Research Of The Rural Financial Resources Allocation Efficiency Based On DEA Model

Rural economy is in the period of developing rapidly, but the rural financial resources allocation efficiency is low, the rural finance can hardly better promote rural economic development. The purpose of this study is that through empirical analysis of the rural financial resources allocation efficiency, find the factors that influence efficiency of rural financial resources allocation, and puts forward suggestions to promote the development of rural finance. This paper first studies the relevant theories about financial resources to puts forward the definition of the rural financial resources in this article. Then the paper analyzes the current allocation situation of the rural financial resources in China, including agricultural loans, finance support agriculture, financial institutions, financial products and financial system. Then establish efficiency evaluation index system in this paper, using the DEA model to carry on the empirical analysis of efficiency, then carry on static analysis and dynamic Malmquist index analysis of the efficiency results, finally using Tobit model to explore the influence factors of the rural financial resources allocation efficiency. The results show that overall the rural financial resources allocation efficiency is low in our country, the rural financial resources allocation efficiency reflects the size of the laws of diminishing returns,more attention should be payed to the increasement of the configuration mode, the rural financial resources allocation efficiency has decreased in 2012 from 2010, the backward development of the rural financial environment and institutional factors was the main factors that causes the reduce of rural financial resources allocation efficiency; The management level of rural financial institutions need to improve and be more focus on the support of the rural economy. At the end of the paper, put forward suggestions to improve the rural financial development from five aspects on the basis of research above.