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Research on the Promotion of Green Total Factor Productivity of Small and Medium-sized Manufacturing Enterprises in China by Fintech

In: Proceedings of the 2025 7th International Conference on Economic Management and Cultural Industry (ICEMCI 2025)

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  • Xiangcheng Wang

    (Lingnan University)

Abstract

Under the background of the “dual carbon” strategy, enhancing the Green Total Factor Productivity (GTFP) of the manufacturing industry has become a core issue for achieving high-quality development in China. Based on the panel data of small and medium-sized manufacturing enterprises in China from 2009 to 2020, this paper systematically calculates the GTFP at the enterprise level by using the super-efficiency SBM model combined with unexpected output. Meanwhile, a multi-dimensional fintech development index including the search popularity of fintech, the number of patents and the distribution of enterprises is constructed, and an empirical regression analysis is conducted using the systematic GMM method. The results show that fintech has a significant positive promoting effect on GTFP of small and medium-sized enterprises, with a regression coefficient of 0.176 (p

Suggested Citation

  • Xiangcheng Wang, 2025. "Research on the Promotion of Green Total Factor Productivity of Small and Medium-sized Manufacturing Enterprises in China by Fintech," Advances in Economics, Business and Management Research, in: Abdelhak Senadjki & Chee Yoong Liew & Yahua Xu & Fong Peng Chew (ed.), Proceedings of the 2025 7th International Conference on Economic Management and Cultural Industry (ICEMCI 2025), pages 618-623, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-888-2_59
    DOI: 10.2991/978-94-6463-888-2_59
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