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Coupling and coordination between green finance and agricultural green development: Evidence from China

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  • Han, Xu
  • Wang, Ying
  • Yu, Wanlin
  • Xia, Xianli

Abstract

Agricultural green development is a path to low-carbon development, and green finance plays a crucial role in promoting agricultural green development. Studying the relationship between the two is important for achieving green economic growth. This paper uses data from the Yellow River Basin of China from 2010 to 2020 to construct a green finance and agricultural green development index using a combination weighting method based on game theory. A coupling and coordination model and a kernel density estimation method were used to analyze the trends of green finance and agricultural green development and the degree of coupling and coordination. The study found that the degree of coupling and coordination between green finance and agricultural green development in the Yellow River Basin has improved from "moderate disorder" to "basic coordination". The kernel density estimation results suggest that the coupling and coordination degree in the Yellow River Basin will gradually evolve toward "basic coordination" or even "good coordination". However, there are still room for development. We draw the conclusion that agriculture needs strong support from green finance to achieve green transformation. This can provide insights for the coordinated development of green finance and agricultural green development in emerging economies.

Suggested Citation

  • Han, Xu & Wang, Ying & Yu, Wanlin & Xia, Xianli, 2023. "Coupling and coordination between green finance and agricultural green development: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PA).
    • Handle: RePEc:eee:finlet:v:58:y:2023:i:pa:s1544612323005937
    DOI: 10.1016/j.frl.2023.104221
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    Cited by:

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    2. Lei Zhan & Xiaoying Huang & Zihao Xu & Zhigang Huang, 2025. "Assessing the Coordination Development Level of Agricultural Economy and Ecology in China: Regional Disparities, Dynamics, and Barriers," Agriculture, MDPI, vol. 15(2), pages 1-32, January.
    3. Wang, Lili & Liang, Jian & Wang, Beibei, 2024. "Population aging and sustainable economic development: An analysis based on the role of green finance," Finance Research Letters, Elsevier, vol. 70(C).
    4. Jian Feng & Lingjin Kong & Haoyang Li & Nicola Cannon & Xianmin Chang & Longbo Ma, 2025. "Evaluation of the Sustainable Development Capacity of Bay Cities in China in the Context of Blue Bay Remediation Action," Sustainability, MDPI, vol. 17(7), pages 1-25, March.
    5. Xin Ma & Fen Jia, 2024. "Spatiotemporal Evolution and Convergence Analysis of Urban Economic Resilience in China—A Case Study of Jiangsu Province," Sustainability, MDPI, vol. 16(21), pages 1-19, October.
    6. Xuan Liu & Xuexi Huo, 2024. "Green Finance, Land Transfer and China’s Agricultural Green Total Factor Productivity," Land, MDPI, vol. 13(12), pages 1-18, December.
    7. Ben Pei & Shulin Chen, 2024. "Does Green Finance Enhance the Ecological Value Level of Cultivated Land? Evidence from Mainland China," Agriculture, MDPI, vol. 14(12), pages 1-27, December.
    8. Lee, Chien-Chiang & Yuan, Zihao & Kang, Yongchao, 2024. "Green finance and land ecological security: A potential mechanism for sustainable development," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1222-1241.
    9. Tianxiang Long & Yuxin Liu & Qikang Zhong, 2024. "Regional Coexistence in the Digital Era: Spatial–Temporal Evolution and Sustainable Strategies of the Coupled System in the Yangtze River Basin, China," Land, MDPI, vol. 13(10), pages 1-23, October.

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