| 【Objective】Since the reform and opening up in Guangdong Province, rural financial credit has become
increasingly prominent in modern rural development. This paper analyzed the relationship between rural financial credit
and economic growth since the reform and opening up of Guangdong Province in order to provide reference for the future
rural economic growth. 【Method】This paper analyzed the current situation of rural financial credit and rural economy
development in Guangdong Province from the perspectives of theory and present situation with descriptive research method
and literature research method. Based on the data since the reform and opening up, this paper analyzed the scale, efficiency
and structure of rural financial credit in Guangdong Province, and made an empirical analysis with Eviws7.2. The stationary
test of the data was carried out and processed to establish the Var model. The relationship between the two was explored
by Granger causality test and the impulse response diagram.【Result】It was found that the scale and efficiency of rural
financial credit had a significant impact on the growth of rural economy while the structure had a relatively weak impact on
that. In the long run, the three dimensions of rural credit will have certain impact on the rural economy. 【Conclusion】
Under the guidance of government, we should expand the scale of rural credit, improve the efficiency of rural credit,
strengthen supervision upon rural credit and establish a perfect guarantee mechanism. |
