Empirical Analysis of the Relationship between Agricultural Economic Growth and Agricultural Production Factors in Hunan

This article takes the agricultural economic growth in Hunan Province,and its influencing factors as the research object by using the relevant statistic data from 1978 to 2012,and by building the econometric models to analyze the mutual relationship between the agricultural economic growth and agricultural production factors,by co-integration test and error correlation model to verify the long term stable equilibrium and short term volatility between them.Research shows that land,labor,fund investment all positively influence agricultural economic growth among which land has the biggest influence,but in short term,the biggest influencing factor is fund investment.Therefore,the article suggests that we should improve the investment of funds and technology in agriculture,develop land resource properly.Moreover,we should improve the labor quality and employment structure to boost agricultural growth in Hunan.