The Study On The Impact Of Agricultural Credit To The Agricultural Economic Growth And Its Efficiency In China

Perfect agricultural financial service system is the important safeguard measures to accelerate the development of modern agriculture in our country. Therefore, combing agricultural loans impact on the efficiency of the agricultural economic growth and its mechanism, empirically agricultural loans for the role of the agricultural economy development in our country, it is of great significance.Firstly, based on the existing research, combing the agricultural loans impact on the efficiency of the agricultural economic growth and its main effect comes from the inputs, screening effect and post-supervision effect in advance. Elements into the direct effect of increased agricultural loans to agriculture economy increase; And inputs of the resource allocation effect of external effects, inputs, advance screening effect, post-supervision effect makes agricultural loans is helpful to improve the efficiency of the agricultural economic growth. Which based on the theoretical analysis of the agricultural loans under the condition of the mechanism of flow helps to agricultural economic development.Secondly, using a panel data of 281 prefectural cities in China from the year of 2001 to 2011, to our country agricultural loans and agricultural economic growth, agricultural production efficiency from the changes of time and space distribution characteristics analysis of the status quo. Status quo analysis results show that the current municipal agricultural loans both in amount and fatigue are steady growth, strengthen and perfect the rural financial system in our country under the background of construction, agricultural credit scale steadily expanding; In our country and the regional agricultural economy presents the good growth momentum, although the growth rate fluctuated, but the larger positive growth in general are presented; Building agricultural economic growth stochastic frontier production function model to measure the efficiency of agricultural economic growth, found that agricultural efficiency of economic growth from 0.559 in 2001 to 0.704 in 2012. This shows that the efficiency of agricultural economic growth in China has been promoted.Thirdly, based on a panel data of 281 prefectural cities in China from the year of 2001 to 2011, respectively set up agricultural loans affect agricultural economy, agricultural loans to demonstrate panel data model of agricultural economic efficiency, using econometric empirical test. Empirical study results show that the current our country as a whole, to promote agricultural economic development, agriculture loan performance for agricultural loans has a significant positive influence on agricultural economy, agricultural loans to demonstrate efficiency has a significant positive impact on agricultural economic growth. This shows that our country to strengthen and improve the rural financial system construction process, the expansion of the scale of agricultural credit to promote the development of agricultural economy. However, between the regional agricultural loans to agricultural economy and agricultural loans are for agricultural role in promoting the economic efficiency of have obvious difference.Finally, this article from the steady expansion of agricultural loans, build regional targeted agricultural credit mechanism, establishing agricultural loans are used for supervisory mechanism, by improving the agricultural loan system in three aspects to promote agricultural modernization in our country puts forward relevant policy Suggestions.