Font Size: a A A

Study On The Efficiency Of Rural Financial Support In Sichuan Under The Background Of Structural Reform Of Agricultural Supply Side

Posted on:2020-04-28Degree:MasterType:Thesis
Country:ChinaCandidate:L L PengFull Text:PDF
GTID:2439330590988120Subject:Rural finance
Abstract/Summary:PDF Full Text Request
Sichuan is a major agricultural province in China.The development of agriculture has a direct impact on economic development.Despite the rapid growth of rural economy in Sichuan,the problems of agriculture,countryside and farmers are serious,and the gap between urban and rural development is large.In 2019,Document No.1 of the Central Committee proposed to promote structural reform of agricultural supply side.In this regard,Sichuan has increased financial support for agriculture.The structural reform of agricultural supply side includes the optimal allocation of land,capital,technology,finance and system.Finance is one of the elements.However,the effect of rural financial support to agriculture,rural areas and farmers in Sichuan Province is poor.Therefore,it is necessary to study and compare the efficiency of financial support before and after the structural reform of agricultural supply side.It can not only provide corresponding support for rural financial reform and system innovation in Sichuan,but also have important theoretical significance in improving rural financial system and resource allocation of rural financial institutions.It can also provide reference for the government's policy guidance and the practice of financial institutions supporting agriculture.Firstly,this paper analyses the development of "agriculture,countryside and farmers" and the current situation of financial support in Sichuan Province.Then it studies the allocation efficiency of capital input and the economic transformation efficiency of output formed by the main body of rural financial support investing financial resources in agriculture,rural areas and farmers.The research method is to use correlation analysis to determine whether there is causal relationship between variables.Then DEA-Malmquist model is used to measure the static and dynamic efficiency of input and output.Finally,the panel Tobit regression model is used to analyze the factors affecting the efficiency of rural financial support,and VIF is used to test the validity of the model results.In this paper,the research conclusion is as follows:(1)The efficiency of rural financial support in Sichuan Province is at a high level,but it does not reach the optimal production frontier.It shows the state of high in Northwest and low in southeast,and "convex" change in time trend.After the structural reform of the agricultural supply side,it changed from rising to falling.(2)The scale efficiency of most regions is generally low,and the cities in the state of diminishing returns are increasing year by year.Rural finance,relying on traditional investment methods,can not effectively and continuously support the further transformation and upgrading of agriculture,countryside and farmers and improve efficiency.(3)In terms of influencing factors,the transaction efficiency of financial market has a negative effect on the efficiency of rural financial support,and the level of economic development is positively correlated with the level of rural residents' consumption.However,the level of financial support for agriculture and the urban and rural economic structure are negatively correlated with rural financial support efficiency.Therefore,this paper puts forward the following countermeasures and suggestions:(1)From the government's point of view: Firstly,to promote moderate scale management and improve the scale efficiency of agricultural production in Sichuan Province;Second,we should adopt different policies according to the different financial support status of the five economic zones.Third,financial institutions should check and supervise the implementation of preferential policies to support agriculture and ensure that the funds for supporting agriculture are used in the field of agriculture,countryside and farmers.(2)From the perspective of financial institutions: Firstly,actively respond to government policies and put more funds into underdeveloped areas.The second is to provide personalized services through financial innovation and implement differentiated management strategies.The third is to carry out internal reform of financial institutions and improve the level of financial services.
Keywords/Search Tags:Agricultural Supply Side Structural Reform, Rural Financial Support, Support Efficiency, Influencing Factors
PDF Full Text Request
Related items