Regional Business Environment, Agricultural Opening-Up and High-Quality Development: Dynamic Empirical Analysis from China’s Agriculture

Abstract

Agriculture is the foundation of every country’s survival and development. This paper analyzes the interaction between the business environment, agricultural opening-up and high-quality agricultural economy from the perspective of China’s provinces. According to the panel data of 31 provinces and municipalities in China from 2009 to 2019, the empirical analysis was carried out based on the panel vector autoregression (PVAR) model. The results show that there is a quantitative interaction between China’s business environment, agricultural opening-up and high-quality agricultural development, and the long-term time effect is very obvious. Specifically, (1) the impact of the business environment and the high-quality development of agriculture on itself is decreasing year by year. The agriculture opening-up itself has a strong impact and has always maintained strong stability. (2) The high-quality development of the agricultural economy has little impact on the business environment and the opening of agriculture to the outside world, but it has a certain stable and continuous effect. It is particularly important that the agricultural opening-up has an increasingly strong effect on the business environment and the high-quality development of the agricultural economy as time progresses. Therefore, we must always adhere to the agriculture opening-up. The regional business environment and the agriculture opening-up can jointly promote the high-quality development of the agricultural economy. The research results can provide a basis and reference for the central and local governments to formulate relevant agricultural development policies and provide a reference for relevant agricultural economic entities and enterprises.