Research On The Relationship Between Capital Investment And Agricultural Mechanization

In the development of agricultural mechanization process, capital investment plays an important role. In this paper, we based on foreign and domestic capital investment in the development of agricultural mechanization, with funding condition of Agricultural Mechanization in recent ten years in the development process as the research object, analysis the mathematical relationship of impact on agricultural development investment and integrated mechanization level, the regression linear relationship, Grey correlation degree, regional variation characteristic and input-output efficiency, and puts forward the measures of the suggestion of building agricultural mechanization diversification investment system, find new impetus to the rapid development of agricultural mechanization, so as to promote the sustained and rapid development of Agricultural Mechanization in Zhejiang province. It has important practical significance for Zhejiang to transform agricultural mechanization investment methods and would help choosing a reasonable capital investment portfolio to achieve coordinated and sustainable mechanization development.This paper uses the methods of literature analysis, qualitative and quantitative analysis method, comparative method, the linear equation of regression analysis method, a comprehensive analysis of the related theory of gray correlation method and the data envelopment analysis method, the main contents are as follows:1. First, calculate Zhejiang province farming integrated mechanization level during2004～2013, and analyze the linear regression relationship between the mechanization value and farming integrated mechanization level, establish a linear regression equation, and test the regression significance, estimate the least average investment for the goal of the mechanization level til2020. Using the grey correlation degree method to Study investment components and integrated mechanization level of Agricultural Mechanization in Zhejiang province. According to the correlation rank, the relevant departments should guide the high correlation of the local financial input and fanners’ personal investment to sustainly invest in agricultural mechanization, in order to promote Zhejiang Province’s agricultural mechanization capital investment efficiency, and to obtain a more faster and more stable development of agricultural mechanization.2. Analyse the fastest and slowest growth of the investment of Agricultural Mechanization in recent ten years, and calculate the growth rate. The calculation of the input components of capital contribution to the development of agricultural mechanization degree, and compared it with the GDP growth, find out some huge potential components. Study on eight years (from2006to2013) agricultural mechanization investment contribution of the eleven regions of Zhejiang province, investment intensity and the area investment fluctuation index shows that the financial investment and farmer individual investment are the premise to improve the integrated mechanization level, so the correct technical strategy is one of the key comprehensive mechanization level of development speed, the agricultural mechanization input distribution of eleven regions of Zhejiang province equalize in general, although agricultural capital input of each component is not balanced, but the gap is narrowed further.3. Agricultural capital input and output is a diversified forms of complex process. This paper uses Data Envelopment Analysis (DEA) method, choosing BCC model, with the funds input and output of2010～201211region of Zhejiang province in three years as the object, meanwhile using the input oriented and output oriented ways to calculate the efficiency, and obtain productivity changes of each area, that is, technical efficiency, scale efficiency and pure technical efficiency. The results showed that7areas in33units of Zhejiang province were not DEA effective. Redundancy and projection analysis of Jinhua city in2012indicated that it should adjust the agricultural scale, pay attention to rational allocation of resources, and improve production efficiency.4. Agricultural capital investment is showing the main structure changes of the diversification of investment in ten years since2004, from farmers’ single structure to the three components’ structure, that is, farmers, central and local investment. Gradually it will form a market guiding, government supporting and the farmers investing situation. According to the results of the analysis in previous discussion, with the existing deficiency of present agricultural mechanization investment, we put forward the main ways and possible measurements of the construction of the agricultural mechanization investment’s diversification, and finally achieve the new agricultural mechanization as guided by financial fund, farmers’ investment as the main body, and the industry and Commercial Capital and other social capital investments participating in diversity.