The Study Of The Influential Factors Of Mariculture Industry Financing

Seawater resources is abundant in Fujian province.Mariculture has developed rapidly,the proportion of gross production of marine shares the province's GDP growing bigger.Therefore,the study of mariculture is significant.Mariculture exists big credit risk,difficult financing and other problems under the influence of lagging reform of financial system,inadequate investment of funding,single financing channel,unsound credit guarantee system,absence insurance and other factors.The development of mariculture is inseparable of financial support.Therefore,the discussion of factors affecting mariculture financing issue has important practical significance combining theory and practice.This article also provides theoretical and practical guidance to enhance the financing capacity of mariculture.This paper analyzes the characteristics of mariculture which influence on its financing by descriptive research method.Seawater aquaculture is characterized by strong periodicity,seasonal and regional,aquaculture waters of a three-dimensional,scarcity of supply,activity and quality of breeding objects difference,the decreasing possibility of labor remuneration,high risk of mariculture.In addition,by the use of theoretical research methods,the author analyzes the characteristics of outside factors influence on mariculture financing.The paper believes that features outside factors can affect mariculture financing;The basic situation of the mariculture enterprise including assets scale,the number of employees,set up time,enterprise type;The basic situation of seafood including seafood sales market and brand;The basic conditions of mariculture owner including fixed number of year of the age,education and industry management;The source and the use of mariculture financing and its risk factors.By the establishment of many categories logistic regression models,significant influencing factors of corporate financing requirements of mariculture can be realized.Empirical analysis results that enterprise scale,enterprise set up time,enterprise registered capital,management,working years,preferred financing measures and loan repayment have great influence on the financing results of seawater aquaculture.Finally the capacity of seawater aquaculture financing advice is proposed,including establishing scientific and reasonable mariculture financing system,and perfecting the credit system of Marine aquaculture and so on.Based on the summary and analysis of the characteristics in mariculture,it is found that the characteristic of mariculture is one of the factors affecting mariculture financing.Industry characteristics of mariculture are overall reflected in throughout the industry.It will affect the judgment of various financial institutions for the development prospects of mariculture and the availability of mariculture financing.Through empirical research,some significant influence factors are extracted from many factors of affecting mariculture financing in the article.