Influence of Rural Financial Institutions on the Progress of Rural Technology

摘要

Technological progress is the key factor to influence economic growth. This article uses Empirical Analysis to analyze the relationship between rural technological progress and rural financial institution and finds that there exists one-way causal relationship between them in China. The progress of rural technology can promote the development of rural financial institutions, but the development of rural finance has not brought the progress of rural technology. It is necessary to deepen the reform of rural financial institutions, to promote the progress of rural technology.