An Empirical Study on the Relationship between Farmers' Income Increase and Primary Industry in Zhanjiang City

Abstract

This article briefly introduces the 25 themes of the "No. 1 Document" of the CPC Central Committee. Based on the data of farmers' income, agriculture, forestry, animal husbandry and fishery, and agriculture, animal husbandry and fishery service in Zhanjiang City, Guangdong Province from 1978 to 2021, this paper conducted an empirical study on the relationship between the primary industry and farmers' income in Zhanjiang City. In the empirical analysis, first of all, the stationarity test of the data was carried out, the EG co-integration modeling was carried out, the stepwise regression method was used to eliminate multicollinearity, and the generalized difference method was used to eliminate sequence correlation, and the optimized model was obtained. The results show that the total output value of agriculture and fishery has no significant effect on the increase of farmers' income in Zhanjiang City. Forestry, animal husbandry, agriculture, forestry, animal husbandry and fishery services have a significant impact on farmers' income. The total output value of forestry, animal husbandry and agriculture and the service industry of forestry, animal husbandry and fishery increased by 1%, and the income of farmers increased by 0.429%, 0.240% and 0.619%, respectively. The impact of agriculture and fishery on per capita disposable income in Zhanjiang rural areas is lagging, with a maximum lag of 9 years. Accordingly, the corresponding policy suggestions are put forward.