Research on the Effect of Digital Inclusive Finance on Agricultural GTFP:Based on the Regulatory Effect of Industrial Agglomeration
Improving agricultural GTFP is the key to promote rural revitalization strategy.As a new driving force for high-quality rural development,digital inclusive finance may be combined with industrial agglomeration to promote agricultural GTFP.Based on the panel data of30 provinces in China from 2011 to 2020,this paper empirically studies the spatial effect of digital inclusive finance and its fractal index on agricultural GTFP,technical efficiency and technical progress in China,and further analyzes the moderating effect of agricultural industrial agglomeration on the relationship between them.The results show that the rapid improvement of digital inclusive finance level has a positive impact on agricultural GTFP;Spatial spillover effect shows thatthe growth of digital inclusive finance in neighboring areas inhibits the growth of agricultural GTFP in this area;The adjustment effect shows that agricultural industrial agglomeration plays a negative role in the process of promoting agricultural GTFP improvement by digital inclusive finance.Therefore,to promote the growth of agricultural GTFP,we should give full play to the role of digital inclusive finance as the power engine and guide the rational distribution of agricultural industries,so as to improve the allocation efficiency of financial resources in the agricultural field and promote the high-quality development of rural areas.
digital inclusive financeagricultural industrial agglomerationagricultural green total factor productivityspatial Durbin model
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