政策激励视角下金融素养对农民农房抵押贷款需求的影响研究  

The Influence of Financial Literacy on the Demand of Farmers’ Housing Mortgage Loans From the Perspective of Policy Incentives

作　　者：王童 蒋远胜 王玉峰 WANG Tong;JIANG Yuan-sheng;WANG Yu-feng

机构地区：[1]四川农业大学经济学院

出　　处：《农村金融研究》2019年第12期33-40,共8页Rural Finance Research

基　　金：四川省科技厅软科学2019年度重点课题“服务成都乡村振兴战略的农村金融改革动力机制与路径优化研究”（编号：2019-RK00-00129-ZF）;四川省科技厅软科学2018年度重点课题“现代农业科技创新与金融创新耦合的理论、机制与政策研究”（编号：18RKX0773）的资助

摘　　要：论文依据四川省和重庆市共计708份试点地与非试点地的农户调研数据,阐释了金融素养影响农民农房抵押贷款需求的机理,然后通过对受不同程度政策激励影响的地区分组,即试点地区和非试点地区,并利用Probit回归检验不同强度的政策激励对金融素养引致农房抵押贷款的参与意愿的变化。得到以下结论:第一,全样本中农户对于农房抵押贷款接受度为28%,其中试点地区农户接受度高于平均水平五个百分点。第二,金融素养对于农民农房抵押贷款需求有显著的正向影响,并且该影响会因为有较强的政策激励而得到提高。第三,农户分化、实际耕地面积、风险偏好等因素会显著影响农户的需求。同时还使用工具变量进行内生性检验和分地区稳健性检验,均支持基准回归结果,在此基础上提出多方合作推进金融知识宣传等政策建议。Basing on the survey data of 708 pilot and non-pilot farms in Sichuan and Chongqing, this paper explains the mechanism of financial literacy affecting farmers’ housing mortgage loans. Grouping the investigated areas by different levels of incentives, this paper uses Probit group regression to test the different intensity of the policy incentives for financial literacy caused by the change in the willingness to participate in rural mortgage loans. It is concluded that financial literacy has a significant positive influence on farmers’ housing mortgage loan demand, and the influence will be enhanced by strong policy incentives. At the same time, this paper finds that age, farmer differentiation, actual arable land area, risk preference and other factors significantly affect the needs of farmers. Using the instrumental variables to carry out endogeneity test, we put forward policy recommendations such as multi-party cooperation to promote financial knowledge propaganda.

关 键 词：因子分析法 Probit回归 金融素养 政策激励 农房抵押贷款 工具变量法 

分 类 号：F832.43[经济管理—金融学] F301.3