The Dual Structure Of The Western Urban And Rural Finance Transformation Between The Dual Economy

The western region has significant urban-rural dual structure of financial and economic structure, facing the challenge on digestion of economic dual structure, and balancing urban-rural economic and financial development. Based on this, this paper explains the relationship between dual nature of the financial and economic, on the basis of theory of financial development and duality economic change, from the macro and micro perspective, Then, we measured the urban-rural finance and the economy duality using the western calendar year economic and financial data. We found that urban-rural finance in the western were significantly different on financial assets, financial markets, financial deepening and financial services; and Rural Economy dual duality is mainly embodied in the duality of output, income and consumption, and other aspects. Then, we use the panel data model to do empirical test and explain the empirical results. The results show that there is reciprocal causation between the duality of the western urban-rural finance, and economic duality, the duality of financial aggravated economic duality. Increasing the dual nature of the financial economic duality is the deep reason behind the government's mandatory major changes in the rural financial system, resulting in rural financial foreign born in the rural economy, rural finance and economic relations of balance. Finally, we give some financial measures about the urban-rural financial development, and the promotion of dual economic transformation, such as specifically including foster systems thinking, urban and rural finance development; improve rural financial system, increase financial support for agriculture; nurture rural financial markets, expand rural financing channels and so on.