Table 1_How can green finance promote the synergistic development of agricultural ecological environment and productivity?.xlsx

IntroductionBy maintaining soil health and optimizing water resources management, agricultural ecological total factor productivity (AETFP) builds a basic defense line of safe food supply and environmental balance, effectively reduce the spread of chemical pollution and improve the quality of nutrition supply, thus providing a strategic fulcrum for the management of public health sources.
MethodsBased on the provincial panel data of China from 2012 to 2022, AETFP was estimated using EBM-GML model by incorporating the agricultural ecological value into the desirable output, and the influence mechanism of green finance on the AETFP was discussed by using fixed effect model and spatial econometric model.
ResultsThe AETFP in all regions of China was steadily improving, especially in the eastern region. Green finance not only promotes the improvement of AETFP in local and surrounding areas, but also improves AETFP by improving agricultural industrial agglomeration. Heterogeneity analysis shows that the promotion effect of green finance is particularly obvious in eastern regions, major grain-producing regions and regions with high digital infrastructure.
DiscussionThis study provides empirical support for the paradigm transformation of agroecosystem governance from end-treatment to source prevention and control.

一、引言
通过维持土壤健康、优化水资源管理，农业生态全要素生产率（Agricultural Ecological Total Factor Productivity，AETFP）筑牢粮食安全供给与环境平衡的基本防线，有效遏制化学污染扩散，提升营养供给质量，进而为公共健康源头治理提供战略支点。
二、研究方法
本研究基于2012-2022年中国省级面板数据，将农业生态价值纳入期望产出，采用EBM-GML模型测算AETFP，并通过固定效应模型与空间计量模型探究绿色金融对AETFP的影响机制。
三、研究结果
中国各地区AETFP均呈稳步提升态势，东部地区尤为显著。绿色金融不仅能够推动本地及周边地区AETFP的提升，还可通过促进农业产业集聚改善AETFP水平。异质性分析结果表明，绿色金融的促进效应在东部地区、粮食主产区以及数字基础设施完善的地区尤为突出。
四、讨论
本研究为农业生态系统治理从末端治理向源头防控的范式转型提供了经验支撑。