Research On The Impact Of The Development Of Inclusive Finance On My Country's Agricultural Product Trade

In an open economy,trade is of great significance to economic growth,and changes in the trade structure are a powerful illustration of international competitiveness.China is an agriculture-based country,and agricultural trade plays a pivotal role in international trade.The improvement of agricultural product trade level is of great significance for stimulating agricultural economic growth,solving rural employment problems,optimizing agricultural industrial structure,and solving the agriculture problems.In addition to being constrained by its own competitiveness,the development of agricultural products trade also needs financial support.As an important development direction in financial sector,Inclusive Finance strongly supports the financial resources to the agriculture field,and strives to achieve the goal of providing affordable financial services for all objects with financial service needs.The development of inclusive finance is of great significance for promoting social fairness and justice,and also provides new ideas for the development of agricultural trade in China.Therefore,timely understanding of the relationship between inclusive financial development and agricultural trade is of great significance for more efficient development of agricultural trade,clarifying the goals and direction of financial reform,and effectively improving the service efficiency of financial agriculture.Based on the above realities,in order to explore the impact of inclusive financial development on agricultural trade,further propose policy recommendations to promote the development of inclusive finance and the development of international trade.This paper starts from the theoretical and empirical aspects and studies the relationship between the two.relationship.In terms of theoretical analysis,this paper analyzes the mechanism of financial influence on trade from the perspectives of classical school,endogenous growth model,new trade theory and FDI effect.In the aspect of empirical analysis,in order to effectively measure the degree of development of inclusive finance in China,based on the data of other countries and international organizations,this paper selects three indicators and three indicator variables based on Chinese data to construct a measure of China.The comprehensive index of the inclusive financial development level of each province---the inclusive financial index IFI,and analyzes the overall trend and regional differences of inclusive financial development from the time and inter-provincial levels.Then,based on the inter-provincial panel data of agricultural products trade from 2005 to 2016 in China,the panel data model is constructed,and the relationship between the development of inclusive finance and the scale of agricultural trade and the change of trade structure is analyzed by using measurement software to explore the benefits.The impact of financial development on the scale of agricultural trade and changes in trade structure.The results of the regression show that on the one hand,the development of inclusive finance is beneficial to the increase in the scale of agricultural trade,both in terms of import scale and export scale.On the other hand,from the perspective of the changes in trade structure,there is a non-linear relationship between inclusive finance and agricultural products trade,showing an inverted U type,that is,there is an optimal inclusive financial index,which is most conducive to the agricultural trade structure.improve.Finally,according to the conclusions drawn from the research in this paper,the corresponding countermeasures and suggestions are put forward.It can be seen that in order to promote the development of agricultural trade,it is necessary to vigorously develop inclusive finance.However,from the perspective of the structural characteristics of the inverted U type,in China,agricultural products trade is facing more entanglement in terms of exports,so it needs to be treated with emphasis.In short,this study has important practical significance for promoting financial reform in China,establishing and improving a multi-level inclusive financial development system,giving full play to the interaction mechanism between inclusive financial development and agricultural trade development,and promoting the sound and rapid development of economy.