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Threshold Effect of Circulation Industry in the Development of Agricultural Modernization Promoted by Urbanization
Author(s): 
Pages: 149-161
Year: Issue:  4
Journal: Finance & Trade Economics

Keyword:  UrbanizationAgricultural ModernizationCirculation IndustryThreshold Effect;
Abstract: This paper explores the theoretical framework of the threshold effect of circulation industry in promoting the development of urbanization and agricultural modernization,puts forward research hypothesis and conducts empirical analysis by the threshold model with China’s provincial panel data from 2000 to 2013.The results find that the development level of circulation industry can significantly influence the stability of urban agglomeration in regional economy which indicates that circulation industry exerts significant threshold effect on the development of agricultural modernization promoted by urbanization.When the development level of circulation industry has not reached the threshold,the promotion effect of urbanization on agricultural modernization is not significant;while the level reaches the threshold,the effect will be significant.
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