Research On Financial Guarantee Problem Of Maintaining Food Security In Jilin Province

The new crown epidemic that broke out in 2020 has had a major impact on the economy and society,and also affected people’s clothing,food,housing and transportation.To win this battle,material security must be achieved.Food is the most important part of material security.The World Food Programme pointed out that the new crown epidemic is a crisis about health and life,but if not handled properly,it can become a food crisis.In recent years,most areas in China have suffered from natural disasters,which have a serious impact on grain production.As an important commodity grain base in my country,Jilin Province plays the role of financial security and supports the food supply of Jilin Province,which plays an important strategic role in ensuring the food security of Jilin Province and even the whole country.Therefore,from the perspective of maintaining food security in Jilin Province,this paper studies the relationship between financial security and food security in combination with the existing financial security system,provides useful guidance for financial security food security in Jilin Province,and provides practical advice for ensuring food security in China..This paper first explains the definitions of food security and financial security,and clarifies their connotations.Secondly,it introduces the current situation of food security in Jilin Province and the financial security system in Jilin Province,and conducts empirical analysis,and finally puts forward relevant countermeasures and suggestions.This paper systematically analyzes the effects of food production security in Jilin Province,natural disasters suffered by Jilin Province,food circulation and consumption security in Jilin Province,and food supply in Jilin Province on China’s food security.The study found that Jilin Province currently has the means to ensure financial security,including direct grain subsidies,agriculture-related loans,agricultural insurance and rural financial institutions.Using a combination of theory and empirical methods,taking Jilin Province as an example,using the data from 2004 to 2020,using the VAR model,to construct a financial guarantee food security model,and the unit root test(ADF test)of the model,Johansen Cointegration test,Granger causality test,impulse response analysis and variance decomposition.The research results show that there is a long-term and stable relationship between the financial security system and food security in Jilin Province,and there is a positive correlation between food allocation funds,agricultural insurance premium income,the number of outlets,agricultural loans,and the number of outlets and grain output.Among them,for each additional unit of grain appropriation funds,the grain output will increase by 1.16%;if the agricultural insurance premium income increases by 1 unit,the grain output will increase by 0.82%;if the number of agricultural outlets increases by 1 unit,the grain output will increase by 0.57%;Grain output is positively correlated.For each additional unit of agricultural loans,grain output increases by 1.64%;an increase in the number of employees in rural financial institutions’ outlets increases by 0.98%.That is,when the level of financial security increases,the grain output increases,and the food becomes more secure.Finally,according to the empirical analysis results,some suggestions are put forward: the key role of the formal financial institutions,the improvement of the agricultural insurance system and the government’s leading role are taken to promote the grain output of Jilin Province to a new height.