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Economic Effect of China’s Rural Financial Market Growth during 1952-2013

机译:1952-2013年中国农村金融市场增长的经济影响

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摘要

Through study,it is found that since 1952,there has been a long-run equilibrium relationship between China’s rural financial market growth and rural economic growth,the government-led rural financial market growth has effectively supported rural economic growth,and increasing the farmers’ financing ratio has always helped to boost long-term growth of the rural economy.However,dominated by market mechanism from 1978,there is only one-way support relationship:rural economic growth brings about quantitative growth of rural financial market.
机译:通过研究发现,自1952年以来,中国农村金融市场增长与农村经济增长之间一直存在长期的均衡关系,政府主导的农村金融市场增长有效地支持了农村经济增长,促进了农民增收。融资比率一直有助于促进农村经济的长期增长。但是,从1978年开始,以市场机制为主导,只有一种单向支持关系:农村经济增长带来了农村金融市场的定量增长。

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