Abstract:
Based on seven areas, including East China, Central China, North China, Southern China and southwest, northwest, northeast regions, this passage builds an input-output basic and expanded model and empirically analyzes the influence of the agricultural financial policy on economic growth of agriculture and some agriculture growth factors, such as agricultural labor, capital, farm machinery, water conservancy and so on. Through the above arguments, it is to prove whether the rural policy finance has effect on agricultural economic growth and whether the effect shows regional differences. Estimation results show that: policy finance has some influence on the growth of agricultural economy, but the effect is not always significant. The influence on production factors reflect regional differences: in Central China, the labor factor shows significant crowding-in effect while in farmland scale, the effect is more significant in North China; in agricultural machinery, the results are significant in East China and northeast region; and in the rural commercial finance productivity, apparent crowding-out effect is showed in Southern China, in southwest and northeast regions. This paper argues that in order to maximize the promotion, we have to adapt to its own local conditions.