放宽市场准入、信贷技术创新与农村小微企业融资

Market Access Relaxing,Credit Technology Innovation and Financing of Small and Micro Enterprises in Rural Areas

本文采用2003-2011年江苏省48个县域241家金融机构的面板数据,实证分析放宽农村金融市场准入对农村金融机构信贷技术创新行为以及农村小微企业融资的影响机制及其影响结果。研究显示:市场逐步开放驱动了农村金融机构的信贷技术创新行为,通过信贷技术创新降低企业贷款风险和交易成本,提高了农村小微企业的信贷可获得性,缓解了农村小微企业的融资困境。因此,应进一步开放农村金融市场,深化农村金融的存量与增量改革,从政策上引导和鼓励农村金融机构采用并不断创新与小微企业融资特征相匹配的信贷技术,以促进农村小微企业信贷可获得性的提高和融资成本的降低。

This paper empirically examines the effect of market access relaxing on credit technological innovation of rural financial institutions and financing of small and micro enterprises in rural areas.The results show that gradually opening the rural market promotes technological innovation of rural financial institutions. With credit technology innovation,it can reduce loan risk and transaction costs,and ultimately improve credit availability of the small and micro enterprises in rural areas.Therefore,we should further relax the restrictions on rural financial market access,deepen the reform of rural finance,guide and encourage rural financial institutions to create and adopt new credit technology for small and micro enterprises in rural areas,improve credit availability,and reduce the financing costs of small and micro enterprises.