Borrowing Behavior In Apple Professional Farmer Households

With the evolution of the system of agricultural management,agricultural industrial structure adjustment,and agricultural labor force,land transfer speed,China farmers showed rapid differentiation and integration trend.The main performance is: As the farmers between land circulation and concentration of the household based small scale farmers tend to decrease,and has induced new agricultural business entities characteristics the scale of farmers professional growth.Farmers need to pay attention to the credit mechanism innovation,cultivate and adapt to the credit market environment in the process of growth in the scale of professional farmers.More importantly,The difference and the way of professional farmers' financing and credit supply and demand characteristics are also different because of the scale of production and operation,the stock of capital,technology and equipment level,management ability.But it is difficult to meet the scale of professional household credit demands due to China's current rural financial management system reform lags behind,the innovation of credit product innovation and business model of rural formal financial institutions.Therefore,exploring the borrowing behavior the rules and characteristics of large-scale professional farmers,promoting the innovative development of rural formal financial institutions,which is of great significance.Based on the above judgment,in this paper,the basic unit of research is the scale of apple professional farmers the basic unit of research,the borrowing needs of the farmers,the decision-making behavior and the lending channel choice behavior as the research object,using the standard analysis method,analyzing the scale of apple's professional concept and characteristics of rural household borrowing behavior,revealing apple's professional farmers borrowing scale tendency,establishing professional farmers borrowing apple theory system;using the research methods of combining normative analysis and empirical analysis,using the 4 apple producing provinces of 908 large-scale apple micro survey data of professional farmers,recognition of different scale scale professional farmer credit demand characteristics,farmers credit The behavior and mechanism of rural financial institutions and large-scale professional farmers borrowing matching mechanism.To explore the rural financial markets to ease lending,method and path distortion and optimization of structure of binary in rural finance,provide the basis for theoretical and empirical reference for the innovation of credit product innovation and business model of rural formal financial institutions.In accordance with the research logic of“scale of the concept and characteristics of professional farmers borrowing-lending and borrowing demand analysis of decision-making behavior,influence factor analysis-lending channel choice behavior tendency analysis of formal analysis,research on the logic relationship of-optimization of large scale specialized farmers' loan policy”,the research content of the thesis will be divided into:The first part is the introduction,including the first chapter,the importance of lending behavior of large-scale professional farmers.In a concise review and evaluation of domestic and foreign borrowing behavior of rural households and binary of financial research literature on the basis of in-depth study that the characteristics and determinants of lending behavior of large scale specialized farmers,is an important research field is borrowing behavior.Summed up the innovation of this paper according to the research purpose and research value,conception and design technical route,research methods,sampling method and data acquisition method.The second part is the scale of professional farmers credit behavior analysis theory,including the second chapter,the third chapter.The rural credit behavior theory and the peasant household financial system combined with the theory in the analysis of large-scale borrowing behavior of apple professional farmers connotation and extension on the basis of revealing the apple professional farmers borrowing scale tendency,establish the apple professional farmers lending behavior structure theory.The main research method of the normative analysis,concise form the theoretical hypothesis.The third part is the empirical scale professional farmers borrowing apple inspection,including the fourth chapter,the fifth chapter,the sixth chapter,the seventh chapter.In the fourth chapter,using the apple production area of 908 households of farmers professional field scale the survey data statistics analysis of different scale professional rules and characteristics of the borrowing behavior of rural households.In the fifth chapter,by using the ordinal Logit model,analysis of the rural financial market scale,apple professional farmers borrowing determinants.In the sixth chapter,using the TobitIII model to identify the scale of apple professional farmers formal credit behavior of the main factors.In the seventh chapter,using the multivariate logistic model to analyze the main influence factors that impact the model of Apple's professional informal borrowing of households.The fourth part of the professional borrowing behavior of rural households optimization for the scale of binary,including the eighth chapter.Based on the determinants of borrowing channel selection,the analysis of the demand and decision making behavior of large scale specialized farmers to explore the rural financial markets to ease lending,the problem of distortion,and the optimization of rural financial structure of binary method.The main conclusions of the study include the following five aspects:a.The scale of professional credit demand statistics analysis leads to the following conclusions: one is the scale of the borrowing needs of the farmers professional behavior is mainly affected by capital ownership.Capital ownership is the main reason that the scale of professional farmers and non farmers credit scale professional characteristics there was difference.The characteristics of large-scale professional farmers with higher family resource endowment the professional farmers have high amount of capital for the large production of strong credit demand,reflecting the scale of professional farmers' credit "development needs." two different scale professional farmers borrowing demand behavior level.Professional small-scale farmers having a desired amount Low degree of characteristics in the short-term credit demand seasonal turnover;specialized farmers in scale with the desired amount is low,the seasonal turnover and a certain amount of agricultural investment,expand the production characteristics of formal credit demand in the short-term;scale professional farmers with the desired amount is high,the need to expand production in the short and long term the formal credit demand characteristics of seasonal turnover and a certain amount of.Along with the amount of capital accumulation,specialized farmer credit demand is the amount of large,long term loans,funds tend to expand production characteristics.b.The statistical analysis of the decision making behavior of large-scale specialized farmers' loan decision forms the following conclusions: the scale of professional farmers' behavior in the lending channel,interest rate,term,amount,purpose,there is collateral and implicit cost differences.Lending channels,large-scale professional farmers mainly lending channels for non formal channels,and formal channels accounted for only about half of the non formal channels share,the rural credit cooperatives lending.The highest number of loan amount,each loan is showing the amount of dispersion characteristics,and the formal channels of each loan amount is generally greater than the informal lending.For formal channels of borrowing,the larger the size of the farmers,the amount of each loan tend to larger.Term of the loan,the loan period is short term;In terms of borrowing,the use of loans is more diversified and diversified features,but the formal lending to productive loan applications,informal lending purposes.Both the production and life of mortgage guarantee,formal lending of secured,a part of the informal lending and mortgage;only a small part of the need to guarantee mortgage.The form is single,mainly is the big house or home,professional farmers scale management of land.The guarantor is mainly relatives and friends.The hidden costs,formal lending hidden costs of informal lending,and such as waiting for a long time,each hidden transportation fees and gifts is high.c.The empirical analysis of the influence of large-scale specialized farmers' choice of borrowing channels: one is the formal financial sector and farmers borrowing,the determining factor is the standard of information resources;and informal financial sectors and farmers borrowing,is the determining factor of social capital.The two is the formal and informal finance they have a comparative advantage,rural formal financial institutions with standard contracts and information advantage,the informal sector lending has the information superiority.d.An empirical analysis of the scale of professional rural households' formal borrowing behavior leads to the following conclusions: first is the factor of scale professional formal borrowing behavior are the main influencing factors of different family economic structure.The scale of credit demand and credit behavior heterogeneity.Small scale credit demand is mainly affected by the head of household characteristics,consumer characteristics and influence production characteristics;scale farmers mainly by household characteristics,consumer characteristics,production characteristics and family economic structure;and the scale of professional farmers mainly affected by family economic structure characteristics.The second is negatively related to changes in interest rates and credit demand higher interest rates.Farmers,will tend to reduce the amount of formal credit demand.Different scale of household credit demand scale for the interest rate elasticity of heterogeneity,the larger the interest rate for the more sensitive.Third is the impact of formal credit demand and influencing factors of formal credit demand scale showed significant differences.At the same time significantly affect the formal credit demand and formal the size of credit demand is the production characteristics of the labor force,family economic structure characteristics in the proprietary business and family support.e.An empirical analysis of the scale of professional farmers informal credit behavior leads to the following conclusions: the scale of professional farmers informal lending behavior is mainly influencing factors of social capital.Social capital and community relations,relations and cooperation organization,the degree of trust between friends and relatives,all have significant effects on the farmers reputation non formal financial loans.Social capital as "soft information",informal financial lenders can reduce the cost of screening,reduce moral hazard and adverse selection of borrowers.Informal financial activities has its own intrinsic survival mechanism,at the same time as the informal lenders to solve the problem of rural financial market The capacity is greater than the formal financial lenders.The results show the scale of professional farmers borrowing demand behavior is mainly affected by the capital ownership,different ownership of capital lead to large-scale professional farmers credit needs of different levels.They are the key factors to determine the loan information and social capital that the large-scale specialized farmer and the formal financial sector,the informal sector.Level scale professional rural households' formal borrowing behavior is mainly affected by family economic structure influence;informal lending behavior is mainly affected by the social capital of the scale.Professional farmers and the formal financial sector,the informal sector lending,the determining factor is the standard information endowment and social capital.The formal and informal finance has its comparative advantage,binary in rural areas of financial structure is the development trend of rural financial linkage.Therefore,the government should according to the different scale of credit The group should adopt different pricing strategies;technology innovation loan,credit products and services;reasonable guide scale to improve family economic structure,improve the availability of credit;and promote financial linkage,improve the rural binary financial structure.