互联网金融参与行为对农户消费水平的影响——基于支付环境和流动性约束的视角  

The influence of Internet finance participation on the consumption level of rural households——From the perspective of payment environment and liquidity constraints

作　　者：周靖凯 管福泉[1,2] 朱臻[1,2] ZHOU Jingkai;GUAN Fuquan;ZHU Zhen(College of Economics and Management;Zhejiang Institute of Rural Revitalization,Zhejiang Agriculture and Forestry University,Hangzhou,Zhejiang 311300,China)

机构地区：[1]浙江农林大学经济管理学院 [2]浙江农林大学浙江省乡村振兴研究院,浙江杭州311300

出　　处：《福建农林大学学报（哲学社会科学版）》2023年第1期61-72,共12页Journal of Fujian Agriculture and Forestry University(Philosophy and Social Sciences)

基　　金：国家社会科学基金一般项目(19BGL178)。

摘　　要：基于CHFS 2017数据,实证分析互联网金融参与行为对农户消费水平的影响,并进一步分析支付环境和流动性约束在互联网金融参与行为对农户消费水平影响中的中介效应,以及农户受教育程度与家庭总资产影响的异质性。研究发现:互联网金融参与行为对农户消费水平具有显著的促进作用,其中,互联网理财和网络借贷对农户消费水平的促进作用更显著;互联网金融的不同参与形为对农户消费水平的影响路径存在差异,其中,互联网支付通过优化支付环境来提高农户消费水平,互联网理财和网络借贷通过缓解流动性约束来提高农户消费水平;互联网金融参与行为对户主受教育程度为小学和家庭总资产较低的农户的消费水平的促进作用更显著。据此提出,应进一步提高互联网金融参与率、优化农村地区支付环境和缓解农村家庭流动性约束,以助力构建“双循环”新发展格局、实现乡村全面振兴。Based on the data of CHFS 2017, this paper analyzes the influence of Internet finance participation on the consumption level of rural households, and further analyzes the mediating role of payment environment and liquidity constraints between Internet finance participation and the consumption level of rural households, as well as the heterogeneity of the influence of rural households′ educational level and total household assets. The results show that Internet finance participation has significant promoting effects on the consumption level of rural households. Among which, Internet wealth management and online lending have a stronger promoting effect on the consumption level of rural households. Different participation forms of Internet finance have different influencing paths on the consumption level of rural households. Among them, Internet payment promotes the consumption of rural households by optimizing the payment environment, while Internet wealth management and online lending promote the consumption of rural households by easing liquidity constraints. Internet finance participation plays a stronger role in promoting the consumption level of rural households whose household heads have received primary education and whose total household assets are lower. According to the results, it is suggested that Internet finance participation rate should be further increased, the payment environment in rural areas should be optimized, and the liquidity constraints of rural households should be alleviated, so as to help build a new development pattern of "double cycle" and realize all-round rural revitalization.

关 键 词：互联网金融参与行为 农户消费水平 支付环境 流动性约束 

分 类 号：F126.1[经济管理—世界经济] D422.7[政治法律—政治学]