Studies On The Problems Of Supporting Agriculture By Finance In Hubei Province

Hubei Province is situated at the middle reaches of Yangtze River. It is an agricultural province and national marketable grain base, as well as the important area of producing cotton, oil and meat. The agriculture and rural economic development of Hubei has made considerable progress over times, but according to " developing production, ample life, civil custom, neat accommodation, democratic management" 20 characters policies of the new socialism rural reconstruction, as well as the request of "middle rising" strategy, the agriculture is the weakest link in Hubei, the countryside has the biggest disparity, and the income of peasants is lowest. It is still a extremely stern and headachy question how to adjust agrarian structure in Hubei, how to synergize the agriculture, how to increase income of peasants. The agriculture is a weak industry which has high social efficiency but low comparative benefit, that is to say, it has the exterior nature to the entire society, but is often in a disadvantageous position in the industrial competition. Therefore the government has to support and protect the agriculture, and the government fiscal agricultural investment is important measure. This is also impersonal request that agricultural tax is canceled, the agriculture strides in the historic stage of new socialism rural reconstruction after joining WTO. Therefore, it is stringent to explore and study government supporting agriculture by finance, display investment function of government fiscal to agriculture effectively and impel agricultural development in Hubei Province.On the basis of combing the present research results, this article defines the connotation of supporting agriculture by finance and elaborates on the relevant theory. The author appraises the evolution of supporting agriculture by finance system of Hubei comprehensively from the qualitative angle. The author also tries mathematic models to analyze the historical changes and current situation, scale and benefit of supporting agriculture by finance in Hubei Province from the quantitive angle, analyzes the existing problems, finds out the preference sequence of supporting agriculture by finance in Hubei, and forecasts fund the demand of fiscal fund for assisting agriculture in Hubei Province in the next few years. In addition, this article makes an inspection and analysis of government behavior which is the main body of agriculture supporting in finance, and determines the boundary of the investment function of government in agricultural sector and supporting agriculture by finance. And then this article compares and benefits from the experience of the agricultural fiscal policy and supporting agriculture by finance abroad; inspects the rules related to supporting agriculture by finance under WTO "Agricultural Agreement", and analyzes the space of government investment and agricultural subsidy in Hubei Province under the framework. Finally according to the former researches, the author proposes some concrete measures to strengthen supporting agriculture by finance in Hubei with the hope of improving the supporting agriculture by finance policy in Hubei.The dissertation comprises of eight chapters. Chapter one is an introduction which clarifies the background, purpose, significance, main content and framework of this paper, and points out the technical route and crucial questions which would be solved, and gives some crucial concepts. Chapter two, basic theory of agriculture supporting by finance. The author elaborates the relationship between agricultural investment and the agricultural development as well as the entire national economic development, discusses the theoretical basis of government public investment fund involving into the agricultural investment, which lays the groundwork for the following research. Chapter three, historic change and current situation exploration of supporting agriculture by finance in Hubei. It analyzes and appraises the evolution of supporting agriculture by finance management system in the history of our country, analyzes the performance of supporting agriculture by finance in general in Hubei over the years emphatically, and analyzes its periodic fluctuation and structure thoroughly, and hopes to discover problems, malpractice as well as origin which possibly exists. Chapter four, economic benefit evaluation and forecast of supporting agriculture by finance in Hubei Province. It is the core part. First the author establishes the error correction model (ECM) using the modern economics two-factor co-integration theory and Granger Causality Test, discusses the long-term balanced relationship and the causal relationship between supporting agriculture by finance and agricultural economic growth in Hubei thoroughly, and then appraises the efficiency of the utilization of fiscal fund for assisting agriculture in Hubei by using the classical Cobb-Douglas production function, finally forecasts the demand of fiscal fund for assisting agriculture in Hubei in future years by using the Logistic building-up curve and three-value law. Chapter five, an inspection and analysis of the main body' s behavior of supporting agriculture by finance. This paper analyzes the investment function of government theoretically, confirms investment boundary of supporting agriculture by finance, and analyzes its characteristic from the government's behavior. Chapter six, a comparison and reference of agricultural fiscal policy and supporting agriculture by finance abroad. The author summarizes and benefits from the pattern and survey of supporting agriculture by finance in the other main countries, and hopes to provide useful measures to consummate the supporting agriculture by finance in Hubei. Chapter seven, the government investment space and agricultural subsidy in Hubei Province under the framework of WTO. This paper explores the primary ways and main content of supporting agriculture by finance in Hubei under the framework of WTO first, and then makes an investigation on agricultural subsidy in Hubei alone. Chapter eight, the basic thought and policy of strengthening supporting agriculture by finance in Hubei Province. This paper proposes basic thought including its characteristic and target system which consummates supporting agriculture by finance policy in the new period, then gives concrete realization path and supporting policies.On the basis of the domestic and foreign research results relevant, this article tries hard to make a breakthrough in following several aspects:(1) Performance evaluation of supporting agriculture by finance in Hubei Province. Using the modern econometrics methods, this paper appraises the contribution and effect of fiscal fund for assisting agriculture to the agricultural economic growth in Hubei, finds out problems existing possibly, and realizes the importance of fiscal fund for assisting agriculture to the agricultural development in Hubei fully.(2) From inspecting the history change and current situation of supporting agriculture by finance in Hubei, the paper analyzes and appraises the performance of supporting agriculture by finance in general in Hubei over the years emphatically, and analyzes its periodic fluctuation and structure thoroughly, and hopes to discover problems, malpractice as well as origin which possibly exists.(3) The basic thought and policy of strengthening supporting agriculture by finance in Hubei Province is the point of this paper. On the basis of grasping the realistic choice and trend of supporting agriculture by finance policy in the world, the author anatomizes the influence and countermeasures of WTO framework on supporting agriculture by finance and agricultural subsidy, and gives concrete basic thought of improving supporting agriculture by finance in Hubei and supporting policies in the new period.