西南林业大学学报2026，Vol.10Issue(6)：1-8,8.
数字金融对制造业企业绿色创新效率的影响研究
Research on the Improvement of Green Innovation Efficiency in Manufacturing Enterprises by Digital Finance
摘要
Abstract
As the core of the real economy,the manufacturing sector's green innovation efficiency is crucial for achieving the'dual carbon'goals and high-quality development.Focusing on manufacturing listed companies in the Shanghai and Shenzhen A-share markets from 2013 to 2023,this study integrates the Digital Inclusive Finance Index released by Peking University with firm-level data,uses the super-efficiency SBM method to quantify green in-novation efficiency,and employs a fixed effects model to explore the impact and mechanisms of digital finance.The results show that the development of digital finance significantly improves the green innovation efficiency of manufac-turing enterprises,with alleviating financing constraints and promoting digital transformation being its core transmis-sion paths.The enhancement effect is more pronounced in large enterprises,technology-intensive enterprises,and en-terprises in the eastern region.From the perspective of green innovation efficiency,this study reveals the intrinsic mechanism by which digital finance supports the operation of the real economy,providing a basis for improving green innovation efficiency in manufacturing enterprises,and optimizing China's digital finance policy design.关键词
数字金融/制造业/企业/绿色创新/融资约束Key words
digital finance/manufacturing industry/enterprise/green innovation/financing constraint分类
管理科学引用本文复制引用
马子红,谢津雨,毛锦竣..数字金融对制造业企业绿色创新效率的影响研究[J].西南林业大学学报,2026,10(6):1-8,8.基金项目
云南省哲学社会科学规划重点项目"数字金融赋能云南省制造业企业创新的机制与路径研究"(YB2025007)、云南省教学能力提升项目"宏观经济学"(W8242702001)、云南省教育厅本科教改项目"新文科背景下云南省高校经济类本科复合型人才培养模式创新探究"(JG2024013)、云南省"兴滇英才支持计划"教学名师项目(C6212701019)资助. （YB2025007）
