非对称信息条件下的土地流转收益保证贷款研究

The Study on Land Circulation Revenue Loan on Guarantee in the Information Asymmetry

在信息不对称条件下的传统农地信贷市场中,银行与农户经过多轮博弈,金融交易仍难达成,土地资源错配严重。为深化农村金融改革,激发农村经济活力,针对农地金融贷款难问题,四川省创新性引入第三方中介,即融资性担保公司为农户提供借款担保,该融资方式称为土地流转收益保证贷款。运用博弈论理论与方法分析传统农地贷款和土地流转收益保证贷款两种模式下,相关利益方的博弈行为与期望收益。证明了后者优于前者,得出土地流转收益保证贷款可持续发展的关键是建立健全土地承包经营权流转市场。

In the traditional farmland credit market with the information asymmetry, it is still quite difficult to reach the financial transactions after many rounds of games or conflicts between the banks and the farmers. There is still a severe mismatch in land resources. To deepen the rural economical reform and to activate the vitality of the rural economy, Sichuan Province creatively phased in the third party as the intermediary which is called financing security company to solve the hardship in the farmland lending. The company provides loan guarantee for the farmers and this financing way is called land circulation revenue loan on guarantee. The Game Theory is mainly used in this article to analyze the game actions and expected revenue of the relevant parties under the mode of traditional farmland loan and the land circulation revenue loan on guarantee. Finally, this paper proves that land circulation revenue loan on guarantee is better than traditional farmland loan. In addition, this paper also proves that the key to the sustainable development of the land circulation revenue loan on guarantee is to establish a sound and healthy circulation market of the right to land contractual management.