关键词: 农村普惠金融, 人力资本, 农业绿色全要素生产率, 调节效应, 空间杜宾模型

Abstract: Improving green total factor productivity in agriculture is the way to achieve highquality agricultural development, and it is also the title of implementing the concept of green development and promoting the transformation of agricultural modernization. On the basis of measuring the development level of rural inclusive finance and agricultural green total factor productivity, the effects of rural inclusive finance and human capital on agricultural green total factor productivity were tested empirically using the spatial Dobbin model and the moderating effect model. It is found that the rural inclusive finance can significantly improve agricultural green total factor productivity in this region and neighboring regions; human capital accumulation is beneficial to improve agricultural green total factor productivity in neighboring regions, but has no significant effect on the improvement of agricultural green total factor productivity in this region; the higher the level of human capital, the more obvious the effect of rural inclusive finance on agricultural green total factor productivity, and has a spatial spillover effect. Further study finds that the development of rural inclusive finance mainly promotes the improvement of agricultural green total factor productivity in the region by increasing farmers acceptance of financial services. Among the spatial spillover effects of rural inclusive finance on agricultural green total factor productivity, increasing the density of financial coverage, improving the use of financial services and improving the efficiency of financial services are all beneficial to agricultural green total factor productivity enhancement in neighboring regions, and the promotion effects are weakened in turn. Therefore, the indepth development of rural inclusive finance, with human capital as the carrier, focusing on cultivating financial servicesoriented talents and building a synergistic development mechanism between rural inclusive finance and human capital is the preferred path to realize the overall improvement of agricultural green total factor productivity.

Key words: rural inclusive finance, human capital, agricultural green total factor productivity, regulatory effect, spatial Dobbin model