Research On Rural Financial Service Efficiency On Agriculture Based On DEA-TOBIT Model

Agriculture is a very important part of national economy.Whether agriculture is flourishing or not are directly related to the stability of a country.The rise and fall of agriculture is directly related to the development of the socialist market economy and the stability of the country.Rural financial organizations play an invaluable role in the development of agriculture.Rural credit cooperatives serve as rural finance supporter.The Rural financial institutions have rooted in the vast rural areas,and uses itsa large number of institutions,broad scope,and deep roots to serve the rural areas.Its business volume has consistently topped the list of financial institutions in rural areas.In recent years,with the development of online finance and the comprehensive development of rural banks and city commercial banks,rural credit cooperatives have gradually become weak.At the same time,the gap between the rural financial level and the urban financial level is obvious.The financial deepening reform has not been implemented.The fundamental reason is that the rural financial infrastructure is backward,and the financial deepening reform is too costly.With the rapid development of financial technology,how to adapt to the new situation and the new financial environment,rural credit cooperatives can use its own advantages,continuously break through the bottleneck,carry out financial product and service innovation,and obtain the stable and rapid development in the future,that will be the focus of future work of the rural credit cooperatives.Leshan City Rural Credit Co.,Ltd.closely follows the themes of Leshan “Industrial Development Year” and“Infrastructure Construction Year” to enhance the ability to serve the development of the real economy,and promote financial innovation and service with the sense of responsibility and mission of inclusive finance.The "three dimensional rural issues." goal is to promote the development of small and medium-sized companies,promote rapid economic development in counties and cities,actively participate in social public welfare,and provide stable financial support for Leshan's social and economic progress.They made some efforts on agriculture-related loans,credit guarantees,and systems development,and the net increase in loans was 3.063 billion yuan,it is increase of 11.2% compare to last year,and the balance reached 304.15 billion yuan,ranked first among the city's rural financial institutions,and strongly supported the development of economy and people's livelihood.Therefore,studying the rural financial services efficiency of Leshan City Rural Credit Cooperatives has important practical significance for advancing agricultural development and increasing farmers' income.It also provides a realistic basis for the sustainable development of rural credit cooperatives.This article have studied the retrospective literature in the experts of the rural credit cooperatives financial service to promote agricultural development analysis process,combined withthe situation of Leshan City and rural credit cooperatives actual situation,empirical analysis Leshan City Rural Credit Cooperative financial service to promote the effectiveness of agricultural development and its impact factors.Among them,the first three parts are theoretical research,and the last threepart are empirical research parts.Through the field research of the joint-subsidiary or branches of each region in Leshan City,combined with the econometric model,we empirically analyze the factors affecting financial support for agriculture.Looking specifically at the theoretical research section of the paper's structure,the first one is about the introduction.This section is mainly explain the research value of the paper and define the related definitions covered by the paper under this premise.The followingpart is the research theory.By summarizing the rural financial market demand theory and agricultural credit subsidy doctrines,formed a sufficient theoretical preparation process to complete empirical research on articles.These doctrines are all used to support empirical research.In the end,is the specific of Leshan City's agricultural development and Rural Credit Cooperatives,the specific measures and basic status analysis of rural financial services made by the various associations or branches in Leshan City in recent years were introduced and explained.There also have many hidden defects,which provide a realistic background for the subsequent empirical analysis.Then there is the content of empirical research.First of all,the rural financial service efficiency of rural credit cooperatives in Leshan City is studied.The DEA method was used to analyze the production efficiency,technical efficiency,and scale efficiency of rural credit cooperatives,and associates in 77 different regions within Leshan City.At the same time,detailed inspections and comparative studies were conducted.Then discuss the influencing factors of rural financial service efficiency of Rural Credit Cooperatives in Leshan City.On the basis of the previous part of efficiency measurement,the hypothesis was put forward based on the actual reflection of the investigation,and the influencing factors were examined from the internal and external perspectives.The internal influence factors included the size of the agricultural loan,the restructuring situation,the sustainable operation capacity,and the external factors from the agricultural economy.Consider the level and establish a Tobit regression model to understand the main factors affecting the efficiency of its rural financial services.Based on the premise of the above theoretical and empirical research findings,the relevant conclusions are summed up,and the actual characteristics of the Leshan City Rural Credit Cooperative are linked to propose policy inspirations that are in line with the actual situation.Through this study,it is found that:(1)The comprehensive financial service efficiency of rural financial for agriculture in Leshan City is not good,and the efficiency of rural service in rural credit cooperatives varies from region to region.At the same time,the scale of investment in rural financial resources is incompatible with the needs of rural economic development.(2)The efficiency of rural financial services is generally affected by the amount of loans for rural households,restructured into rural commercial banks,return on assets,and the sown area of economic crops,but theown area ofgrain crops,which is not significantly affected by efficiency of rural service.