Abstract: Green development, aimed at increasing green total factor productivity (GTFP) is an essential pathway to reconciling the contradiction between economic development and environmental/resource constraints thereby facilitating high-quality economic development. Essentially, GTFP reflects a form of resource allocation efficiency that incorporates environmental factors. Shifts in local government’s attention to green development can lead to resource reallocation, which in turn affects GTFP. This paper employs textual analysis of local government work reports from 266 cities between 2011 and 2021 to explore the impact of local governments’ green development attention on local GTFP. The findings reveal that increased governmental focus on green development significantly improves GTFP, primarily by promoting green technological progress. Furthermore, the development of financial technology (fintech) positively moderates the relationship between green development and GTFP, enhancing the effectiveness of policy focus. The effect is more pronounced in large cities, resource-based cities, and those with higher levels of human capital accumulation. Overall, the government’s attention to green development not only promote environmental sustainability but also contributes to economic growth.

Key words: green development attention, green total factor productivity (GTFP), financial technology (fintech), green technological progress

摘要： 绿色发展以提升绿色全要素生产率（GTFP）为核心目标，是协调经济发展与资源环境矛盾、实现经济高质量发展的关键路径。作为涵盖环境资源要素的资源配置效率指标，GTFP受地方政府绿色发展政策导向的显著影响。基于2011~2021年中国266个城市的地方政府工作报告文本数据，采用文本分析方法实证检验了地方政府绿色发展关注度对GTFP的影响机制。研究发现：地方政府绿色发展关注度主要通过促进绿色技术进步提升地区GTFP：金融科技发展能够正向调节政府绿色发展关注度与地区GTFP的关系。异质性分析显示，在大城市、资源型城市及人力资本积累较高城市，政府绿色发展关注度对GTFP的推动作用更为突出。这一研究成果充分证实，地方政府绿色发展关注度是实现环境保护与经济增长协同发展的有效策略。

关键词: 绿色发展关注度, 绿色全要素生产率, 金融科技, 绿色技术进步