The Rural Financial Development On Rural Economic Growth Is Not Root Cause Analysis

By 2015, the state council has 12 consecutive years through the work to guide a document on rural finance. 2015 five cut down must at the same time, the rural financial institutions to give more preferential policy support, further reduce the operating costs of rural financial institutions. In order to make the rural financial institutions to support rural economic development, the state of rural financial market, and reduce the threshold of rural financial institutions to enter, but rural economic growth doesn't make a big difference. On this phenomenon, the author put forward the rural financial development and rural economic growth is not the topic, and surrounding rural financial development and rural economic growth is not root cause analysis.Some scholars believe that the rural financial deepening degree and the country's macro economic policy is one of the important variables influence rural economic growth, rural financial development can promote the rural economic growth. In this paper, the rural financial development, rural financial loan status quo, analysis of rural financial legal person number, number of practitioners, the use of the rural financial development, rural financial related rate and rural GDP data empirical analysis proves that the rural financial development and economic growth in rural areas are not related. For the rural financial development and rural economic growth is not related on the one hand, because of rural financial institutions as a self-financing economic entities, to act in accordance with the principle of profit maximization, want to consider investment returns and risk difference between urban and rural areas; On the other hand is because under the profit maximization principle() benefit and risk, the rural financial interest rate regulation and credit rationing and the legal deposit reserve system regulating function of rural financial institutions such as much more subdued.In this paper, on the basis of predecessors' were analyzed, and the possible innovation place has the following points: first, the rural financial development and rural economy, rural finance related rate two-way relationship between growth Pearson inspection, get the rural financial development and rural economic growth is not appropriate conclusions. Second, analyzed from the aspects of economy, the rural financial development and rural economic growth is not related to the reason is that financial institutions in the profit maximization principle, as well as the principle of the rural, urban investment returns and risks. Finally, analyzed from the aspects of system of rural financial development and rural economic growth is not related to the reason is that financial institutions with profit maximization as the goal, if interest rates control regulation doesn't work for financial institutions, credit rationing diversification will make the financial institutions and legal reserve requirements for financial institutions to provide a risk-free return path.