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

Author:

Fu Aimin1,Aldulaimi Saeed Hameed2,Rashid Audil3

Affiliation:

1. School of Economics and Management, Henan Institute of Science and Technology , Xinxiang , , China

2. College of Administrative Sciences , Applied Science University , Bahrain

3. College of Business Administration , American University of the Middle East , Egaila , Al Ahmadi , Kuwait

Abstract

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.

Publisher

Walter de Gruyter GmbH

Subject

Applied Mathematics,Engineering (miscellaneous),Modeling and Simulation,General Computer Science

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