The Rural Financial Development Of Guangdong Province To Study The Influence Of Income For The Farmers

As one of the core issues of agriculture "farmers", the Chinese government has always attached great importance to solve the problem of farmers 'income is the key to an effective solution to farmers' problems. still account for a large As China's agricultural economy in different regions with strong closed, Zhou Li, Wang Ziming(2002) has said that the study of Chinese experience to a certain extent have been similar to the cross-country studies, coupled with China's industrial structure, urban-rural gap, different role of the financial sector and massive distribution bars local governments, leading to the farmers of the income differences bigger. Since the economic reform and opening up, output and growth are among the best in the country. However, economic development and urbanization in Guangdong Province, rural farmers has not been resolved, the Guangdong Provincial Statistical Yearbook Buyers can be found in recent years, Guangdong Province, an increase of farmers' per capita income is much lower than the per capita income of urban residents increased by, relatively slow growth of farmers' income, the income gap is widening. This situation is mainly caused by the slow growth of farmers 'income, while farmers' income growth factors, many of them more important factor is the development of rural finance. Development of rural areas can not do without the support of rural finance, rural finance is to promote rural economic development of the basic elements of the configuration is the key to promote rural economic development, increase farmers' income solution. Against this background, this paper based on the Guangdong provincial areas to study the effects of financial development in rural Guangdong province on the income of farmers, in order to enrich the study of theoretical aspects of Guangdong Province rural finance, rural finance to find the path to the coordinated development of farmers' income growth It is proposed in line with some of the opinions and suggestions of Guangdong Province, the current actual requirements.From the perspective of rural finance development of farmers' income, firstly to finance development, rural finance development, farmers' income and rural finance development's impact on farmers' income theory and literature made summarized and commented on the mechanism of action of both of the sort. On this basis, review the financial history of rural development in Guangdong Province, Guangdong Province Analysis on Development of rural finance, summarized two important characteristics Present Rural Finance Development in Guangdong Province:(1) the type of rural financial institutions but gradually diversified development is insufficient; service development(2) rural finance uneven urban-rural differences are significant. Currently, the province established a multi-level system of financial services for the rural community and rural economic development has not been fully met, in conjunction upon reading the literature in the field after research found that rural finance development of Guangdong Province, there are still structural imbalances in rural finance, financial service coverage to meet the low rate of serious capital outflows, agriculture-related financial services business in general and worrying less financial innovation and other issues. The paper establishes the index system of rural financial development and rural per capita net income target, using Guangdong 1999--2014 rural financial development and rural per capita net income of the Statistical Yearbook, through unit root test, cointegration test, impulse response function, variance decomposition of farmers' income empirical analysis, to explore the relationship between Guangdong Province and rural per capita net income of rural financial development, the development of efficient rural finance, the level of investment in rural areas. of Guangdong Province between farmers 'income growth there is a long-term equilibrium relationship between the level of the Guangdong Provincial Rural Financial Development and Income negative correlation between Rural Financial Development Efficiency for increasing farmers' income has a negative the role of rural fixed asset investment to promote farmers' income. Based on the above specifications and empirical analysis, the paper concludes with a deepening rural financial reform, promote policy recommendations Guangdong Province rural Finance development.