The Study On Interests-allocation Among The Subjects Of Rural Logistics Finance

It is undoubted that the development of rural economy is the key point of our national economyconstruction,and it is true that a major element causes development obstacle for rural area is financingproblem.Hence exploring a new financing pattern for rural area is imperative under the circumstance of thelimitation of rural environment and traditional credit financing.In this process,banking institution is alwaysplaying the dominated role.As a future source of economic profits,third-part logistic has grasp the appetiteof the banking institutions for collaborating with them,it presents the future tendency that logistics willunited with banking system.Moreover,the nature of agricultural products ask for more professionallogistical service.Above all,the collaboration of banking and logistic in rural area is feasible.For on onehand,it can relieve farmers from the choke-point of financing dilemma,on the other hand reduce productsloss in transporting and increase products value.In the study of the new pattern,more and more of them arefocusing on seeking a way to solve the problem of information asymmetry in the borrower and thelender.The model of logistics finance is the reflection of this.Every kind of implication patterns of logistics finance involves three subjects,that is peasanthouseholds,commercial banks and third-part logistics.However,since the reality that logistics finance hasbeen not deeply exercised in rural areas,it is imperative to secure the subjects participate in this systemactively and permanently,in which designing an scientific allocation system to appropriately allocate theinterests generated in logistics finance that exercised in agricultural products is the premise.In this issue,wediscuss the the feasibility and necessity of putting logistics finance into practice in rural area on the basis ofanalysing the basic knowledge of logistics finance.Then we put emphasis on the core theory of it,that ishow to allocate the interests among the alliance who involved in this system,aiming at clearing the contentsof interests generating in this model and proposing a feasible and appropriate way to allocate theinterests.We start with the analysis of the different kinds of risks and interests which logistics financeproduces for the alliance.With the learn of the behaviour of the three parts in logistics finance can actuallybe seen as a kind of cooperative game,so we can apply shapley value method to solve the problem.In theprocess,we should clear that we just focus on the interests that only exist in the circumstance of being involved in the system of logistics finance and cannot be clearly collected to one of thepart.However,shapley value pattern only can be used under the condition of risks being equally undertakenby the three parts,which is unscientific in logistics finance,hence the update is essential to make the modelappropriate to the specific situation.In this issue,we use expert evaluation method to grade different kindsof risks quantitatively,we take the elements of investment and risk both into account,making the modelmore practical and sientifical.In the end of the issue,we propose some new suggests in promoting thepractice of logistics finance in rural areas.These proposals focus on the micro development of rural logisticsfinance,especially on the master of risk and allocation of interests.