融资约束对农村人口收入状况的影响研究

The Study on the Influence of Financing Constraints on the Income Status of Rural Population

论文以融资约束对农村人口收入状况的影响作为研究主题。首先,从家庭融资约束和企业融资约束的角度分别对农村人口收入状况的影响进行了理论分析;其次,基于2012、2014、2016和2018年的CFPS数据进行了实证研究;最后,为确保回归结果的真实性,进行了一系列稳健性检验。研究结果表明,农村家庭融资约束的放松,首先可通过财富配置效应、投资生产效应和人力资本效应改善收入状况;其次可通过放松流动性约束和提升劳动力需求达到改善收入状况的效果;最后,既能提高农村人口收入总额,也能提升收入满意度水平。

This paper focuses on the impact of financing constraints on the income status of rural population.Firstly,the impacts of family financing constraints and enterprise financing constraints on the income of rural population are theoretically analyzed.Secondly,an empirical test is conducted based on the 2012,2014,2016 and 2018 CFPS.Finally,a series of robustness tests are conducted to ensure the authenticity of the regression results.The results are as follows.First,the relaxation of rural household financing constraints can improve the income status through wealth allocation effect,investment production effect and human capital effect.Second,the relaxation of rural enterprise financing constraints can improve the income status by relaxing liquidity constraints and increasing labor demand.Third,the relaxation of financing constraints can increase both the total income of the rural population and the level of income satisfaction.