西南石油大学学报(社会科学版) ›› 2018, Vol. 20 ›› Issue (4): 23-28.DOI: 10.11885/j.issn.1674-5094.2018.05.08.01

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A Study on the Relationship Between Rural Finance Development and Economic Growth in Anhui——Based on VAR Model

GENG Liuli, LI Na, CHEN Meng   

  1. School of Economics and Management, Chuzhou University, Chuzhou Anhui, 239000, China
  • Received:2018-05-08 Online:2018-07-01 Published:2018-07-01

Abstract: In the context of the supply side reform of the rural economy in Anhui Province, we selected data of rural finance and rural economy from 2001 to 2016 in Anhui Province and analyzed rural financial development and rural economic growth with ADF testing, co-integration testing, and Granger causality testing. The results show that the expansion of rural financial scale and financial efficiency in Anhui Province can promote rural economic growth, and the growth of rural economy can in turn promote the development of rural finance. In order to further promote rural financial development and coordinated growth of rural economy, and to advance rural financial supply reforms, it is now necessary to enhance policy guidance, to innovate rural financial products and services,ensuring effective supply of rural finance,to optimizing rural financial structures,in order to improve the efficiency of rural financial development and to enhance fiscal support for agriculture. We believe the above mentioned measures will deepen the supply side reform of rural economy supply reform in Anhui Province.

Key words: Anhui Province, rural finance, rural economy, Grainger causality, Co-integration test, VAR model

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