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The Economic Model of Rural Supply and Demand Under the Data Analysis Function Based on Ordered Probit

Authors :
Fu Aimin
Aldulaimi Saeed Hameed
Rashid Audil
Source :
Applied Mathematics and Nonlinear Sciences, Vol 8, Iss 1, Pp 979-988 (2023)
Publication Year :
2023
Publisher :
Sciendo, 2023.

Abstract

Under the background of the marketization of agricultural products, the lack of farmers’ risk analysis mechanism has resulted in a structural imbalance between the supply and demand of funds in rural areas. The increase of the rural economy is significant to social development and stability. Then the article uses the ordered Probit model to carry out statistical regression analysis on the rural economic samples. The study found that the lack of supply institutions, the incompatibility of loan supply and demand, and the single type of insurance caused the development of the rural economy to be limited.

Details

Language :
English
ISSN :
24448656
Volume :
8
Issue :
1
Database :
Directory of Open Access Journals
Journal :
Applied Mathematics and Nonlinear Sciences
Publication Type :
Academic Journal
Accession number :
edsdoj.10cdaaf9458141398be5eece31e54783
Document Type :
article
Full Text :
https://doi.org/10.2478/amns.2022.2.0084