Study On The Efficiency Of Financial Supporting Agriculture And Its Influence Factors In China

With China’s economy into the new normal state,agricultural development is also facing new challenges,how to increase the farmers,income,to narrow the urban-rural income gap,to improve the urban and rural dual economic structure,to accelerate the pace of comprehensive in such a economic situation;How to tap the potential of agricultural development under the background of resource and environment constraints,to change the mode of agricultural development,to speed up the process of agricultural modernization,and to promote the structural reform of agricultural supply side must be solved at this stage.And these problems in the final analysis is the "three rural" problem.Financial as a tool of modern market economy,has become the most important way to crack the "three rural" problem.But the practice shows that the financial support agriculture policy in the implementation process of many problems,the implementation is not in place,the effect is not obvious,the role is not prominent.So,is the allocation of financial resources in all regions effective? Are there differences between regions?What factors affect the efficiency of financial support for agriculture? These questions are worth thinking about.Based on the background of Coelli(1998)’s "two-stage method",we first use the data-envelope analysis(DEA)model based on output-oriented scale-reward variable model,The static and dynamic efficiency of the financial support agriculture are measured,and then the empirical research on the influencing factors of financial support agriculture is carried out.The basic research ideas are as follows: The first chapter elaborates the background and significance of the research,summarizes the research progress of literature research at home and abroad,clarifies the research ideas and research contents of this paper;the second chapter first carries on the concept of financial support agriculture and financial support efficiency And then analyzes themechanism of financial input and output efficiency,and sums up the common performance evaluation methods.The third chapter analyzes the history and current situation of financial support agriculture.This chapter focuses on the real environment,the current situation investigation and the regional difference of the financial support agriculture.The fourth chapter is to measure the efficiency of financial support in China,and use the data envelopment analysis method to analyze the static and dynamic Efficiency is evaluated,and the difference between provincial and regional is analyzed.The fifth chapter is the empirical test on the influencing factors of the efficiency of financial support.Chapter 6 summarizes the conclusion of this paper,based on the theoretical basis and empirical results China ’s financial support for agriculture to improve the efficiency of the strategy.According to the combination of theory and practice,normative analysis and empirical analysis of the combination of research paradigm,this paper finally draws the following main conclusions:(1)With the continuous introduction of agricultural policy,agriculture-related loans are gradually increasing.However,the support function of large commercial banks is weakening,and the banks of rural credit cooperatives and rural cooperative banks have gradually emerged in the rural financial market,and the competition mechanism of rural financial market is lacking.At the same time,the outflow of agricultural credit funds leads to the shortage of credit demand in rural areas.(2)The overall performance of financial support in China is not good,the financial capital investment has not reached the optimal scale,and the technical efficiency is low in most areas The phenomenon.The average efficiency of financial support for agriculture in 2014 is 0.758,the mean value of pure technical efficiency is 0.846,and the scale efficiency is 0.885.It can be seen that the comprehensive efficiency,pure technical efficiency and scale efficiency of China’s financial support agriculture have a certain distance from the frontier of production,and there is still a lot of improvement and improvement of space.(3)The efficiency of financial support in China is not balanced.The efficiency of financial support for agriculture is higher in the eastern region than in the western region,and the western region is higher than that of the central region.The pure technical efficiency is higher in the eastern region than in the central region.The difference in scale efficiency is higher in the western region than in the eastern region and the eastern region In the central region.In general,the efficiency of the central and western regions is lower thanthat of the eastern region,indicating that there are double problems in the financial support of the central and western regions.(4)From 2005 to 2014,The improvement of the performance of agriculture is not obvious,and the improvement of efficiency is basically showing the trend of decreasing the east,middle and west.The efficiency index of the eastern region and the western region all decreased,and the change of the efficiency of the other indexes was not obvious in the east.The total efficiency of the eastern region was improved by 7.8%.(5)China’s financial support for agriculture is affected by the depth of rural financial development,the efficiency of rural financial market transactions,the level of regional economic development,urban and rural dual economic structure,local financial support and other factors.The depth of rural financial development,the efficiency of rural financial market transactions,the income gap between urban and rural areas play a negative role in the efficiency of financial support,and the level of regional economic development and the level of financial support to agriculture Significant role in promoting.Based on the above conclusions,this paper puts forward the following countermeasures and suggestions:(1)to increase financial and financial support,on the one hand through the policy guide and encourage rural financial institutions to increase investment in agriculture-related credit,and strengthen the coordinated development of financial support for agriculture.On the other hand,it is necessary to speed up the construction of an effective financial management system and capital operation system,to improve the efficiency of financial support in various ways(2)to reform the urban-rural dual structure,to promote the integration of urban and rural areas to develop rural economy,(3)to improve the rural financial market system,to speed up the construction of a moderately competitive rural financial system for the financial support agriculture to provide a good rural financial market atmosphere(3)to improve the financial system,(4)to enhance the level of rural human capital,to promote rural continuing education,focusing on improving the quality of agricultural labor force,agricultural science and technology and management knowledge into the inherent quality of agricultural labor for the financial support agriculture to provide good manpower stand by,(5)speeding up the financial institutions to support agricultural products and services innovation,financial institutions need to combine the characteristics of rural financial services needs,and actively innovative "tailored" type of products and services,through the supply side of structural reform for ruraldiversified financial products and services.