| In order to achieve accurate poverty alleviation,promote rural economic development,and accelerate China's economic restructuring,the development of the rural financial market and the improvement of the system are crucial.With the relaxation of rural financial market access in 2008,the government encouraged new and small financial institutions to take root in rural areas,providing a good environmental foundation and policy support for financial development in rural areas.At present,in China's rural financial markets,the old pattern of "one dominant " of rural credit cooperatives has been broken.The types of agriculture-related institutions are diverse,and the increase in the amount of loans involving agriculture has increased the serviceability and availability of rural finance.Whether the intensification of competition in China's rural financial markets has brought about an increase in the supply of credit and whether the level of competition in rural financial markets in 31 provinces and cities across the country has been improved.This paper selects rural financial markets in 31 provinces and cities across the country from 2009 to 2016 as the research object.Through theoretical and empirical methods,this paper focuses on the analysis of the impact of China's rural financial market competition on the efficiency of rural credit supply and the development of the rural financial system.And improve and provide feasibility advice.This article is divided into five chapters:Chapter 1 introduces the research background and significance,research ideas and methods,innovations and insufficiency of this article in detail.Chapter 2 reviews the related theory of rural financial market and credit supply efficiency.Based on the Hotelling model,it is analyzed that the rural financial market competition has a positive effect on rural credit supply efficiency;Chapter 3 provides a summary statistical analysis of the current situation of China's current rural financial market development and credit supply;Chapter 4 uses Herfindahl index and Data Envelopment Analysis(DEA)to measure the efficiency of China's rural financial market competition and credit supply,and empirically analyzes the impact of China's rural financial market competition on credit supply efficiency and obtains rural financial market competition.There is a nonlinear effect on credit supply efficiency.When the rural financial market is highly monopolistic,a slight increase in competitiveness cannot bring about an increase in the efficiency of credit supply.On the contrary,due to market fluctuations,credit supply efficiency decreases.Only when the rural financial market has formed an effective competitive landscape,the increase in rural financial market competition can bring about an increase in the efficiency of credit supply;In Chapter 5,based on the empirical analysis results,it is proposed that the rural financial system should be improved in conjunction with actual conditions to optimize the external financial market.The environment promotes effective competition in the rural financial market. |
