林权抵押贷款对农户福利影响研究

The Impact of Forestry Property Mortgage Loan over Households' Welfare

通过对浙江丽水林权抵押贷款调查,运用内生转换模型分析了林权抵押贷款对农户收入波动的影响。研究认为,丽水模式通过林权抵押贷款模式创新,降低了交易成本,提高了交易效率,但农户信贷约束依然存在,放松贷款条件可以显著增加农户福利。

This paper investigates the development of forestry property mortgage loan of Lishui City in Zhejiang Province, and analyzes its impact over the income fluctuation of households. It shows that the innova- tion of Lishui mode has stimulated household＇s credit demand, reduced the transaction cost, and improved the efficiency of transactions. However, through the field survey and the credit constraint recognition mechanism, this paper finds that the credit constraint still exists. The empirical results show that the constrained house- holds can significantly improve their income if supported by financial institution.