城镇化背景下农村异质性金融需求制度实证研究——基于金融排斥的视角

Empirical Research on the System of Rural Heterogeneous Financial Demand under the Background of Urbanization ——Based on the Perspective of Financial Exclusion

金融排斥的存在使城镇化背景下农村异质性金融需求得不到满足,真正服务于异质性金融需求的金融供给制度严重缺位。利用VAR模型对现行金融制度下农村异质性金融需求满足度与农村经济增长的关系进行实证检验,结果表明:城镇化背景下现行的农村金融服务制度特别是农村正规金融一直处于"需求追随"地位,远远滞后于农村经济的增长,在很长时期内对农村经济增长起显著阻碍作用;必须创新一种既不同于农村正规商业性金融制度,又区别于传统农贷系统的金融制度。

The existence of financial exclusion leads to the insufficient heterogeneous financial demand in rural areas under the background of urbanization, which further leads to the lack of a financial supply system that serves heterogeneous financial demand. An empirical analysis is made on the relationship between the satisfaction degree of rural heterogeneous financial demand and rural economic growth under the current financial system by using the VAR model, and the results show that under the background of urbanization, the present rural financial system, especially the rural formal finance has been in a ＂demand following＂ status, which lags far behind the growth of the rural economy. The system has had negative impact on the rural economic growth in a long period of time. Therefore, a new financial system which is different from the rural formal commercial financial system as well as the traditional agricultural credit system should be innovated.