正规金融发展视阈下农户生计资本的影响因素研究  

Study on the Influencing Factors of Farmers’Livelihood Capital Under the Perspective of Formal Financial Development

作　　者：杨晓燕 夏咏[1] Yang Xiaoyan;Xia Yong(School of Economics and Management,Xinjiang Agricultural University,Urumqi 830052,Xinjiang,China)

机构地区：[1]新疆农业大学经济管理学院,新疆乌鲁木齐830052

出　　处：《金融发展研究》2022年第2期59-67,共9页Journal Of Financial Development Research

基　　金：国家自然科学基金项目“连片特困地区少数民族农户贫困代际传递程度及传递机制研究——以新疆为例”(71763027);新疆自然科学基金项目“南疆四地州农户生计转型程度测度、影响机制与路径优化”(2021D01A81)。

摘　　要：在乡村振兴背景下,探讨正规金融发展对农户生计资本的影响对于实现可持续发展具有重要意义。本文基于可持续生计分析框架(SLA),采用中国家庭追踪调查(CFPS)第五期调研数据,运用似不相关回归模型(SUR)和倾向得分匹配模型(PSM)综合分析正规借贷对农户生计资本的影响。结果表明:(1)有正规借贷农户的生计资本总值高于无正规借贷农户,且两类农户各类生计资本均值差较大,正规借贷对农户的自然资本、物质资本、金融资本和社会资本均产生了显著的正向影响;(2)正规借贷显著提高了相对富裕农户的金融资本和社会资本,而显著降低了相对贫困农户的物质资本;(3)正规借贷对西部和东北地区农户生计资本的影响效应较大,对中部和东部地区农户生计资本的影响效应较小。基于以上结论提出相关对策建议。In the context of rural revitalization,it is of great significance to explore the impact of formal financial development on farmers’livelihood capital for the realization of sustainable development.Based on the framework of Sustainable Livelihood Analysis(SLA)and the data of the fifth phase of Chinese Family Panel Studies(CFPS),this paper comprehensively analyzes the impact of formal lending on farmers’livelihood capital by using SUR and PSM.The results show that:(1)the total value of livelihood capital of farmers with formal borrowing is higher than that of farmers without formal borrowing,and the difference between the mean values of various types of livelihood capital of the two types of farmers is larger,and formal borrowing has a significant positive effect on farmers’natural,physical,financial and social capital;(2)formal lending significantly increases the financial and social capital of relatively wealthy farmers,while significantly decreasing the physical capital of relatively poor farmers;(3)the effect of formal lending on the livelihood capital of farm households in the western and northeastern regions is larger,and the effect on the livelihood capital of farm households in the central and eastern regions is smaller.Based on the above findings,relevant countermeasures are proposed.

关 键 词：正规借贷 农户生计资本 影响因素 异质性分析 

分 类 号：F830.479[经济管理—金融学]