Studies On Rural Households' Borrowing Behavior Of Traditional Farming Areas In Transformation Period

The construction of a new socialist countryside is an our country modern important history mission within progress,The point that the new socialist countryside constructs resolves problems about Agriculture,Rural areas and Peasantry. Finance is the core of the modern economy, and it is the most important strength which supports the development of the rural economy. To resolve three dimensional rural issues have to have a set of reasonable, efficiently and ample funds support. Currently, our rural financial system wholly have already can't adapted the development of new socialist countryside, needing heavily to reconstruct the rural financial system urgently. It is of great importance in reality to do research on this topic. With China's rural economic reforming , rural households have become the economic mainstay, a large number of financial needs emerged in rural financial markets. However, the current rural financial system is not able to meet households'financial demand, households'financial demand is seriously inhibited. The rural households more resort to financial forms which spontaneously generated in rural. Borrowing of rural households is always a key and difficult problem in rural financial research. The research of the basic rule of borrowing behavior development and different in all type of them were conducted, these results would be useful to provide policy reference for rural financial system reform and be fulfill for household economics.There have been a lot of researches on rural finance done by national scholars, which lay emphasis on the existing problems and solutions in rural finance from macro level, the method of the researches is mainly normative analysis. On the contrary, positive studies from micro level, especially from the aspects of the households'credit demand are much fewer. With the core problem of rural finance, the borrowing and lending of rural households as the point, we can accurately understand the financing need of rural households, the characteristics and the trend of rural financing market. And it will have certain practical significance for financial corporations of rural areas to raise efficiency, confirm market position, and expand businesses and financial innovation.In this paper we investigate 150 peasant households from five villages in Ningling county, Henan province, and study the features of peasant households'borrowing and the factors affecting peasant households, borrowing behaviors through statistical and econometric analysis, and then put forward some suggestions based on the conclusion.There are five parts in this paper:In the first part, the paper mainly introduces the reasons for selecting rural finance as the object of study, and gives out the purpose,the route and the method of this research.The second part is the theoretical basis for research. In this part, the paper gives a summary and comment on the literatures on the theory of rural credit market and peasant households'borrowing behaviors. The theory of rural financial, borrowing behavior and social theory were explained from rural households' borrowing aspect.The third part is the article point. This part gives a description of the main features of peasant households' borrowing behaviors from all aspects,including the areas studied, the general situation,the scale, the frequency,the purpose, the interest rate and so on, The positive analysis on the factors affecting peasant households' borrowing behaviors. Three types borrowing behavior of rural households would be suggested, they are passive borrowing behavior, conservative borrowing behavior, initiative borrowing behavior.The fourth part, the conclusions and policy suggestions. In this part the paper gives out the conclusions based on former analysis,and then comes up with the policy suggestions. It is necessary that demand-following and supply-following of borrowing behavior would be combined.The fifth part, the concluding part of the article on the study: Giving the evaluation and summary, indicating the depth of the research.