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The Conference on Web Based Business Management (WBM 2010 E-BOOK)

Chengdu,China,9.20-9.22,2010

ISBN: 978-1-935068-18-1 Scientific Research Publishing, USA

E-Book 1342pp Pub. Date: October 2010

Category: Engineering

Price: $80

Title: An Analysis on the Effect of Rural Credit on the Income Progress of China’s Farmers and Enlightenments
Source: The Conference on Web Based Business Management (WBM 2010 E-BOOK) (pp 851-854)
Author(s): Zhaoyang Xie, Dept. school of economics and management, North China University of Techonolgy, 100144, Beijing, China
Abstract: In order to testify in what extent the rural credit accelerated farmers income, we establish a cointegration regression Model for double-variables , an ECM Model and Granger causality tests, based on per capita loans and incomes during 1985 to 2006. We find there is a strong cointegration relationship between per capita loans and incomes, and the increase of rural credit can evidently arose progress of farmers incomes. So we suggest the central government stick to strengthen the policy kind of credit system and support those emerging private financial institutions.
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