Dynamic Research Of Relationship Between Rural Finance And Rural Economy Of Jingyang

Finance for the development of the national economy played a crucial role in nationaleconomy，rural finance is an important part of finance， its impact on the rural economy isalso increasingly important.In the increasingly fierce market economy situation， the supportand services of rural finance is important to enhance rural economic development.In recentyears， the issue of China’s rural financial sector still has not been solved， the existing ruralfinancial system has not adapted to the current urgent need for the development of ruraleconomic situation， the lagging of rural financial system largely restricted the developmentof rural economy pace. Therefore， optimizing the rural financial system and improving ruralfinancial services in the agricultural economic development hasve become an urgent problem.In this paper， we choose JingYang County， Shaanxi Province as the research object，select1990-2012as time series data， we use Granger causality test， error correctionmodel and vector autoregression model analysis the relationship between Jingyang CountyRural Financial Development and Rural Economic. We get the following major conclusions:(1) the level of development of rural finance， rural finance development efficiency andJingyang between agricultural output and farmers ’incomes are cointegrated， indicating thatthe level of development of rural finance， rural finance development efficiency and Jingyangagricultural output and farmers’ income exists between long-term stable equilibriumrelationship.(2) rural finance agricultural output levels on Jingyang have significant positive impact，but the level of development of rural finance Jingyang0.570599elasticity of agriculturaloutput， combined with results of previous studies that the level of development of ruralfinance agricultural production Jingyang the output elasticity is small. Meanwhile， we cansee that rural fixed assets investment in Jingyang County agricultural output also has asignificant positive impact on the rural fixed assets investment Jingyang output elasticity ofagricultural output can be seen in rural areas of its output Jingyang the degree of influence isnot large. In addition， the number of agricultural workers on agricultural output Jingyang nosignificant effect relationship， and its output elasticity is negative， indicating that the number of agricultural workers on Jingyang County’s agricultural economy is not a positiverole， it may be because Jingyang labor in the agricultural sector "redundant" state， theexcess rural labor does not promote the further improvement of agricultural output.In the longrun， the rural financial development level on Jingyang agricultural output has significantlypositive effect.(3) the level of development of rural finance pre Jingyang every1%increase in thegrowth rate， the current level of Jingyang County’s agricultural output growth rate willdecrease1.297%， Jingyang rural financial development level in the short term and will notimmediately promote Jingyang Agricultural output growth； pre Jingyang rural financialdevelopment level for each1%increase in the growth rate， the current per capita income offarmers will increase Jingyang0.222%， Jingyang rural financial development level in theshort term growth of farmers’ income Jingyang certain role in promoting， promotingsmaller； early development of rural financial efficiency Jingyang every1%increase in thegrowth rate， the current level of growth in agricultural output Jingyang will increase3.970%， Jingyang efficiency of rural financial development in the short term JingyangCounty agricultural output growth for a certain role in promoting； early development of ruralfinancial efficiency Jingyang every1%increase in the growth rate， the current level of percapita income of farmers in Jingyang growth rate will decrease0.506%， Jingyang CountyRural Finance Development efficiency in the short term does not immediately promoteJingyang County farmers’ income growth.(4) For the rural financial development and the relationship between agricultural outputJingyang County， the rural financial development level is Jingyang Granger cause ofagricultural output， but on the contrary， agricultural output is not Jingyang County RuralFinance Development horizontal Granger cause； to rural financial development levelbetween farmers’ income Jingyang concerned， the rural financial development level isJingyang Granger cause the income of farmers， on the contrary， agricultural output isJingyang County Rural Finance Development level Granger causes.(5) the level of development of rural finance Jingyang Jingyang leading role inagricultural output is not obvious， and has a significant lag effect， overall， the level ofdevelopment of rural finance Jingyang Jingyang leading role in agricultural output is weak；Jingyang Jingyang rural financial development level on the leading role of farmers ’incomehas a significant lag effect， overall， the level of development of rural finance JingyangJingyang larger role in promoting farmers’ income.(6) Jingyang rural financial development level of agricultural output growth rate is verysmall， basically no effect on the growth of agricultural output Jingyang necessary to play the leading role， which in this study pulse response function analysis of the conclusionsunanimously； Jingyang rural financial development level of the local farmers ’incomegrowth rate is large， its growth in farmers’ income Jingyang play a leading role.