The Agricultural Loans To The Effects Of Farmers' Income In Hunan Province

As a big agricultural province and the important grain production base in China, farmers' income of Hunan province is relationship to the country's food security and long-term development of agricultural economy. Optimization of Hunan agricultural loans, promotion the farmers'income, improving farmers' living standard and effectively solving the "Agriculture, rural areas and farmers" problems, has certain theoretical and practical significance.In this background,combining the related theory of agricultural loans and farmers' income,this article explore the affectiong of Hunan agricultural loans to farmers' income through empirical model.This article firstly analysis the the current situation of agriculture loans and farmers' income of Hunan province detailed.Described the relationship between province agriculture loans and farmers' income from theoryin genera. It is concluded that Hunan agricultural loans and farmers' income is in a rising trend from2000 to 2013.Farmers' income level was positively related to the level of agricultural loans and.In theory, Hunan agricultural loan played a certain role to support for increasing of farmers' income.On this basis,based on the measurement methods,such as VAR model, Johansen cointegration test, Granger causality test and impulse response, this paper empirical analysis the relationship between farmers' income and agricultural loans in Hunan and there exists a long-term equilibrium relationship between agricultural loans and the family net income of farmers.Farmers per capita of Hunan province of agriculture loan fluctuation is the Granger reason of family per capita net income of volatility.The inspection instruct that it can by expanding agricultural loans boost the increase of farmers' income.Finally,combining with the actual situation of Hunan province,this paper raise the question,such as agricultural loans in support of the loan investment insufficiency in increasing farmers' income, the obvious contradiction between supply and demand, unreasonable structure of loans, the rural financial market system is not sound, the agricultural loan management system and risk transfer mechanism is not sound, rural credit cooperatives support agriculture process problems, a new type of rural financial institutions limited efforts to support agriculture.And increasing the investment of agricultural loans, optimize investment structure, improve agricultural management mode and management mechanism, continue to deepen reform of rural credit cooperatives, build rural financial market competition environment and other aspects, improve the increase of farmers' income in Hunan province, better play the role in agricultural loans for the promotion of farmers' income.