摘要
流动性约束对中国农户创业行为有着切实的阻碍作用。通过分别利用"家庭土地出租收入"和"礼金收入"作为工具变量来克服流动性约束变量的内生性问题,基于晋、甘、浙三省农户的研究表明:流动性约束对中国农民是否选择创业以及选择何种创业类型具有显著的、一致的阻碍作用;此外,只有源于正规金融部门的流动性约束才对农户是否选择创业和创业类型产生抑制性作用,而非正规金融部门的流动性约束则不会对农户创业行为产生抑制作用。因此,旨在增加农民收入的创业扶持政策应该更加注重畅通农户通过正规金融渠道缓解流动性约束,而不应过分强调非正规金融渠道的作用。
Liquidity constraints have a real impediment to entrepreneurship behavior of Chinese peasant households. Through the use "family income of land rent" and "gift" respectively as a tool variable to overcome problems that liquidity constraints is endogenous variables. Based on the empirical research of peasant households of Shanxi, Gansu and Zhejiang provinces, this paper shows that:Liquidity constraints play significantly a deter role to Chinese peasants when they choose entrepreneurship. Only liquidity constraints from formal financial departments play a deter role, but the informal financial departments can not. Therefore, entrepreneurship support policies which aim to increase farmers' income should pay more attention to the role of formal financial channel which relieves peasant′s liquidity constraints, and should not emphasize the role of non-formal finance.
出处
《财贸研究》
CSSCI
2011年第3期28-35,60,共9页
Finance and Trade Research
基金
国家自然科学基金项目"全球化与本地化交互作用背景下的地区创业差距生产机制研究"(项目编号:40971080)
中国人民大学研究生科学研究基金项目"社会资本
金融供给和区域创业差距的生成机制研究"(项目编号:10XNH074)的成果
关键词
流动性约束
创业选择行为
农户
liquidity constraints
entrepreneurship choice behavior
peasant household