An Empirical Research of Sichuan Rural Financial Development and Economic Growth

Based on the theory of endogenous economic growth model, this paper is an empirical analysis of the financial development from 1985 to 2009 and of the economic growth in rural areas. The empirical results show that Sichuan Rural Finance Development and Rural Economic growth is positively correlated, that is, if the development of rural finance is in good condition, it can effectively promote the faster development of the rural economy; If not, it will restrict the rural economic growth. Finally, strategies and recommendations are made for the encountered problems in the development of rural economy and finance of Sichuan.