农地抵押贷款缓解种粮大户正规信贷约束了吗--基于辽宁省434户种粮大户的实证分析

Are Farmland Mortgages Mitigating the Formal Credit Constraints?——Empirical Analysis of 434 large Grain producers in Liaoning Province

本文基于粮食主产区辽宁省种粮大户的数据,运用Heckman两阶段模型,探究种粮大户信贷约束程度及农地抵押贷款对其影响。研究发现,辽宁省种粮大户的信贷约束程度为70.69%,其中开展农地抵押贷款试点地区种粮大户的信贷约束程度为62.74%,而未开展试点地区信贷约束程度为74.78%。计量结果显示,农地抵押贷款的开展对种粮大户信贷约束程度影响显著,且在其他条件不变的前提下,开展农地抵押贷款地区的种粮大户受到信贷约束的程度要比未开展地区低12.31%。

Based on the data from major grain-producing areas in Liaoning province,this paper uses the Heckman two-stage model to explore the impact of farmland mortgage on the credit constraint of large grain production households.The study finds that the credit constraint degree of large grain production households in Liaoning is 70.69%,of which 62.74%is the credit constraint of large grain production households in the pilot area of farmland mortgage,and 74.78%in the uncaring-out pilot area.The results show that the implementation of farmland mortgage loans has a significant impact on the degree of credit restriction of large grain production households.All other things being equal,the degree of credit restriction in farmland mortgage areas is 12.31%lower than that in the undeveloped areas.