金融素养高的农户更愿意创业吗?——基于异质性信贷约束视角  

Are Farmers with High Financial Literacy More Willing to Start Businesses?——From the Perspective of Heterogeneous Credit Constraints

作　　者：李俊丽[1] 徐国立 石德强 LI Junli;XU Guoli;SHI Deqiang(Faculty of Finance and Accounting,Fuzhou University of International Studies and Trade,Fuzhou 350202,China;Faculty of Humanities and Social Sciences,Macao Polytechnic University,Macao 999078,China;School of Management,Shandong University,Jinan 250100,China)

机构地区：[1]福州外语外贸学院财务与会计学院,福州350202 [2]澳门理工大学人文与社会科学学院,中国澳门999078 [3]山东大学管理学院,济南250100

出　　处：《西南大学学报（自然科学版）》2024年第7期103-114,共12页Journal of Southwest University(Natural Science Edition)

基　　金：福建省社会科学基金项目(FJ2024C083);福建省中青年教师教育科研项目(科技类)项目(JAT220447)。

摘　　要：基于14528个农户样本数据,实证分析了农户金融素养是否及如何影响其创业进入决策.研究发现:(1)金融素养对农户是否创业存在显著正向影响,金融素养水平较高的农户更愿意创业.(2)信贷约束在金融素养与农户创业决策间发挥中介作用.其中,需求型及供给型信贷约束均发挥中介作用,需求型信贷约束的中介作用贡献度更高,说明金融素养主要通过缓解需求型信贷约束促进农户创业.(3)与金融素养水平较低的农户相比,信贷约束对金融素养较高的农户创业决策抑制作用更显著.该文提出了着力农户金融教育、适当缓解供给型信贷约束、着重缓解需求型信贷约束、实施倾斜性信贷政策等建议.Based on the 2019 China Household Finance Survey(CHFS)and the 2019 China Household Large Database(CFD),this paper empirically analyzes whether and how the financial literacy of rural households affects their entrepreneurial entry decision.The results show that:①Financial literacy has a significantly positive impact on whether farmers start a business.Heterogeneity analysis shows that financial literacy plays a stronger role in promoting the entrepreneurial decision of farmers with lower education level than those with higher education level.Compared with farmers with low net property value,financial literacy plays a stronger role in promoting the entrepreneurial decision of farmers with high net property value.②Credit constraints play an intermediary role between financial literacy and farmers entrepreneurial decisions.Both demand-type credit constraints and supply-type credit constraints play an intermediary role,and the contribution of demand-type credit constraints is higher.This shows that financial literacy can promote farmers participation in entrepreneurship by alleviating credit constraints,and the main path of action is to alleviate demand-type credit constraints.③Compared with farmers with low financial literacy level,credit constraints have a more significant inhibitory effect on the entrepreneurial decision of farmers with high financial literacy level.This paper puts forward some suggestions,such as strengthening farmers financial education,expanding the coverage of financial inclusion,appropriately alleviating the supply credit constraints,focusing on alleviating the demand credit constraints,and implementing the preferential credit policy.

关 键 词：金融素养 创业决策 信贷约束 供给型信贷约束 需求型信贷约束 

分 类 号：F303[经济管理—产业经济]