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This study utilizes micro-level farm panel data from 2007 to 2012 to measure the technical efficiency of grain production among farms using a stochastic frontier analysis model. Additionally, it employs a two-way fixed effects model to empirically investigate the impact of fiscal support for agriculture on grain production technical efficiency and its underlying mechanisms. The results reveal significant room for improvement in the technical efficiency of grain production among Chinese farms, with increased fiscal support for agriculture demonstrating a substantial enhancement of their efficiency. This promoting effect only exists in the major grain-producing areas and increases with the increase of farm size. The augmentation of fiscal support for agriculture achieves this goal by augmenting modern agricultural input factors, alleviating financing constraints faced by farms, and optimizing agricultural production infrastructure. Our findings provide guidance for optimizing fiscal policy to support agriculture, promoting agricultural modernization, and achieving food security.

The integration of the primary, secondary, and tertiary industries in rural areas, known as three-industry integration, is a crucial strategy for developing rural industries and implementing the rural revitalization initiative in China. The government's fiscal support for agriculture serves as a cornerstone for the sustainable development of agriculture and rural regions. This study investigates the mechanisms through which fiscal support for agriculture facilitates the integration of the rural three-industry sectors by driving industrial innovation, enhancing the circulation of production factors, and optimizing resource utilization in rural areas. Using panel data from 30 provinces in China spanning from 2008 to 2020, we evaluate the level of three-industry integration in rural areas using an entropy method and analyze the effects of fiscal support for agriculture on this integration. Our findings reveal that: (1) fiscal support for agriculture significantly promotes the incorporated development of rural three-industry integration in China by acting as a catalyst for horizontal and vertical integration; (2) fiscal support enhances rural infrastructure quality, fosters market connectivity, and attracts business clusters, while also optimizing factor markets and facilitating the efficient allocation of land, finance, and resources, thereby enabling new business entities, such as leading enterprises, to benefit from economies of scale and to expand the rural industrial value chain; (3) the effects of fiscal support for agriculture exhibit significant regional and agricultural development heterogeneity, with Central China and major agricultural provinces demonstrating the most pronounced role in promoting rural three-industry integration. [ABSTRACT FROM AUTHOR]

The integration of the primary, secondary, and tertiary industries in rural areas, known as three-industry integration, is a crucial strategy for developing rural industries and implementing the rural revitalization initiative in China. The government’s fiscal support for agriculture serves as a cornerstone for the sustainable development of agriculture and rural regions. This study investigates the mechanisms through which fiscal support for agriculture facilitates the integration of the rural three-industry sectors by driving industrial innovation, enhancing the circulation of production factors, and optimizing resource utilization in rural areas. Using panel data from 30 provinces in China spanning from 2008 to 2020, we evaluate the level of three-industry integration in rural areas using an entropy method and analyze the effects of fiscal support for agriculture on this integration. Our findings reveal that: (1) fiscal support for agriculture significantly promotes the incorporated development of rural three-industry integration in China by acting as a catalyst for horizontal and vertical integration; (2) fiscal support enhances rural infrastructure quality, fosters market connectivity, and attracts business clusters, while also optimizing factor markets and facilitating the efficient allocation of land, finance, and resources, thereby enabling new business entities, such as leading enterprises, to benefit from economies of scale and to expand the rural industrial value chain; (3) the effects of fiscal support for agriculture exhibit significant regional and agricultural development heterogeneity, with Central China and major agricultural provinces demonstrating the most pronounced role in promoting rural three-industry integration.

The policy guidance and financial support for industrial development from public finance provide an important guarantee for practicing green and circular development of agriculture. By sorting out the development context of fiscal support for agriculture in Henan province in different historical stages, this paper analyzes the development status of fiscal support for agriculture and the agricultural circular economy in the province. Relying on data envelopment analysis (DEA), it measures the efficiency of the agricultural circular economy in Henan province in 2013–2019 using the Charnes, Cooper, and Rhodes (CCR) model, the Banker, Charnes, and Cooper (BCC) model, and super-efficiency DEA models and empirically analyzes the effect of the fiscal expenditure for supporting agriculture on the efficiency of the agricultural circular economy using the fixed effect model. According to the results, (1) the expenditure on comprehensive agricultural development of Henan Province was mainly supported by the government's fiscal funds to such a degree that the proportion of fiscal funds from the central government exceeded 40% throughout the year. Particular stress was laid on the land governance projects of comprehensive agricultural development in the province. (2) The overall development level of the agricultural circular economy in Henan Province was low, and there were considerable gaps between cities (counties). Under the super-efficiency DEA model, only Hebi City, which ranked first in terms of average efficiency, achieved relative efficiency. (3) The fiscal expenditure for supporting agriculture had a positive incentive effect on the efficiency of the agricultural circular economy in Henan province, and the incentive effect became more significant after the time effect was controlled. Accordingly, this paper puts forward some targeted policy suggestions, which enrich the existing research on fiscal support for agriculture and agricultural circular economy at both theoretical and practical levels. [ABSTRACT FROM AUTHOR]

The policy guidance and financial support for industrial development from public finance provide an important guarantee for practicing green and circular development of agriculture. By sorting out the development context of fiscal support for agriculture in Henan province in different historical stages, this paper analyzes the development status of fiscal support for agriculture and the agricultural circular economy in the province. Relying on data envelopment analysis (DEA), it measures the efficiency of the agricultural circular economy in Henan province in 2013–2019 using the Charnes, Cooper, and Rhodes (CCR) model, the Banker, Charnes, and Cooper (BCC) model, and super-efficiency DEA models and empirically analyzes the effect of the fiscal expenditure for supporting agriculture on the efficiency of the agricultural circular economy using the fixed effect model. According to the results, (1) the expenditure on comprehensive agricultural development of Henan Province was mainly supported by the government’s fiscal funds to such a degree that the proportion of fiscal funds from the central government exceeded 40% throughout the year. Particular stress was laid on the land governance projects of comprehensive agricultural development in the province. (2) The overall development level of the agricultural circular economy in Henan Province was low, and there were considerable gaps between cities (counties). Under the super-efficiency DEA model, only Hebi City, which ranked first in terms of average efficiency, achieved relative efficiency. (3) The fiscal expenditure for supporting agriculture had a positive incentive effect on the efficiency of the agricultural circular economy in Henan province, and the incentive effect became more significant after the time effect was controlled. Accordingly, this paper puts forward some targeted policy suggestions, which enrich the existing research on fiscal support for agriculture and agricultural circular economy at both theoretical and practical levels.