Can digital inclusive finance simultaneously enhance carbon productivity and green total factor productivity?

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-09-23 DOI:10.1016/j.frl.2025.108536

Xiao Huang, Hong Yang

引用次数: 0

Abstract

Utilizing panel data spanning 2010–2023 across 31 Chinese provincial-level administrative regions (excluding Taiwan, Hong Kong, and Macao), this study implements a fixed effects regression framework to analyze how Digital Inclusive Finance (DIF) adoption influences regional carbon productivity and Green Total Factor Productivity (GTFP). The study finds that: DIF significantly enhances regional carbon productivity; DIF significantly improves regional GTFP; DIF can enhance regional carbon productivity by promoting green technological innovation; DIF can also improve regional GTFP through fostering green technological innovation(GTI); furthermore, the effects of DIF on regional carbon productivity and GTFP exhibit heterogeneity across different regions.

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数字普惠金融能否同时提高碳生产率和绿色全要素生产率？

本研究利用2010-2023年中国31个省级行政区（不包括台湾、香港和澳门）的面板数据，采用固定效应回归框架，分析采用数字普惠金融（DIF）对区域碳生产率和绿色全要素生产率（GTFP）的影响。研究发现：DIF显著提高了区域碳生产力；DIF显著提高区域GTFP；DIF可以通过促进绿色技术创新来提高区域碳生产率；DIF还可以通过促进绿色技术创新（GTI）来提高区域GTFP；此外，DIF对区域碳生产力和GTFP的影响在不同区域表现出异质性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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