| The study analyzed the dynamic effect of agricultural science and technology investment on the agricultural products price by using vector autoregressive model, pulse analysis and variance decomposition methods. The results showed that the investment of agricultural science and technology had a delayed and long-term positive influence on agricultural product prices, and agricultural prices immediately generated positive effects on the investment of agricultural science and technology. The long-term impact between them was more significant and more stable. Based on the empirical results, this paper put forward policy suggestions such as stabilizing the price of agricultural production, perfecting the long-term mechanism of investment in agricultural science and technology whose main body is government, increasing the agricultural investment in science and technology, strengthening the team construction of agricultural science and technology and so on. |
