IS-LM Model Based Analysis on the Role of China's Financial Policy for Supporting Agriculture

The"three rural"issues have always been an important and prominent issue in China's economy and society.The"No.1 Document"of the central government of China over the years has all stressed this field.The state has also undertaken various economic policies to increase the income of rural residents,support agricultural development,and improve rural infrastructure construction.Among the various policies,financial support for agriculture is a frequently used macroeconomic policy.Based on the IS-LM model,this paper analyzed the effects of financial policy for supporting agriculture on the IS-LM model,discussed the specific role of the financial policy,in order to provide a certain reference for the government to better use financial policy to support the agriculture.

Evaluation of the Effectiveness of Financial Support to Agriculture Based on the DEA Method

Financial support to agriculture is the main driving force to increase farmers＇ income. This paper applied the evaluation DEA （Data-embrasing Analysis） method to evaluate the effectiveness of financial support to agriculture from 1990 to 2005. It is found that the trend of the financial support to agricultural effectiveness in China presented a downward trend in recent years. The results showed that the overall trend of the financial support to agriculture in China wasn＇t high, and some corresponding proposals were put forward to optimized.

Preliminary Study on Effects of the Model of Community-supported Agriculture(CSA) on Urban-rural Income Gap in China

The urban-rural income gap is widening,which has become a bottleneck restricting China＇s economic and social development.It is the current outstanding problems in the harmonious development of the society.Community Supported Agriculture（CSA） is one of the most important forms of sustainable agriculture and it has received the attention in recent years.This paper first introduces the rise and development of CSA in China,and discuss the impact of CSA on urban-rural income gap in China preliminarily in order to provide ideas for improving the farmers＇ income and narrowing the income gap between urban and rural areas.

A Multi-case Study of Community Supported Agriculture (CSA) Operation Model in Beijing

As one of the ways to localize foods,community supported agriculture can strengthen food safety and should be reasonably guided and developed.Based on the analysis of the spatial layout of the community supported agriculture organizations in Beijing,this paper described the development framework and course of community supported agriculture in Beijing.Combining 3 differentiated cases with the consumer's participation in community supported agriculture and the trust mechanism,it was found that the drive type has a very significant impact on the characteristics of these organizations.

Priorities of State Support of the Russian Agriculture on Federal and Regional Levels under Volatile Economic Growth

The state support of the agriculture is increasing with the globalization of Russia, the need to shape level and instruments in accordance with the WTO requirements. For Russia, rational state support of agriculture is topical according to the domestic economic problems： insufficient financing in Russia, in the regions; degradation of production facilities; turnover acreage reduction; reduction in livestock; and according to the external economic factors： the accession to the WTO, the transition to the Common Economic Space, and subsequently, the Eurasian Economic Union, global change conditions in the global food market, an increase in the world population, increasing demand for food resources, a significant increase in food prices on world markets, the increased activity of Russian agricultural producers in the world markets of grain products; ensuring of economic stability systems, critical analysis of the tools and the effectiveness of economic policy. According to the IMF, the economic has slowed down despite the state support for agriculture should stay a priority in the government＇s economic policy, in the regions.

Research on Efficiency of Financial Supports in Agricultural Industrialization in China

The agricultural industry development in China has been very successful, but there exist some problems, such as weak financial support strength. With the help of DEA-Malmquist index method, this paper evaluated the efficiency of the agricultural industrialization＇s financial supports, made a deep study of its influencing factors, which have an extremely important influence on the perfect agricultural industrialization＇s development.

Empirical Analysis on Effect of Agricultural Financial Investment on Increase of Farmers' Income

On the basis of economic data from 1978 to 2006,the co-integration theory is applied to discuss the relation between agricultural financial investment and farmers' income.The statistic AR model is obtained.Then,it makes pulse response analysis in combination with principle of pulse response analysis.The regression results show that support in agricultural production,various agricultural operating expenses and three types of costs for agricultural science and technology are favorable to farmers' income,while expenditure in agricultural capital construction and rural relief costs hinder increase of farmers' income.The results of pulse response analysis indicate that the change in support of agricultural production and various agricultural operating expenses have positive impact on farmers' net income,and the impact is greater and greater from the second year;the response of expenditure in agricultural capital construction and rural relief cost is positive in the beginning and starts to fluctuate from the third year;the pulse response of three types of costs for agricultural science and technology is negative,lasts about five periods,and then turns to positive impact.Finally,combining characteristics of China's financial support for agriculture,it concludes that the scale,proportion and structure of financial support for agriculture are quite improper.

Agricultural policy reforms and WTO commitments on domestic support in Japan

The purpose of this paper is to provide a comprehensive review of Japan＇s agricultural domestic policy since 1995 in the context of the current international negotiations in the WTO Doha Round, which has as one aim further reductions of trade-distorting support among member countries. Apparently, Japan＇s attitude towards agricultural domestic policy reform is one of compliance with the WTO, which requests member countries to reduce their Aggregate Measure of Support （AMS） through trimming trade-distorting （amber box） support and/or transforming traditional-type agricultural subsidies to decoupled-type ones. Japan reduced its amber box support by nearly 80 percent between 1995 and 2000. This drastic reduction is mainly attributable to Japan＇s removal of rice from the amber box in 1998. In addition, following the WTO＇s principle of decoupling, Japan launched an extensive agricultural subsidy reform in 2007. This paper, however, shows the ironical realities of Japanese agricultural policy. Neither a sharp reduction of amber box support nor Japan＇s 2007 reform necessarily means there will be a reduction of trade-distorting effects. On the contrary, the 2007 reform may in fact stimulate domestic rice production.

An Agent-based Simulation Model of Wheat Market Operation:The Benefit of Support Price

Grain security is one of the most important issues worldwide.Many developing countries,including China,have adopted the Agriculture Support Price(ASP)program to stimulate farmers’enthusiasm for growing grain,to ensure self-sufficiency in grain and the stable development of the grain market.To propose decision support for the government in designing a more reasonable support price in the ASP program,we formulate an agent-based model to simulate the operation of the wheat market in the harvest period.To formulate the formation process of the market price influenced by farmers’expected sale price,processors’expected purchase price,and the ASP,the time series and regression methods are adopted.Based on the proposed market price model,to quantitatively analyze the grain transaction process and the ASP program’s impacts on market agents,we develop an agent-based simulation model to describe the adaptive evolution and interaction among market agents.Furthermore,we validate and implement the simulation model with public wheat market data.Finally,insights and suggestions about the decision of the ASP program are provided.