Availability And Influencing Factors Of Forest Right Mortgage Loan In Jiangxi Province

The reform of collective forest rights have reached a period of deepening.On one hand,Mortgage loans with forest rights as an important part of the reform can help solve the difficulty in financing assurance of farmers,on the other hand,it can help financial institution broaden financing channel.In the development of this business,there has been a problem that forest enterprises get loan is easier than ordinary forest peasants.Therefore,this article selects ten counties as the study sites,and according to the result of visiting research,the article employs typical case analysis and empirical analysis method to research the various factors which affect the availability of farmers for Forest Right Mortgage Loan.In the theory research stage,this article carries on the research about ten villages with empirical analysis and case study,attempting to build the hypothesis about the influencing factors of the availability of peasants for Forest Right Mortgage Loan.On the basis of the qualitative analysis,this paper summarizes the natural resource of the sample County,the development status of the loan business and the underlying mechanism of this phenomenon,and puts forward the related hypothesis of the factors affecting the availability of the Forest Right Mortgage Loan.In the empirical analysis part,based on 502 survey data from 10 counties in Jiangxi Province,this article uses SPSS statistical software and binary logistic method to quantitatively analyze the influencing factors which affect the availability of peasants for Forest right mortgage loan and verify the hypothesis.The results show that:(1)in order to control the risk,the financial institutions will carry out credit rationing to forest right mortgage for the reason of the information asymmetry,which leads to the low availability of the general forest peasants' right mortgages;(2)the poor policy publicity and the imperfect forest rights trading market are also the important reasons for the low availability of the general forest farmers' right mortgage loan;(3)The four factors: age,education level,whether the head of household is the village official,and whether they join the forestry cooperative mainly affect the availability of the forest right mortgage loan.In order to promote the development of forest right mortgage loan business and solve the problem of forest peasants' financing difficulty,based on the results of qualitative and quantitative analysis,this article proposes the following policy recommendations:(1)strengthening the publicity of the policy of forest right mortgage loan;(2)constructing and perfecting the evaluation system of forest resources assets;(3)promoting the system of forest rights and storage,promoting the establishment of the trust mechanism;(4)improving the value composition of the forest rights.