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Technological finance development, rural revitalization, and green total factor productivity

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  • Yang, Hong
  • Huang, Xiao

Abstract

Based on data from 31 provincial-level administrative regions in China (excluding Taiwan, Hong Kong, and Macau) from 2011 to 2023, this study investigates the impact of the development of technology finance and rural revitalization on green total factor productivity (GTFP). The findings are as follows: First, the development of technology finance significantly enhances regional GTFP; second, rural revitalization significantly improves regional GTFP; third, rural revitalization plays a mediating role in the relationship between the development of technology finance and GTFP; fourth, the impact of the development of technology finance on GTFP exhibits heterogeneity between regions with high and low levels of urbanization; and fifth, the impact of rural revitalization on GTFP shows heterogeneity between regions with high and low levels of population aging.

Suggested Citation

  • Yang, Hong & Huang, Xiao, 2025. "Technological finance development, rural revitalization, and green total factor productivity," Finance Research Letters, Elsevier, vol. 86(PD).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325018367
    DOI: 10.1016/j.frl.2025.108582
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    References listed on IDEAS

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