Rural Financial of Rural Revitalization Support on Farmers' Income: An Empirical Study from Anhui Province, China

Abstract

Under the background of rural revitalization, rural finance is the driving force to promote rural economic development and the pillar to achieve the strategic goal of rural revitalization. The VAR model of the relationship between farmers' income growth rate and rural financial support, rural financial support and industrial structure was constructed, taking the rural financial data of Anhui Province from 1999 to 2017 as samples. And the impulse response function and variance decomposition analysis were conducted. The empirical results show that the growth rate of farmers' income is greatly affected by rural financial support policies.