农村正规金融与非正规金融的减贫效应——基于PVAR模型的经验分析

Poverty Reduction Effect of Rural Formal and Non-formal Finance:Empirical Analysis Based on PVAR Model

采用面板向量自回归模型(PVAR)来研究农村正规金融、非正规金融发展的减贫效应。研究发现,农村正规金融发展存在一定的当期减贫效应,但持续减贫效应不显著。具体表现为仅在缓解农村贫困人口之间收入不平等程度上发挥了积极效应,而对减少农村绝对贫困人口数量和缓解农村贫困人口的收入短缺程度上没有发挥积极效应。农村非正规金融发展不仅具有较强的当期减贫效应,而且具有长期持续的减贫效应。其降低农村绝对贫困程度的效应要大于降低农村贫困人口相对收入短缺和收入不平等程度的效应。

In this paper , we use panel vector auto-regression model （PVAR ） to study poverty reduction effect of rural formal and non-formal finance .The results show that the poverty reduction effects from formal financial is only significant in reducing the poverty among poverty people ,and no positive effect on reducing number of people of the extent of absolute poverty and revenue shortfall of poor rural people .Non-formal rural financial development not only has a strong effect of the synchronous poverty reduction ,but also has long-term sustainability of poverty reduction effects .Its reduced the degree of absolute poverty in rural areas is greater than the effect of reducing relative income shortfall rural poor people and income inequality .