农户参与农业价值链金融扶贫的行为分析——基于SEM模型的实证研究

Behavior Analysis of Farmers’ Participation in Poverty Alleviation of Agricultural Value Chain Finance in China——An Empirical Study Based on Structural Equation Model

通过对河南省重点扶贫地区实地调查的农户微观数据,从贫困农户个体特征、家庭特征、声誉机制、农户参与农业价值链融资意愿、融资效果五个方面建立结构方程模型(SEM),对农户参与价值链融资行为进行实证研究。实证结果表明:贫困农户个体特征、家庭特征和声誉状况三大潜变量与其参与农业价值链金融意愿和效果呈显著性正相关关系,并且声誉状况对农户参与意愿和效果影响最为强烈;而且农户参与价值链融资意愿与获得融资效果之间也具有相互影响的特征,尤其在融资效果越好的情况下农户履约意愿越强,农户参与农业价值链金融的积极性也随之提升。

Based on the micro-data of farmers in the key poverty alleviation areas in Henan Province,an empirical research on value chain financing behavior of farmers is conducted by establishing a structural equation model(SEM)from five aspects:individual characteristics,family characteristics,reputation mechanism,farmers’willingness to participate in agricultural value chain financing and financing effects.The empirical results show that three potential variables of poor farmers,namely individual characteristics,family characteristics and reputation status,are significantly positively correlated with their willingness and effect of participation in the agricultural value chain finance,among which the reputation status has the strongest influence,followed by the family characteristics and individual characteristics.Moreover,the farmers’willingness of participation in the value chain financing and the financing effect also show the characteristics of mutual influence.Especially,the better the financing effect,the stronger the farmers’willingness of contract fulfillment and the participation enthusiasm in the agricultural value chain finance.Corresponding policy inspirations and suggestions have been put forward for this purpose.