〔编者按〕农业是国民经济的基础，如何通过农业投资政策的协调来有效地推进农业经济稳健发展，这是一个尚待完全破题的大文章，本文从跨度较大的历史背景和计量分析方法着手，对农业投资循环增长的内在机制作了一番探讨，藉此寻求相应的财政分配政策，以减轻其循环增长对农业 [Editor’s note] Agriculture is the basis of the national economy, how to effectively promote the sound development of agricultural economy through the coordination of agricultural investment policies, which is a large article yet to be completely broken topic. This article from the larger historical background and econometric methods Proceed with the inherent mechanism of the cyclical growth of agricultural investment was explored in order to seek the appropriate financial distribution policy to reduce its cycle of growth in agriculture