Influence Factors Of Financing Alternatives For Family Farm

In 2008,the third plenary session of the 17th first proposed in the report will be one of the family farm as a new type of agricultural management main body.Five years later,the central file No.l offered to encourage and support the contracted land transfers of professional investors,family farms,farmers cooperatives,insurance for income livelihood,reform and innovation add vigor,further emphasis on the family farm.At present,our country is in a period of transition of traditional agriculture to modern agriculture,the development of modern agriculture in urgent need of a new type of agricultural operation organizations to break the disadvantages of traditional organization does not adapt,the development of the family farm gradually rise.As time going,family farm in our country has gradually been recognized.On this basis,the reform of the development of modern agriculture is also the future agricultural management mode under new economic environment of the trend of The Times.The family farm,however,it is need to solve the problem.Among them,the financing difficult problems which restrict the development of the family farm.Therefore,how to alleviate the financing difficulties of family farm is particularly important.This article carding the financing problems at home and abroad,according to the theory of information asymmetry theory,credit rationing and financial repression theory such as general rural financial theory and financial theory on the basis of related theory in Henan,and Anhui provinces,384 households of farm field survey data,has analyzed the current family farm financing difficulties and financing channel choice behavior characteristics,using linear regression and further Probit model to analyze the influencing factors of the family farm financing channels.Analysis results show that the farmer is obtained by linear regression model analysis the preliminary characters of individual,family,family farm characteristics and factors of the government's policy support are the choice of the financing channels of the family farm have a significant impact.Among them,the size number of family members,the number of labor,the contracted land rent,whether registered capital verification,and whether to join cooperatives and the government's attitude to the family farm to choose a family farm to formal institutions in financing has a significant effect;Composition and number of family members,the labor,the contracted flow region,the government's attitude to the family farm and the farm policy evaluation on the family farm choice has remarkable influence to the folk lending channels.The influence factors of family farm on the choice of the financing channel for uninterest-bearing borrowing are cultural,the rent of the contract,the range of the circulation area,and whether the co-op is added.And through the further analysis found that the size of the family farm is the key factor that decide whether adopting formal financing channels,friends and relatives interest-free borrowing the family care financing,it shall be applicable to the lack of the ability of migrant workers' age,which makes the author thinks that the emerging family farm agricultural organization form is not a good solution to the problem of modern agricultural development.The structure of the thesis is divided into five parts.Firstly,it is the introduction,including the background,purpose and meaning of the study,the framework,content and methods of the thesis,,the possibility of innovation and inadequacy.Secondly,it related theories and literature review both at home and abroad are elaborated,the reality in general financial theory and the rural financial theory constitute thetheoretical basis of family farm financing problems,and then to the domestic and foreign scholars on the family farm financing of the related literature,and make a brief review on it.The third part of the type and characteristics of the financing channels of the family farm,on the basis of the description,for the following further analysis the influencing factors of the family farm financing channels to choose study laid a foundation.The fourth part is the core of this article research section,based on the last analysis,using the linear probability model to first carries on the preliminary analysis of the influence factors,then using bivariate Probit model,analyze the two hypothesis,and robustness analysis framework.The fifth part is to draw relevant conclusions,to further improve the environment of rural financial market,and to make recommendations on improving the financing of family farms.