Effect Evaluation Of Rural Land Management Right Mortgage Loan To Alleviate The Peasant Households' Financing Constraints

The rural land management right mortgage pilot work has been carried out for a long period of time in many provinces,this work relates to the reform of the rural land system and rural financial system reform is an important content to deepen rural reform.Because of the land resource endowment,the income level of peasant households,the level of rural financial development are not the same,so that the effect of the mortgage loan will be different.Through the evaluation of the mortgage loan effect of agricultural land management right,the successful experience of the pilot,the problems and difficulties faced in order to provide a certain reference for the promotion of agricultural land management right mortgage loan.The rural land management right mortgage pilot work has been carried out for a long period of time in many provinces,this work relates to the reform of the rural land system and rural financial system reform is an important content to deepen rural reform.Because of the land resource endowment,the income level of peasant households,the level of rural financial development are not the same,so that the effect of the mortgage loan will be different.Through the evaluation of the mortgage loan effect of agricultural land management right,the successful experience of the pilot,the problems and difficulties faced in order to provide a certain reference for the promotion of agricultural land management right mortgage loan.First,the pilot area combined with agricultural and industrial base characteristics,local land resources endowment and development level of rural finance innovation and practice of mortgage rural land management rights peculiar mode provides a new financing channel for local peasant households,for peasant households to ease the financing constraints can play a certain effect.Second,the lack of effective way to eliminate the information asymmetry between peasant households and financial institutions,credit market competition model is proved by the introduction of mechanism of farmland management right mortgage,can reduce the asymmetry of information between peasant households and financial institutions,in order to improve the peasant households loan the financing constraints of ease.Third,through the quantitative analysis of the research data found that Zhejiang province has the right to mortgage loan demand will have 36.57% of peasant households to obtain loans,the proportion reached 51.35% in Heilongjiang province.But at the same time,the proportion of small scale operating households to obtain loans is much lower than the scale of peasant households.Fourth,the influence factors of farmland management right mortgage loan supply and demand from the empirical results of two provinces are not the same,have their own characteristics,but the land ownership certification the supply and demand have significant positive effects.