Research on the Impact of Digital Finance on the Green Total Factor Productivity of the Yangtze River Economic Belt

Shuqi Zhang

doi:10.6981/FEM.202603_7(3).0001

Authors

Shuqi Zhang

DOI:

https://doi.org/10.6981/FEM.202603_7(3).0001

Keywords:

Digital Finance; Green Total Factor Productivity; Green Technology Innovation; Yangtze River Economic Belt.

Abstract

Green development in China's Yangtze River Economic Belt is increasingly driven by the digital economy. Based on a panel dataset of 108 cities in the region from 2011 to 2023, a significant positive impact of digital finance on green total factor productivity is identified in this study.This positive effect operates primarily through two channels: deepening the usage of financial services and advancing digital technologies, rather than merely expanding coverage. Digital finance promotes GTFP by supporting green technology innovation. The effect is particularly strong in non-resource-based cities. These findings highlight the importance of developing digital finance and fostering technological innovation to support the region's green transition.

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