Research On The Influence Of Producer Services Trade On Carbon Productivity

In recent years,the number of small and medium-sized enterprises has continued to grow,becoming a pivotal force in the Chinese economy.However,the financing dilemma of SMEs has not been completely solved,which hinders the further development of SMEs.The industry association's joint guarantee credit model can rely on information production advantages to alleviate information asymmetry.Industry associations have a high degree of credibility in the industry,which allows banks to accept the information they provide,reduce transaction costs,and make financing easier.Therefore,an in-depth study of the industry association model from the perspective of joint insurance credit is of great significance for SME financing.This paper attempts to explore how the joint guarantee credit model of industry associations can enhance the financing of SMEs,and analyze the effects of different promotion approaches through theory and case studies.Firstly,based on information asymmetry,transaction cost and incentive repayment,the paper analyzes the influence mechanism of industry associations on SME financing from the perspective of joint guarantee credit.This paper proposes that industry associations' joint guarantee credit can promote the financing of SMEs by reducing adverse selection and moral hazard,reducing transaction costs such as search and negotiation,and promoting repayment through horizontal supervision and social rewards and punishments.Secondly,using the case analysis method,the paper analyzes the role of the joint insurance credit model of the Shishi City Fabric Association to the financing of SMEs.Through the development of the joint insurance credit of Shishi City Industry Association,it is confirmed that this model will greatly help to alleviate the financing difficulties of SMEs.At present,the industry association's joint guarantee credit model has a good effect in the development of Shishi City.However,with the deepening of development,it has also generated the issue of repayment integrity.Finally,based on the status quo of industry associations' joint guarantee credit development and the problems that may occur now and in the future,put forward their own countermeasures and suggestions.