Research On The Allocation Efficiency Of Rural Financial Resources In Anhui Province

Rural finance has always been the focus of our country’s rural economy,playing an irreplaceable function in dealing with rural,peasant and agricultural issues.In recent years,the state has gradually strengthened the deepening reform of rural finance,such as increasing financial capital investment in rural areas and increasing the number of business outlets of financial institutions in rural areas,but the results have not reached expectations.This shows that we should not just pursue quantity blindly,but should focus on improving quality,that is,how to make the most of rural financial resources under the existing condition.Therefore,the allocation efficiency of rural financial resources becomes the focus of our research.This paper mainly focuses on the research on the allocation efficiency of rural financial resources in Anhui Province,and promotes the development of rural finance in Anhui Province by summarizing the literature and learning from the experience of developed regions.On the basis of relevant theories,this paper analyzes the current situation of rural financial resources in Anhui Province from the perspective of the three main allocation bodies of financial institutions,government and insurance institutions.And then based on the statistical data from 2011 to 2019,the BCC model and the Malmquist index decomposition model in the DEA method are used to evaluate and analyze the allocation efficiency of rural financial resources in Anhui Province statically and dynamically.It is found that the existing rural financial resources have not been effectively allocated and utilized,and its input scale and investment direction need further adjustment and optimization.Finally,the DEA-Tobit model is used to analyze the factors that affect the efficiency of rural financial allocation in Anhui Province.The results show that the fiscal expenditures for agriculture and the scale of agricultural insurance have a negative impact on the allocation efficiency of rural financial resources.The development scale of rural financial institutions and the modernization of agricultural economy can improve the allocation efficiency of rural financial resources.These results provide directions for how to improve the allocation efficiency of rural financial resources in Anhui Province and are also of great significance to the development of rural finance in my country.