Study on the Relationship between Rural Financial Services and Farmers' Income in Heilongjiang Province

DOI

10.2991/icpel-17.2017.37How to use a DOI?

Keywords

Rural financial services, Farmers' income, The VAR model, The principal component analysis

Abstract

Based on the time series data of the 1999-2014 in Heilongjiang province, this paper uses the principal component analysis method to reduce the economic index of the rural financial services and calculates the value of rural financial service level in Heilongjiang province in the past years by using weight reduction index weight. With the aim to study the relationship between rural financial services and farmers' income, we established the VAR model. The results show that there is a long-term equilibrium between rural financial service level and peasant income in Heilongjiang province. The rural financial service level has a significant positive effect on the income of farmers in Heilongjiang province.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Fengge Yao
AU  - Fuxin Li
PY  - 2017/07
DA  - 2017/07
TI  - Study on the Relationship between Rural Financial Services and Farmers' Income in Heilongjiang Province
BT  - Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017)
PB  - Atlantis Press
SP  - 138
EP  - 141
SN  - 2352-5428
UR  - https://doi.org/10.2991/icpel-17.2017.37
DO  - 10.2991/icpel-17.2017.37
ID  - Yao2017/07
ER  -