收入风险对宅基地住房投资的影响

The Impact of Income Risk on the Homestead Investment

文章利用CHFS的2011~2017年调查数据,实证分析了收入风险对农村宅基地住房投资行为的影响效应。结果显示收入风险显著地抑制了农村家庭的宅基地住房投资,务农家庭显示出更强的挤出效应;务农家庭的收入风险与宅基地住房投资的负相关性随着投资额的递增而增强;风险态度对宅基地住房投资的影响不明显。因而,提高农村家庭福利可以从拓展非农就业机会、完善农业政策性保险等方面入手。

The paper uses CHFS survey data from 2011 to 2017 to empirically analyze the impact of income risk on homestead investment behavior. The results show that income risk significantly inhibits rural households’ homestead investment, and there is a stronger crowding-out effect on farmers;the negative correlation between the income risk of farmers and homestead investment increases with the increase in investment;Risk attitudes have little effect on the relationship of income risk and homestead investment. Therefore, the government could improve rural family welfare by expanding nonagricultural employment opportunities, and improving agricultural policy insurance.