How Does the Development of Industrial Sci-Tech Finance Affect Green Total Factor Productivity?
This paper uses industrial data from 30 provinces in China from 2012 to 2021,and uses the non-guided EBM super-efficiency model,entropy method and spatial Durbin model to empirically test the impact,moderating effect and spatial effect of industrial sci-tech finance development on industrial green total factor productivity.The results show that industrial sci-tech finance can significantly improve its green total factor productivity,and the improvement effect is more obvious in the eastern region.Digital inclusive finance has a negative regulatory effect on the relationship between the two,and technological diversification has a positive promoting effect on the relationship between the two.Further examination of the spatial effect of industrial sci-tech finance on industrial green total factor productivity found that the development of industrial sci-tech finance only promotes the province's industrial green total factor productivity,but does not have a spatial spillover effect on peripheral areas.Finally,this paper provides policy suggestions for promoting industrial green total factor productivity.
sci-tech financegreen total factor productivitydigital inclusive financetechnological diversificationspatial effect
NETL
NSTL
万方数据
