Research on empowering agricultural total factor productivity with digital inclusive finance in mountainous counties:taking 26 mountainous counties in Zhejiang Province of China as an example
Digital inclusive finance,as a new form of financial industry in the era of digital intelligence,is an impor-tant support for optimizing financial resource allocation,empowering financial development in mountainous areas,and improving agricultural production efficiency.Based on the county panel data of 26 mountainous counties in Zhejiang Province from 2014 to 2021,this paper used DEA Malmquist index method to measure and calculate agricultural total factor productivity and its decomposition indicators,and then constructed a fixed effect model to empirically test the impact of digital inclusive finance on agricultural total factor productivity,and conducted a heterogeneity analysis.The results indicated that digital inclusive finance and its three sub dimensions in 26 mountainous counties of Zhe-jiang Province had a positive promoting effect on agricultural total factor productivity,mainly reflected in promoting agricultural technological progress.From various dimensions,the strongest promoting effect on agricultural total factor productivity was the depth of use of digital inclusive financial products and services,followed by the breadth of cover-age,and the weakest degree of digitization.Meanwhile,the promotion role of digital inclusive finance was stronger in the western region of 26 mountainous counties in Zhejiang Province.To this end,it is necessary to accelerate the de-velopment and coverage of digital inclusive finance in mountainous counties,deepen the construction of digital inclu-sive finance infrastructure,focus on improving the literacy of the digital inclusive finance audience,and empower the improvement of agricultural total factor productivity.
digital inclusive financeagricultural total factor productivitymountainous countiesDEA Malmquist index
万方数据
