Research on the Impact of Green Finance on High-Quality Agricultural Development

Abstract

Against the backdrop of continuous advancements in green and low-carbon transformation and agricultural modernization, the role of green finance in high-quality agricultural development has received increasing attention. This paper constructs a comprehensive evaluation index system for high-quality agricultural development and a green finance index based on provincial panel data from China, empirically testing the impact of green finance on high-quality agricultural development. The study finds that green finance can significantly promote high-quality agricultural development, and the conclusions remain robust after robustness testing. Heterogeneity analysis indicates that the promoting effect of green finance on high-quality agricultural development is mainly reflected in the western region, while no significant effect has yet been shown in the eastern and central regions; meanwhile, the promoting effect of green finance is more pronounced in regions with low R&D intensity.