| Borrowing demand of rural households is always key and difficult problem in studies of rural households'borrowing. Borrwing demand of rural households have not been met,which restrict the development of rural finance. Although governments at all levels and financial institutions have taken the appropriate measures,these didn't make it.The dissertation did research about rural households'borrowing participation willingness in Shongdong Province and found some rules and influencing factors, and through the comparison with the existing borrowing behavior, Investigate the change and different impacts.These results would be usefull to innovate business in rural financial institutions and financial instruments, reform rural financial system, improve rural financial services and overall welfare of rural households,and would be rich the content of theoretical significance.This dissertation did the studies on the basis of the questionnaires of the farmers in 33 villages of 14 provincial-level cities of Shandong Province.First of all,the dissertation started with financial repression theory, credit rationing theory and the theory of household borrowing behavior as the theoretical basis. Based on empirical research,it has revealed variations by comparsions with the rural households' borrowing participation willingness and existing borrowing behavior from the incidence rates, borrowing purposes, loan size, loan term, financing order, repayment terms.Secondly,the dissertation analyzed the factors which influenced rural households'borrowing participation willingness by Binary Logistic model.Compared to the demand factors of rural households, which analyzed the same and different factors and explained the reasons for that.Finally, the dissertation was put forward policy recommendations. It found that rural households'borrowing participation willingness significantly weakened. Firstly,the small quantity borrowings fell but still the most important and the overall pattern of borrowing purposes didn't change which the life of borrowing was still the major.The uncertainty of rural households borrowing demand weakened because of non-standardized features of daily life. The regionalization in countryside credit policy formed the peasant households'financing order in the future for the relative, the regular financial institution, the friend. Rural households'financing order exist the path dependence phenomenon, especially the financing order about large quantity medium and long-term loan only in relative neighbor and friend channel had path dependence phenomenon. Secondly,farmers'age,educational level, family size, home-grown crops, household per capita net income of farmers,the satisfaction about lending policies,borrowing in the past more significantly influenced rural households' borrowing participation willingness.Compared the impacts between the past and the future,it found that farmers'age, educational level and the satisfaction of the lending policies would have different impacts.The main innovation points in this dissertation as the following:it found that the general rules about the change of rural households'borrowing participation willingness. The regionalization in countryside credit policy formed the peasant households'financing order in the future for the relative, the regular financial institution, the friend. Rural households'financing order exist the path dependence phenomenon, especially the financing order about large quantity medium and long-term loan only in relative neighbor and friend channel had path dependence phenomenon.Farmers'age,educational level and the satisfaction about lending policies had different effects between behavior of rural household and rural households'borrowing participation willingness. |
