Study On The Effect Of The Credit Channel Selection And Factors Of Farmers In Tiandong County In Guangxi

The first document of the Central Committee for 2010-2018 has repeatedly stressed the need to speed up the reform of the rural financial system,guide more funds to support rural economic development,and broaden the credit channels for farmers.Tiandong County of Baise City in Guangxi Zhuang Autonomous region is a pilot county of rural financial reform in China.It has made great achievements in rural financial reform,but the supply of credit can not fully meet the needs of farmers.Based on this,it is of significance to study the factors that affect farmers' credit demand and their choice of credit channels.On the basis of relevant literature and theoretical research,this paper makes a systematic analysis of the present situation and problems of farmers' credit channel selection in Tiandong County,Guangxi.In this paper,farmers' credit channels are divided into formal financial channels and informal financial channels.Based on the field survey data,the paper makes an empirical analysis of the influencing factors of farmers' credit channel selection by using the dual Logistic model.The main conclusions are as follows:first,81.82%of the farmers in Tiandong County of Guangxi have credit demand,and the demand for credit is strong.Second,regarding the behavior of farmers' choice of credit channels,formal financial channels are the main channels for farmers' loans,but for There is not enough money.Informal financial channel is also an important channel for farmers ' loan,but the loan is small.Third,the factors that have significant positive influence on-the choice of formal financial channel by farmers are the degree of household culture,rural economic organization,credit rating survey,the number of financial institutions outlets and the understanding of the loan process;There are significant negative impacts on the selection of formal financial channels by farmers,including family size,village cadres,family size,cultivated land and farmer types,and the understanding of the loan process has a significant positive impact on the selection of informal financial channels.Number of labor force,total household income,village.cadres and financial institutions outlets Farmers' choice of informal financial channels has a significant negative impact.Article based on the research conclusion,broaden the farmer credit channel,put forward to continue to play a role of formal financial channels,regulate and guide informal finance channel,strengthen farmers' education and financial knowledge propaganda and so on three aspects of the targeted policy recommendations.