Research On Rural Finance Development And Rural Economic Growth, Shandong

Since the policy of reform and opening, our national economy has been sustained and rapid economic development, material culture has been great to meet and people's living standards has been greatly improved. However, a harsh reality has set before us: a growing gap between urban and rural development, the "three rural" issue is still not well resolved. China is a large agricultural country, lots of the rural population and poor rural economy is the basic national conditions at this stage. How to speed up the agricultural development and increase farmer's income and develop of the rural economy is a big problem placed in front of the government. As a large agricultural country, China's rapid economic development is inseparable from the support of the rural economy, rural economic development can not do without the support of rural finance. A good environment for rural finance can accelerate and promote rural economic development, and if the lack of rural financial development, it would not achieve role in promoting the rural economy, it will affect the rapid development of the rural economy. Therefore, only full of rural finance to support the role of the rural economy can promote the rural economy to achieve rapid and healthy development, but also conducive to China's "three rural" issues.Shandong province is a major agricultural province in our country, this paper selected Shandong province as the research object, the main content is to study rural finance development and rural economic growth of Shandong province. This articles start from the current situation of rural finance development and rural economic growth, to point out the problems of the rural financial system, then give an empirically test of the rural finance development and the rural economy growth, the empirical results shows us that the rural finance development is an important factor to constrains the rural economy growth, Finally, the article put forward some policy and recommendations to deepen the rural financial reforms of Shandong Province. The thesis is divided into six parts. The first part: Introduction. This part introduces the research background, the research significance, the progress in research and the research method.The second part: The theory of finance development and economic growth. This part give a brief overview of the theory of finance development and economic growth, then give a brief sort of the related research in rural finance theory.The third part: The analysis of the Shandong province's rural finance development and rural economy growth. This paragraph defines the concept and the scope of the rural finance and the rural economy, then analysis the conditions of the rural finance and the rural economy, at last, give an explain to how rural finance development effect the rural economy growth.The fourth part: To get relevant data from the statistical yearbook and give an empirical analysis of the rural finance development and the rural economy growth. This paper use the multivariate VAR analysis method, give a cointegration of the rural economic growth variable and the scale of rural finance development variables, the efficiency of rural financial development variables, the structure of rural financial development variables, established an error correction model, then using Granger causality test method checking the relations of the rural economy growth and the rural finance development. Finally, get the conclusion: Shandong's rural financial development lags behind the rural economic growth, the rural finance development is an important factor to constrains the rural economy growth.The fifth part: Through the conclusion, the article put forward some policy and recommendations to deepen the rural financial reforms of Shandong Province. This article described in four areas: to establish a sound rural financial system, optimization of financial institutions in rural areas, improve the efficiency of rural financial services, and foster a good environment for rural finance.The sixth part: Conclusion and discussion...