HUBEI AGRICULTURAL SCIENCES ›› 2019, Vol. 58 ›› Issue (19): 169-173.doi: 10.14088/j.cnki.issn0439-8114.2019.19.035

• Rural Finance • Previous Articles     Next Articles

The Impact of financial support for agriculture on rural residents' income

HE Yu-xuan   

  1. Economics and Business Administration,Shaanxi College of Communication Technology,Xi’an 710018,China
  • Received:2019-08-27 Online:2019-10-10 Published:2019-11-15

Abstract: Rural industrial convergence is a financial "Hematopoietic mode" way to support agriculture and a key path to increase farmers’ income. Through the intermediary variable of rural industrial convergence, the mechanism of financial "Hematopoietic mode" support for increasing farmers' income was explained.The control variable regression analysis and PSM matching with tendency score method were used synthetically. The influence of the financial support "Hematopoietic mode" for agriculture on rural residents'income were analyzed by real evidence. The results showed that under the financial support, rural industrial convergence had a significant promoting effect on farmers’income. Based on this, it should improve the finical system for agriculture, support diversified industrial convergence and build a benefit linkage mechanism, so as to promote the multi-channel and substantial increase of farmers' income.

Key words: financial support for agriculture, rural industrial integration, income effect, interest linkage mechanism

CLC Number: