Study on the Double Effect of Green Finance Enabling High-Quality Development of Food Production in Main Grain Production Areas
The main grain production areas,centered on grain production,are entrusted with the most important responsibility of national food security and the arduous task of leading the modernization of agriculture and rural areas.Accelerating high-quality development of grain production in the main grain production areas is crucial.To this end,we construct a theoretical analysis framework of the economic cycle system centered on grain production.We use provincial panel data from 2012 to 2021 to empirically test the"double effect"of green finance in empowering the high-quality development of grain production in major production areas.We adopt fixed effect,intermediary effect,and threshold effect models.The results show that green financial empowerment has a direct effect through factor transformation,behavioral change,and product upgrading in grain production.It also has an indirect effect through ecologically and value-oriented demand-responsive behavior of grain products in the consumer market.The study concludes that green finance empowered the high-quality development of grain production with the project nature of financial engineering.This can be implemented through different green financial tools.It also has the wholeness and complexity of the regional economic system,which requires different combinations of green financial tools and their functional innovations to prevent and avoid the phenomenon of the economic cycle centered on grain production in the main grain production areas.
green financemain grain production areasgrain productionhigh-quality development
NETL
NSTL
万方数据
