Based on the panel data of 29 Chinese provinces from 1997 to 2014,this paper comprehensively uses a variety of measurement methods to test the effect of financial support for agriculture on the increase of peasants' income. The empirical results show that the effect of financial support for agriculture is restricted by the institutional environment. In provinces with poor institutional environment,the poverty reduction effect of financial support is not sufficient,with the gradual improvement of the institutional environment,financial support ...