关系强度、融资渠道与农户借贷福利效应——基于信任视角的实证研究

Tie Strength, Financing Channels and the Welfare Effects of Farmers' Borrowing Behavior:An Empirical Study from the Perspective of Trust

本文在社会资本视角下,基于江西省726个样本农户的调查数据建立结构方程模型,分析了关系强度、融资渠道与农户借贷福利效应之间关系的内在机理。研究表明:农户借贷行为的发生更多地依赖于其关系网络中的关系强度,关系网络在农户借贷交易中发挥重要作用;人际信任和制度信任在关系强度对组织型正规借贷和关系型民间借贷的影响中均具有显著作用;人际信任对关系型民间借贷的作用大于对组织型正规借贷的作用,制度信任对组织型正规借贷的作用大于对关系型民间借贷的作用;虽然关系型民间借贷的发生频次大于组织型正规借贷,但由于信贷资金数量和用途上的差异,正规信贷更有利于提高农户借贷福利效应。

This article establishes a structure equation model to analyze the intrinsic mechanism between tie strength, financing channels and the welfare effect of farmers' credit from the perspective of social capital, based on a survey data of 726 farmers in Jiangxi Province. Research results show that the occurrence of farmers' borrowing behavior is more dependent on the intensity of social network relationship, which becomes an important link of farmers' credit transactions. Interpersonal trust and institutional trust have a significant effect on the relationship between the intensity and informal and formal lending of rural households. Interpersonal trust influences relational private lending more than organizational formal lending. Institutional trust plays a more important role in organizational formal lending than relational private lending. Although relational private lending happens more frequently than organizational formal lending, formal credit is more beneficial to increasing the welfare effect of farmers' borrowing behavior due to thedifferences in the amount and use of credit funds.