| The agricultural natural disasters occur frequently, the contradictions between resources and environment is deepening, the market risk is increasing, the uncertain factors is gradually increasing and the agricultural development is facing a series of challenges, we must be to accelerate the speed of modern agriculture development to break through the material equipment and science technology and the behind of concept bottleneck to enhance the ability of resistance risk and the products supply capacity. However, it needs larger scale of funds and longer period and more various forms to develop modern agriculture. How to establish a stable investment growth mechanism and a strong support and protection force under the existing conditions to protect the effective supply of agricultural funds is the main problem in the development of modern agriculture.Based on the guidance of funds allocation theory and public finance theory and imperfect market competition theory, this paper use descriptive statistics to make a analysis on the situation of modern agricultural development in Sichuan province and its supply of funds, and then building a DEA model and a Tobit model to explore the efficiency of the financial support system and its influence factors. The results show that:the main body of investment don’t make enough emphasis on agricultural inputs and they are lack of ability to support it and also lack of support dynamics; the investor’s funds performance level is not high and it is mainly due to the low level of technical efficiency; most of the area in the province is in the decreasing stage of return to scale which leads to the output elasticity of agricultural investment relatively small; the performance level of funds supporting changes reversely with the level of economic development and urbanization; increasing agricultural population and agricultural machinery usage can significantly improve the performance level.Thus, the degree of attention is not high, the investment is insufficient and the capacity is deficient during funds investment process. During the funds using process, the management system is confused, the allocation function is imbalanced and the environment of using funds is not good and many other problems. To solve the above problems, this paper puts forward the following countermeasures:Firstly, Strengthening the social responsibility consciousness cultivation and reforming of the appraisal system of cadre achievements so as to strengthen the main body’s degree of attention; deepening the reform of the rural property right and opening wider to the outside world so as to strengthen the supply capacity of funds; Secondly, making the financial input has a steady growth rate, increasing the supply of rural financial service and attracting social capital to participate in agriculture so as to strengthen the support force and protection of agriculture and to have growth rate of investment stability; Thirdly, reducing the intermediate links and improving the late supervision mechanism of awards and subsidies system so as to improve the funds management system; improving the structure proportion of the funds using body and the capital investment fields to optimize the allocation of funds structure so as to improve the technical efficiency; Fourthly, improve the operating environment of funds to improve the performance level. |
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