| Digital finance plays an essential role in alleviating the issue of agricultural carbon emissions.Low-carbon development of agriculture is a key element in the construction of beautiful countryside and an important part of the "carbon neutral" strategy.The question of agricultural carbon emissions is linked to the flourishing of rural industries and the placement of ecological construction.As a strong engine to promote sustainable development of agriculture,finance is constrained by the weakness of agriculture and the tendency of finance to profit,which makes it difficult for financial resources to converge on the field of agricultural carbon emission.Driven by digital and technology in both directions,digital finance breaks the information barrier,balances capital allocation,innovates customized financial products for ecological low-carbon agricultural development,provides accurate and effective capital services.This research paper analyzes the effects of digital finance on agricultural carbon emissions by combining theoretical analysis and empirical testing.In the theoretical aspect,the current research status of "digital finance" and "agricultural carbon emission" is clarified through literature review,and the impact effect of digital finance on agricultural carbon emission is discussed in detail and the research hypothesis is proposed.In terms of empirical demonstration,using 30 provinces(except Tibet)from2011 to 2020 as a sample to investigate the effects of digital finance on agricultural carbon emissions by applying fixed-effects,mediating-effects and threshold-effects models.Firstly,the fixed-effects model is applied to investigate whether digital finance significantly affects agricultural carbon emissions.Secondly,using the mediating effect model,I investigate whether digital finance can influence agricultural carbon emissions through agricultural technology inputs.Thirdly,the threshold effect model is applied to investigate whether the effect of digital finance on agricultural carbon emissions is limited by the level of agricultural economic development.Finally,it is further discussed whether there is variability in the effect of digital finance on agricultural carbon emissions at different dimensional structure and regional board.On this basis,the following conclusions are drawn: Firstly,digital finance has a remarkable inhibitory effect on agricultural carbon emission intensities,and control variables such as rural education level,land scale level and infrastructure level are negatively associated with agricultural carbon emission intensities.Secondly,the level of agricultural science and technology input produces a partially mediating effect in the role of digital finance on the intensity of agricultural carbon emissions.Thirdly,the level of agricultural economic development has a double threshold effect on the effect of digital finance on agricultural carbon emission intensity,and the effect of digital finance on the agricultural carbon emission becomes more and more obvious as the level of agricultural economic development moves past the threshold at higher levels.Fourthly,the influence effect of digital finance on agricultural carbon emission intensity is structurally and regionally heterogeneous;at the three structural levels,the influence effect of depth of use is the greatest,and breadth of coverage and degree of digitization are following;at the four regional segments,the influence effect is the greatest in the western region,followed by the eastern coastal and central regions,while the three northeastern provinces do not have significant influence effects.Accordingly,I propose countermeasures such as giving full play to the advantages of digital finance,strengthening investment in agricultural science and technology research and development,promoting green development of agricultural economy,formulating regional planning for low-carbon agriculture,improving the quality of comprehensive education in rural areas and accelerating the construction of new infrastructure. |
