普惠金融对农村家庭金融市场参与的影响路径——基于大兴安岭南麓集中连片特困区“金惠工程”基线调查数据分析

The Impact Path of Inclusive Finance on Rural Family Financial Market Participation——Based on the Analysis of the Baseline Survey Data of the“Jinhui Project”in the Concentrated Contiguous Poverty-stricken Area of the Southern Foot of the Daxinganling

普惠金融对农村家庭金融市场参与有显著影响,对于不同的金融市场,其影响路径则有不同。采用调研数据,通过构建logit模型和probit模型,分析普惠金融对农村家庭金融市场参与的影响。研究表明:普惠金融对农村家庭参与信贷市场和数字支付的影响是直接的,即普惠金融发展直接提高农村居民参与率,进而增加农村家庭收入。而普惠金融对农村居民参与理财市场和保险市场的影响则是间接的,即首先通过普惠金融促进农村居民家庭收入提高,进而提高其参与率。不论是何种路径,普惠金融都可以促进农村家庭收入提高,这也是我国大力推动普惠金融发展的目的和意义之所在。

Inclusive finance has a significant impact on the participation of rural households in the financial market.For different financial markets,the impact path is different.Based on survey data,a study is conducted in this paper to analyze the impact of inclusive finance on rural family financial market participation by constructing a logit model and a probit model.The result shows that inclusive finance has a direct impact on rural family participation in the credit market and digital payments.The development of inclusive finance directly increases the participation rate of rural residents thereby increasing rural household income.However,inclusive finance has an indirect impact on rural residents'participation in the wealth management market and insurance market.That is,first of all,inclusive finance could raise the income of rural family,and then the rural family participation rate could be increased.Regardless of the path,inclusive finance can promote the increase of rural household income,which is the purpose and significance of vigorous promotion of inclusive finance in China.