农户信贷配给及其福利损失——基于面板数据的分析

The Credit Rationing of Chinese Rural Households and Its Welfare Loss

本文采用2003～2009年我国1000个样本农户的调查数据,估计农户遭受信贷配给的程度及其对农户家庭净收入和消费支出的影响。研究发现,64.5%的农户受到信贷配给,其中54.0%的农户受到完全配给,10.5%的农户受到部分配给;信贷配给使农户家庭净收入和消费支出分别减少18.5%和20.8%。

Using recent survey data of 1000 Chinese rural households from 2003 to 2009, we estimate the extent of credit rationing which Chinese rural households suffer from, and its impact on the net income and consumption expenditure of Chinese rural households. Estimation results reveal that 64. 5% of Chinese rural households are rationed in credit markets, among them 54. 0% are completely rationed, and 10. 5 % partially rationed; the credit rationing decreased the net income and consumption expenditure of Chinese rural households by 18. 5 % and 20.8% respectively.