A Study Of Loaning Behavior Of Farmers And Analysis On Its Influencing Factors

Agriculture is the base of economy,a generous agriculture with rich peasants secures a strong economy, a rich country and a safe society.The party and the state pay high attention to the development of agriculture, countryside and farmers. Recently,in order to promote the development of agriculture, rural areas and farmers,the government issued a series of new policies,led the farmers to have more land-use right,such as giving farmers the right to possess, utilize, yield,transfer the land and mortgages, guarantees the right of their contracted farmland, promoted the transfer of farm land,scaled household have emerged.At the same time,owing to lack of the innovation of rural financial system, the imbalance of rural finance become prominent,scaled farmers still face the funding shortage and hinder the agriculture production. Therefore, studying the problem of farmers' financing, analysis the situation of the rural financial market mainly the imbalance of credit market, exploring the influencing factors of farmers' borrowing behavior have been a hot area of rural finance research.The paper first comb the related theory of borrowing,on the base of which,analyze the deep reasons of farmers' borrowing, to provide certain reference for improving rural financial service system. second, expound the performance and the inner mechanism of the imbalance of rural financial such as non-healthy property-rights institution, the insufficient incentive of financial body, unreasonable institutional arrangement and obvious policy mistake.Then,from the prospective of borrowing demand, with the point of farmers' borrowing behavior, analysis the influencing factors.Based on sample survey data of farmers' behavior in major grain-producing area JiangXi province in 2014,this paper divide farmers into three scaled farmers from land size,comparative analyze different scaled farmers' borrowing from the aspect of the amount of borrowing, lending sources and the use of loans,and based on the Probit model,analyze the influencing factors of farmers' borrowing, compare the difference of the influencing factors of different scaled farmers.The basic conclusion is that informal lending is relatively common in the countryside, farmers' small loans is often from the the folk and large loans still need to get from formal financial institutions,however,on the environment of high hidden cost of informal lending,informal lending are turning into bank lending as the main way of borrowing;there are large difference among scaled farmers' loaning behavior.Farmers endowment, social capital,the time of transferred land and cognizance of loaning difficulty all have significant effects on farmers' borrowing,evaluation of government subsidies and price protection policy do have no significant effects, influencing factors of different scaled farmers' borrowing behavior still have some aspects in common. Finally, from the aspects of nation, government, financial institutions and farmers,the paper put forward some corresponding policy suggestions, hoping to improve the rural financial ecological environment, alleviate the imbalance in rural financial market.