Jilin Province Rural Financial Development Of The Impact Of Farmers’ Income

"Three rural" issue has always been our government need to solve the problem,its relations with China’s economic development, social stability, national quality, andthe key to solve this problem is to promote the rural and agricultural development,increase the income level of farmers, improve the standard of peasants’ lives.Afterrecent years of survey data show that although the farmers’ income has increased inrecent years, but we can’t be blinded by the superficial phenomenon.To raise the levelof farmers’ income can not only improve the living standards of farmers, also canpromote the rural economic development in our country, to speed up the pace of theconstruction of the well-off society, promote the building of a harmonious society.Forjilin province, accompanied by rapid economic development in recent years, financialproducts is increasing, the status of the rural financial development is increasinglyapparent, gradually attention by people, the rural financial development how tofurther strengthen the support of "agriculture, rural areas and farmers" is an importantissue in the new rural construction in our country.So in this paper, based on theperspective of jilin province rural financial development, how to increase farmers’income levels do further analysis, tries to find out the influence way, way andsolution.So-called rural finance is the accommodation of monetary fund in rural areas,refers to the rural areas and have close relationship with agriculture in the variousfields, to credit services for farmers, agriculture and rural economy and raising,distribution and manage rural monetary fund activities.This article mainly selected the"rural savings ratio" and "rural credit ratio" as rural financial data forms.Thedevelopment of rural finance, to the agricultural development and rural economicdevelopment play a role in promoting, real progress on agricultural production, just asthe scale of production of the farmers, no longer simply rely on growing income,improve the farmers’ living standard will be quality, make the rural production patternto form a good circulation of sustainability.In this paper, the empirical part is as follows: first of all, our data of jilin province from1979to2011, time series analysis, based on the stationarity test LNRIit is concluded that the farmers’ income level, the rural savings ratio LNRS, ruralcredit LNRL and rural fixed asset investment LNCA their original sequence arestationary series, first order difference sequence they are stationary series, that is, theyare first order single whole I (1);To LNRS, LNRL, LNCA and LNRI seriescointegration relationship between JJ test: rural savings ratio, ratio of rural credit,rural and farmers’ income level of investment in fixed assets between the long-termstable equilibrium relationship;When the optimal lag period1, granger causality test,the author found out that the rural savings rate is the granger reason of farmersincome levels, rural fixed assets investment is not the granger cause of farmersincome levels;By impulse response function and variance decomposition canunderstand: as the jilin province farmers saving ability growing on the long-term trendof farmers’ income plays a positive role in promoting, as farmers ability of the savings,means that the disposable income will increase, the farmers can investment ineducation to improve themselves, to take part in the training, enhance the level oftechnical skills, can invest in farmers’ productive fixed assets, etc., so this is thereason the influence of increase in farmers’ income level, the jilin province rural creditand farmers’ income are positive correlation, while the short-term effect is not obvious,but the long-term trend or to promote the income of farmers, farmers to expandproduction scale, the backing, you must have money, so the development of the ruralcredit guarantee for farmers’ production.Second, is the jilin province eight level cityfrom2003to2012panel data analysis, how to influence to the rural financialdevelopment level city of jilin province regional differences of farmers’ income levels:changchun, jilin, siping is a good city in jilin province economic development, but thecommon problems existing in these areas is the support of the small-scale peasanteconomy is not enough, too much focus on the development of the city itself, makesthe rural development in these areas is urban development is relatively backward, sothe income gap between urban and rural areas is relatively larger.From all the regionsof jilin province as a whole, our province economic relatively developed area in poorareas have more perfect financial system, rural financial development’s influence on farmers’ income growth.