Agricultural-related Loans and Rural Revitalization—Data from Yunnan Province

Abstract

The No.1 Document of the Central Government was officially released recently, calling for continuous investment of financial and social capital in agriculture and rural areas. Based on Yunnan Province, starting from the five contents of rural revitalization strategy, this paper selects 17 secondary indicators to construct the comprehensive index of rural revitalization in Yunnan Province, meanwhile, constructs the index of agriculture-related loan from the dimensions of scale and efficiency. On this basis, the relationship between these two indices is investigated empirically. The results show that the level of rural revitalization in Yunnan Province continues to improve, and the input level, scale and efficiency of rural loans all positively impact the development of rural revitalization, among which the effect of efficiency is the most significant. At the same time, the input level of rural loans also has a positive impact on industrial prosperity, the basic requirement of rural revitalization.