信贷约束视角下的农地流转研究

A Study on Farmland Transfer from the Perspective of Credit Constraint

本文以农村金融理论为基础，运用规范分析法分析了银行贷款、农地流转和新型农村城镇化三者间的关系。其中重点结合资本投入产出函数和财务“死亡谷曲线”，对银行贷款在促进农地流转、加快城镇化建设过程中发挥的作用进行了理论分析。针对现实中银行在农地流转和城镇化建设中作用发挥并不充分的问题，本文以西部地区（除西藏外）数据作为研究对象，运用probit模型对影响农地流转贷款意愿和需求的因素进行了实证分析。分析结果显示．信贷约束是导致农地流转和城镇化建设中银行作用发挥不充分的主要因素。最后，本文结合西部地区实际和农村“三权②抵押”的进展，提出了相关的政策建议。

This paper analyzes the relationships among bank loan, farmland transfer and new urbanization with a normative approach based on rural finance theory. It combines the input and output function of capital with the ＂dead valley curve＂ in finance to theoretically analyze the importance of bank loans in promoting farmland transfer and accelerating urbanization. In order to understand how to motivate banks, this paper uses Probit models to analyze factors that affect the demand of loans for farmland transfers with data collected from western provinces （excluding Xizang）. The results show that credit constraint is the major reason banks cannot function well in promoting land transfer and urbanization. This paper also proposes some policy suggestions based on the reality of western provinces and the current status of using three intangible assets as collaterals.