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| China s Agricultural Policy-oriented Finance and Agricultural Economic Sustainable Development |
| Wan Zhong,Zheng Weiwei,Wang Huaiming |
| College of Economics and Management,Nanjing Agricultural University,Nanjing 210095,China |
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Abstract This article has an empirical test on the impact of China s agricultural policy-oriented finance on agricultural economic sustainable growth,based on Chinese provincial panel data from 1995 to 2009.The conclusion showed that:①Agricultural policy-oriented finance has a positive effect on agricultural economic sustainable growth in East China,but has a negative effect in the southwest region,while not significant in other areas;②The impact mechanism of agricultural policy-oriented finance on agricultural economic sustainable growth is to promote technology innovation rather than efficiency improvement;③Based on the impact mechanism of technology spillover absorptive capacity,resource curse,pollution heaven hypothesis,green performance of agricultural policy-oriented finance s in East China is superior to other areas.China should increase investment in personnel training,energy saving and emission reduction,environmental regulation,etc.China should avoid resources curse effect,prevent pollution heaven formation,to achieve the sustainable development of agricultural economy.
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2013, Vol. 1 
