; Shen, ZY Digital inclusive finance and green total factor productivity growth in rural areas(2023) | |
| 62244
|
Hong, MY; Tian, MJ; Wang, J Digital Inclusive Finance, Agricultural Industrial Structure Optimization and Agricultural Green Total Factor Productivity(2022)Sustainability, 14, 18 | |
| 35744
|
Wang, J; Wang, J The dynamic impact of digital finance on green innovation: evidence enterprise-level empirical data in China(2023)Environmental Science And Pollution Research, 30, 53 | |
| 31931
|
Xiao, Q; Wang, Y; Liao, HJ; Han, G; Liu, YJ The Impact of Digital Inclusive Finance on Agricultural Green Total Factor Productivity: A Study Based on China's Provinces(2023)Sustainability, 15, 2 | |
| 61993
|
Li, Y; Sun, R; Rao, YT Digital Technology and Green Total Factor Productivity(2024)Polish Journal Of Environmental Studies, 33, 2 | |
| 35607
|
Meng, FS; Zhang, WY Digital finance and regional green innovation: evidence from Chinese cities(2022)Environmental Science And Pollution Research, 29, 59 | |
| 32359
|
Liu, Y; Xiong, RC; Lv, SG; Gao, D The Impact of Digital Finance on Green Total Factor Energy Efficiency: Evidence at China's City Level(2022)Energies, 15, 15 | |
| 62434
|
Tian, XY; Zhang, YX; Qu, GH The Impact of Digital Economy on the Efficiency of Green Financial Investment in China's Provinces(2022)International Journal Of Environmental Research And Public Health, 19, 14 |