An Empirical Analysis Of Chinese Agricultural Products Circulation Efficiency:Panel Data Analysis Of SFA

Efficient circulation of agricultural products is a necessary requirement of agricultural modernization. Since the reform and opening up, China has initially formed a nationwide circulation system of agricultural products, preferably from the producers of agricultural products within easy reach of the hands of consumers and improve the people’s living standards. However, the current circulation of agricultural products is still a lot of problems, "not sell, can not afford" and other inefficiencies still abound. Thus, the efficiency of the circulation of agricultural products research is still important. Circulation of agricultural circles has had extensive research, one focus of attention is how to characterize the efficiency of the circulation of agricultural products, and thus comparative analysis of efficiency differences in different regions. This paper will be based on previous studies on the use of new data to establish measurement methods for the efficiency of the circulation of agricultural products for quantitative characterization, and empirical analysis of the determinants of circulation efficiency, and thus provide a basis for policy.This paper uses stochastic frontier analysis (SFA), the liquidity and efficiency of agricultural production value of agricultural products circulation of two aspects were examined in detail. The results show that:First, the technical efficiency of the circulation of agricultural products was gradually increased over time characteristics, the provinces are basically show the same variation characteristic; second, the output value from the flux and flow of two angles measure the efficiency of circulation of agricultural products there are some differences.1) national circulation of agricultural technology efficiency is higher than the number of technical efficiency in terms of value in circulation. This suggests that the retention of, or did not happen in circulation are those relatively high value agricultural products.2) Change the speed of circulation efficiency features two angles are different. Provinces circulation of agricultural products circulation efficiency angle monotonously linear downward trend, the output value of the angle of the circulation of agricultural products circulation efficiency of the provinces showing the initial rapid decline in the middle of a smooth transition, and finally rapid decline characteristics.3) The provinces circulation efficiency of "difference" variation and differences, provincial circulation of agricultural products circulation efficiency point of view presented "initial differences, the final total convergence," the variation, the output value of the angle of the provinces circulation of agricultural products circulation efficiency difference in the initial sample small differences in the entire sample period remained unchanged, finally showing a certain tendency to expand.4) from the provinces of efficiency comparison, measured in terms of liquidity flow efficiency Shanghai the highest, followed by Zhejiang, Gansu is the worst; the highest circulation of agricultural products in Jiangsu Province efficiency measured in terms of value in circulation, followed by Shandong, the worst is Shaanxi provinces circulation of agricultural products circulation efficiency output angle quite different. Third, the circulation efficiency determinants measurement results showed a level of infrastructure areas, circulation degree of organization, information level, income level of urban residents is an important factor affecting the efficiency of the circulation of agricultural products. To this end, improve infrastructure, improve the organization, the level of information to improve the income of urban residents will increase the efficiency of the circulation of agricultural products, promote agricultural modernization.