Research on the impact of inclusive finance on agricultural green development: Empirical analysis of China’s main grain producing areas

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Abstract
In order to study the impact of inclusive finance on agricultural green development, This paper uses both static panel and dynamic panel (system GMM model) estimation methods to make empirical analysis of the impact of inclusive financial development on agricultural green development. The results both find that there is a significant positive correlation between the level of inclusive financial development, real GDP per capita, the proportion of the added value of agriculture, forestry, animal husbandry and fishery in GDP and agricultural green development. This paper puts forward some countermeasures and suggestions to promote agricultural green development, including vigorously developing inclusive finance, promoting economic growth, promoting the development of agriculture, forestry, animal husbandry and fishery, and increasing environmental protection expenditures.
Funding Information
  • Research on the path and model of innovation-driven agricultural transformation in Jiangsu (20GLD014)
  • 2020 General Project of Philosophy and Social Sciences Research in Jiangsu Universities - Research on Financial Support for Agricultural Green Development in Jiangsu Province (2020SJA2177)