Author(s)

Kun Song

Corresponding Author

Kun Song

Abstract

A dynamic spatial panel econometrics model is built to analyze spatial spillover effect of direct financing on agricultural economy by adding lagged variables of agricultural economic development. It is found that direct financing has a significant positive impact on agriculture economic development. Conclusively, spatial externality of agricultural economic development could provide the condition and possibility for direct financing cooperation across the provinces of China.

Keywords

Direct Financing, Agricultural Economy, Dynamic Spatial Panel Model, Spatial Spillover Effect