小额信贷与农户收入增长关系研究——基于PSM模型的经验证据分析

Research on the Relationship between Micro-credit and Farmers'income Growth——Empirical Evidence Analysis Based on PSM model

小额信贷作为一种有效的金融扶贫方式,对实现农户稳定增收,增强贫困户脱贫致富内生动力具有重要意义。本文利用我国首个信用县的微观数据,运用倾向得分匹配法(PSM)分析小额信贷对农户增收效应。研究表明:小额信贷对农户收入增长具有明显的正向激励效应。通过对农户收入增长率进行稳健性检验,进一步验证上述结论。针对研究结论提出:在扶贫攻坚的关键时期,重视小额信贷在支持乡村振兴、促进农户增产增收方面的作用,加快完善农村信用体系、建立健全中小农村金融机构,为小额信贷深度参与扶贫攻坚创造条件。

Micro-credit,as an effective way of financial poverty alleviation,is of great significance for achieving stable income growth of farmers and enhancing the endogenous motivation of poor households to get rid of poverty and become rich.This article uses micro-data from the first credit county in China and uses the propensity score matching method(PSM)to analyze the effect of micro-credit on farmers'income.The result shows that micro-credit has an obvious positive incentive effect on farmers'income growth.Through the robustness test of the income growth rate of farmers,the above conclusions are further verified.In response to the research conclusions,it is proposed that during the critical period of poverty alleviation,we should attach importance to the role of micro-credit in supporting rural revitalization and promoting rural households to increase production and income,accelerate the improvement of the rural credit system,establish and improve small and medium-sized rural financial institutions,and create conditions for the deep participation of micro-credit in poverty alleviation.