Research on the Contribution of Rural Financial Development to Rural Economic Growth:Taking Anhui as an Example
Promoting rural economic development is an important foundation for realizing the comprehensive revitalization of the countryside,and the development of rural finance has an important impact on rural economic development.This paper empirically examines the mutual influence between rural financial development and rural economic growth from the three dimensions of rural financial scale,rural financial structure and rural financial efficiency by using the VAR model,based on the annual rural data from 2002 to 2022 in Anhui.The results show that,the scale and structure of rural finance in Anhui Province have not shown a significant positive effect on rural economic growth,and in some cases,even exhibit a negative effect.However,rural financial efficiency has a positive effect on rural economic development,and rural economic growth has had a positive impact on the struc-ture and efficiency of rural finance.Additionally,the promotion effect of rural economic growth on rural financial development is greater than the effect of rural financial development on rural economic growth.
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