Does financial development enhance agricultural production in the long-run? Evidence from China

被引：36

作者：

Chandio, Abbas Ali ^{[1
]}

Jiang, Yuansheng ^{[1
]}

Abbas, Qaiser ^{[2
]}

Amin, Asad ^{[3
]}

Mohsin, Muhammad ^{[4
]}

机构：

[1] Sichuan Agr Univ, Coll Econ, Chengdu 611130, Peoples R China

[2] Ghazi Univ, Dept Econ, Dera Ghazi Khan, Pakistan

[3] Beibu Gulf Univ, Coll Econ & Management, Qin Zhou, Guangxi, Peoples R China

[4] Jiangsu Univ, Sch Finance & Econ, Zhenjiang, Jiangsu, Peoples R China

来源：

JOURNAL OF PUBLIC AFFAIRS | 2022年 / 22卷 / 02期

关键词：

CREDIT; IMPACT; FARMERS; COINTEGRATION; PAKISTAN; ECONOMY; GROWTH;

D O I：

10.1002/pa.2342

中图分类号：

C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;

摘要：

This study aims to examine the impact of financial development on agricultural production in the case of China. The study used country level time-series data for the period 1989 to 2016. We applied the autoregressive distributed lag (ARDL) approach to investigate the long-term cointegration relationship between underlying variables and the fully modified ordinary least squares (FMOLS) for robustness check. Results of this study confirm the existence of a long-term relationship among the variables. The ARDL estimation results reveal that financial development has a significantly positive impact on agricultural production in both long-run and short-run. The fully modified OLS confirm the robustness of the findings. This study suggests that the Chinese government should pay more attention on long-run policies to enhance agricultural growth through improving banking sectors, efficient rural credit markets, and increasing township banking infrastructures in the country.

引用

页数：14

共 64 条

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