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The impact of agricultural total factor productivity and green finance development on ecological resilience

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  • Li, Yuan
  • He, Zejun

Abstract

This study conducts an empirical analysis using provincial panel data from China between 2009 and 2023, examining the multidimensional impacts of agricultural total factor productivity (TFP) and green finance on regional ecological resilience. The results reveal that agricultural TFP significantly positively drives regional ecological resilience, while green finance also demonstrates a reinforcing effect on ecological resilience. Additionally, green finance plays a significant moderating role in the relationship between agricultural total factor productivity and ecological resilience. Heterogeneity analysis indicates that the impact of agricultural total factor productivity on ecological resilience exhibits significant regional heterogeneity characteristics.

Suggested Citation

  • Li, Yuan & He, Zejun, 2025. "The impact of agricultural total factor productivity and green finance development on ecological resilience," Finance Research Letters, Elsevier, vol. 84(C).
  • Handle: RePEc:eee:finlet:v:84:y:2025:i:c:s1544612325010876
    DOI: 10.1016/j.frl.2025.107829
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    References listed on IDEAS

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