互联网使用与家庭融资行为研究——基于中国家庭动态跟踪调查数据的实证分析

Internet Use and Household's Financing Behaviors: An Empirical Analysis Based on the Data from Chinese Family Panel Studies

基于2014年中国家庭追踪调查数据,通过考察互联网使用对家庭融资行为的影响及其机制发现:互联网使用显著提高了家庭正规融资可得性及融资额,却显著降低了家庭非正规融资可得性;互联网使用显著提升了城镇家庭和农村家庭正规融资可得性,并显著抑制了农村家庭非正规融资可得性;互联网使用显著提升了城镇家庭正规融资额并显著降低了城镇家庭非正规融资额,但对农村家庭正规融资额和非正规融资额均没有显著影响;互联网使用主要通过信息搜寻效应和社会网络效应影响家庭融资行为。为此,必须高度重视互联网的非正规金融治理效应,充分发挥互联网在乡村振兴中的积极作用,积极推进农村金融服务供给的互联网化。

This paper examines the impact of internet use on household’s financing behavior and its mechanism based on the data of Chinese Family Panel Studies (CFPS) 2014. The results show that the use of Internet has significantly improved the accessibility to formal family financing and the amount of financing, while significantly reduced the accessibility to informal family financing. The use of Internet has significantly improved the accessibility to formal financing for urban and rural families, and has significantly inhibited the availability of informal financing for rural families. The use of In-ternet has significantly increased the amount of formal financing for urban families and has signifi-cantly reduced the amount of informal financing for urban households, but it has no significant effect on the amount of formal financing or informal financing for rural households. Family financing behav-iors are affected by the use of Internet mainly through information search effect and social network effects. Therefore, the government should pay close attention to the informal financial governance ef-fect of Internet, give Internet a full play in the revitalization of rural areas, and actively boost the In-ternet-oriented rural financial service supply.