Welcome to Chinese Agricultural Science Bulletin,

Chinese Agricultural Science Bulletin ›› 2015, Vol. 31 ›› Issue (11): 109-113.doi: 10.11924/j.issn.1000-6850.casb14120108

Special Issue: 水产渔业

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Effect of fishery loans on fishery economic development —Based on VAR model

  

  • Received:2014-12-16 Revised:2015-01-23 Accepted:2015-01-29 Online:2015-05-06 Published:2015-05-06

Abstract: In order to better development of the fisheries economy, promote the healthy and sustainable development of fishery economy, solve the problem of fishery loans is a particularly important.Based on vector auto-regression model(VAR), this paper makes an empirical research on the relevance between fishery loans and fishery economic growth with Chinese data from 2004 to 2013. The results of Grange Causality Test show fishery financial development and fishery economic growth are not grange causes for each other.Fishery loans on economic growth did not play a supporting role.Therefore, to promote the fishery loans input and make reasonable fishery loan policy has become the inevitable choice to promote the sustainable development of fishery economic in China.