2010Journal of Xinjiang Vocational UniversityRequires access

The Empirical Study of Rural Economic and Rural Fiance

Li Ming

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Abstract

This article used method of co integration analysis and granger causality test,based on dates from 1980 to 2008 of Xinjiang,this paper makes an empirical analysis of the relation ship between and degree of dependence on rural economic growth and rural finance development.The result shows that rural finance development plays an important role in promoting rural economic growth,which,in turn,this paper suggests that effective polices should be made to promote rural finance development to accelerate the construction of new countryside.

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What this paper is about

This article used method of co integration analysis and granger causality test,based on dates from 1980 to 2008 of Xinjiang,this paper makes an empirical analysis of the relation ship between and degree of dependence on rural economic growth and rural finance development.The result shows that rural finance development plays an important role in promoting rural economic growth,which,in turn,this paper suggests that effective polices should be made to promote rural finance development to accelerate the construction of new countryside.

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Available abstract

This article used method of co integration analysis and granger causality test,based on dates from 1980 to 2008 of Xinjiang,this paper makes an empirical analysis of the relation ship between and degree of dependence on rural economic growth and rural finance development.The result shows that rural finance development plays an important role in promoting rural economic growth,which,in turn,this paper suggests that effective polices should be made to promote rural finance development to accelerate the construction of new countryside.

Key concepts: Granger causality, Rural area, Causality (physics), Empirical research, Economics, Rural economy, Economic growth, Rural development

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