Research on the Government Agriculture Investment Efficiency under 'China's New Normal'

摘要

This paper analyzes the current situation of China's government investment in agriculture under the new economic norm and uses the VAR model to estimate the equilibrium relationship between total agricultural output value, agricultural and forestry meteorological expenditure, agricultural capital construction expenditure, agricultural science and technology cost and agricultural comprehensive development fund. The results show that the investment of agricultural science and technology has an obvious effect on the total agricultural output value under the new economic norm. The conclusion will provide a reference for the formulation of relevant agricultural investment policies in China.