Rural financial development, agricultural mechanization, and total factor productivity

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-06-01 Epub Date: 2025-03-24 DOI:10.1016/j.frl.2025.107288

Wenbin Min

引用次数: 0

Abstract

This paper empirically examines socioeconomic variables across 30 provincial administrative regions in mainland China from 2010 to 2020, analyzing the impact of rural financial development on agricultural total factor productivity (TFP) and the mechanisms underlying this relationship. The findings indicate that rural financial development significantly enhances agricultural TFP. Mediation analysis further confirms that this effect occurs primarily through the promotion of agricultural mechanization. Additionally, heterogeneity analysis reveals notable regional disparities: the western region experiences the most substantial boost in agricultural TFP from rural financial development, followed by the central region, whereas the eastern region sees a comparatively smaller effect. These results indicate the presence of distinct regional variations in how rural financial development influences agricultural TFP.

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农村金融发展、农业机械化与全要素生产率

本文对2010 - 2020年中国内地30个省级行政区的社会经济变量进行实证检验，分析农村金融发展对农业全要素生产率的影响及其机制。研究发现，农村金融发展显著提高了农业全要素生产率。中介分析进一步证实，这种影响主要是通过促进农业机械化产生的。此外，异质性分析还揭示了显著的区域差异：农村金融发展对农业全要素生产率的促进作用最大的是西部地区，其次是中部地区，而东部地区的影响相对较小。这些结果表明，农村金融发展对农业全要素生产率的影响存在明显的区域差异。

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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