Title: An Empirical Study on the Relationship between Agricultural Scientific Research Investment and Agricultural Productivity Growth
Abstract: From 1996 to 2010,the annual average growth of agricultural total factor productivity in China reached 2%.Agricultural scientific research investment and agricultural productivity series have a long term stable equilibrium relationship,but in the short term,there are dynamic relationship and error correction mechanism between them.The change of agricultural scientific research investment is the one-way Granger cause of agricultural productivity change.Scientific research investment in agriculture has positive influence on agricultural productivity,but the internal demand of agricultural economic development in agricultural scientific research investment is insufficient.In order to improve agricultural productivity,we should increase the support of government capital to agricultural scientific research investment,optimize the investment of agricultural scientific research,construct a long-term mechanism of financial capital on agricultural scientific research investment,and spread agricultural technology.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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