摘要
农业产业化龙头企业是推进乡村全面振兴和农业农村现代化的重要力量。选取2011-2020年我国沪深两市A股涉农上市公司为研究样本,实证检验金融科技对涉农企业全要素生产率的影响效应及其作用机制。研究发现:金融科技能够显著提升涉农企业全要素生产率,金融科技对涉农企业全要素生产率的提升效应在金融发展水平较高地区的企业、涉农支出较低地区的企业中尤为显著,金融科技可以通过缓解融资约束、提高政府补助促进涉农企业全要素生产率的提升。为此,应进一步提升金融科技水平,创新金融涉农服务;推动金融科技在涉农金融领域的应用,扩大涉农金融服务半径;发挥金融科技对政府部门的支持作用,实现政府部门与涉农企业之间的信息畅通。
The leading enterprises in agricultural industrialization are an important force in promoting comprehensive rural revitalization and modernization of agriculture and rural areas.Selecting the A-share listed agricultural companies in China Shanghai and Shenzhen stock markets from 2011 to 2020 as research samples,this study empirically tests the impact of fintech on the total factor productivity of agricultural enterprises and its mechanism of action.It is found that fintech can significantly promote the total factor productivity of agricultural enterprises,the promoting effect of fintech on the total factor productivity of agricultural enterprises is particularly significant in the enterprises in areas with higher level of financial development and areas with lower agricultural expenditure,and that fintech can promote the improvement of the total factor productivity of agricultural enterprises by alleviating financing constraint and increasing government subsidies.Therefore,it is necessary to further enhance the fintech level and innovate agricultural financial services,promote fintech application in the field of agricultural finance and expand the radius of agricultural financial services,and give full play to the supportive role of fintech in government departments and achieve smooth information flow between government departments and agricultural enterprises.
作者
孙继国
黄亚南
SUN Jiguo;HUANG Yanan(School of Economics,Qingdao University,Qingdao 266071,China)
出处
《山东财经大学学报》
2023年第6期35-46,共12页
Journal of Shandong University of Finance and Economics
基金
国家社会科学基金项目“普惠金融支持农业创新链和产业链对接的机制与路径研究”(21BJY044)。
关键词
乡村振兴
金融科技
涉农企业全要素生产率
融资约束
政府补助
rural revitalization
fintech
total factor productivity of agricultural enterprise
financing constraint
government subsidy
