非正规金融与农户借贷行为

On the Informal Finance and Farmer's Borrowing Behaviors

本文基于来自中国8个省的农户家庭贷款的微观数据,对农户贷款需求以及分别向正规金融机构和非正规金融渠道获得贷款的情况进行计量分析。主要研究了家庭特征对于农户贷款行为的影响,并发现除了农户的家庭经济状况之外,农户的家庭结构和人口特征也会对贷款需求以及农户在正规和非正规金融渠道之间的选择有所影响。此外,法制环境也会影响农村正规金融的发展,法制意识较强的农户更加倾向于选择正规机构。最后,我们发现相比于一般农户,有特殊地位的农户更容易从正规机构获得贷款。

Based on the survey data collected from eight provinces in China, the paper empirically analyzes the borrowing behaviors of rural households in both formal and informal credit markets. The authors find that rural household borrowing behaviors are influenced by the family＇s demographics as well as socio-economic condi- tions. Besides, the legal environment also affects the development of the formal financial market, as those who have a better understanding of the legal system have a greater tendency of choosing the formal loans rather than informal ones. The authors also find that those who have political status have an advantage in getting formal loans from banks.