Rural Financial Efficiency And Its Restriction Factors Research In Sichuan Province

This paper takes mainstream rural financial theory as a foundation to analyze and study the rural financial efficiency of sichuan province. The article first analyzes the present situation of rural financial development in sichuan province, by establishing the model and get the conclution that rural financial development have certain contribution for rural economic growth in sichuan province but low efficiency, and then analyzes the restricted factors of rural financial efficiency in sichuan province, draw the conclusion:the weakening of rural financial institutions’ agriculture-supporting function and the financial channel capital outflow are the main restricted factors of rural financial efficiency. Finally, it presents suggestions on improving rural financial efficiency policy of the sichuan province.The first part is the introduction. This part mainly explains the background and significance, research methods and ideas, innovation and inadequate, and focuses on the research status from domestic and abroad.The second part is the theoretical basis of rural financial efficiency in sichuan province study. This part is the theoretical basis of the full text analysis and study, and expounds mainly the theoretical perspective of the three mainstream rural financial theory and the definition of financial efficiency. Presently has already formed the agricultural credit subsidy theory, the rural financial market theory and imperfect competition market theory.The third part is the rural financial situation in sichuan province, this part Mainly expounds the present situation of the development of rural finance in sichuan province, and on the basis of which analyze the structure of agricultural credit in sichuan province and changes. Through the analysis found that, sichuan province rural credit cooperatives accounted for more than50%, it means rural cooperative finance is the mainstay of rural financial system.The fourth part is the empirical analysis of rural financial efficiency in sichuan province. Through the establishment of the empirical model, using cointegration test, granger causality test methods, analyze date of sichuan province in1983-2010years empirically.The fifth part is restriction factor analysis of rural financial efficiency in sichuan province, there are six aspects mainly for restricting the rural financial efficiency. The first aspect is the attenuation of the function of rural financial institutions’ agriculture-supporting. The second aspect is the serious financial channel rural capital outflow. The third are information asymmetry. The fourth is rural financial services not in place. The fifth is the bad rural financial ecological environment. The sixth is rural folk financial development’s being blocked.The sixth part is policy Suggestions to improve the efficiency of rural financial in sichuan province. On the basis of the previous chapters’ analysis, put forward four aspects of the proposal.