Studies On The Influencing Factors Of Financial Exclusion Based On Farmers

Although the " Three Dimensional Rural Issues" has been put forwardmore than eight years, a series of agricultural policy related to livelihood andbenefits of farmers, actually was a certain extent supports to the developmentof the rural financial, but our farmers are still not free from financial excludethe state, and even in some areas, financial exclusion in intensified. Ruralfinancial system series does not match the the supply of funds and the needsof the farmers. The lack of the development funds has been the mainproblems of the development of the rural economy.With the rural financial exclusion phenomenon intensified, at the sametime, the rural population structure, industrial structure is also undergoingenormous changes. Also, the mixed farmers, the specific populations duringthe social transition of China, their behavior is worthy of in-depth study. Forrural financial exclusion, we have a lot of problems going to explore, howabout the rural credit market? China’s rural financial rule out a more seriouscause, what is it? What are the reasons most far-reaching impact on China’srural financial exclusion? All these problems will be solved in this article.This article also take the mixed farmers as The research object, clearChina’s rural financial market conditions via normative research. Most of thefarmers are in the state of lack of funds, but most farmers prefer informalborrowing rather than the financial institutions. Then, we find out6mainfactors affect rural financial exclusion through the analysis of Probit binary choice model, data bases on the256research data of Jilin Rural FinancialTask. They are Head of household age, agricultural income, the income ofmigrant workers, the total expenditure, the total value of the housing andmortgage non-housing assets. Head of household age and income of migrantworkers in the rural households excluded household finance a significantlypositive effect; farm income, total expenditure and pledged non-housingassets excluded significant negative impact on household finance; farmershousing assets due to our homestead use the policy limit, exclude the financialimpact is uncertain. With the help of marginal benefit analysis, the order of thefactors is: the income of migrant workers, farm income, total expenditure,mortgage non-housing assets and the head of household age.