金融素养对农户消费结构的影响——基于第三方支付的中介机制分析

The Impact of Financial Literacy on the Consumption Structure of Rural Households——The Analysis of Intermediary Mechanism Based on Third-party Payment

金融素养作为重要的人力资本,对农户消费升级及结构优化具有重要意义。论文采用中国家庭金融调查2019年数据,研究了金融素养对农户消费结构的影响以及第三方支付的中介效应。研究发现:第一,金融素养不仅能够刺激农户消费,还能显著优化农户消费结构,即提高农户的发展享受型消费占比,同时降低生存型消费占比。第二,金融素养对农户消费结构的影响可以通过第三方支付的“部分中介效应”产生作用。对此,论文从普及农户金融教育、改善农村支付环境、差异化进行政策宣传等三个方面提出了政策建议。

As an important human capital,financial literacy is of great significance to the consumption upgrading and structural optimization of rural households.This paper uses the 2019 data of the China Household Finance Survey to study the impact offinancial literacy on the consumption structure of rural households and the mediating effect of third-party payment.The studyfinds that:first,financial literacy can not only stimulate the consumption of farmers,but also significantly optimize the consumption structure of farmers,that is,increase the proportion of development enjoyment consumption of farmers,and reduce the proportion of survival consumption.Second,the impact offinancial literacy on farmers'consumption structure can be effected through the"partial intermediary effect"of third-party payments.Therefore,this paper puts forward policy suggestions from three aspects:popularizingfinancial education for rural households,improving the rural payment environment,and differentiating policy publicity.