Analysis Of Farmers' Financing Demand And Its Influencing Factors

At present,in the continuous development of the rural economy,the economic behavior of rural households has become more and more active,and the degree of demand for financing by rural households has also continued to increase.Whether farmers can successfully obtain funds and meet their needs will not only affect the production and development of farmers.Progress will also affect the process of agricultural modernization.However,due to many factors,China's rural households have been caught in a financing dilemma.The weak nature of the agricultural industry,the lack of peasant mortgage guarantees,the incompleteness of China's rural financial credit system,and the serious supply shortages in the rural financial market have made Farmers' financing needs cannot be satisfactorily satisfied.If farmers lack the support of funds,it will lead to very slow progress in rural economic development in China.Therefore,understanding the financing needs of rural households and their influencing factors is of great significance to supporting farmers in targeted financing.Based on the survey data of 200 valid questionnaires of farmers in Chaoyang County,combined with domestic and foreign literature and related theories of financing needs of farmers,the paper analyzes the current situation of financing needs of sample farmers in Chaoyang County,Chaoyang City,Liaoning Province.On this basis,descriptive statistical analysis and binary logistic regression model were used to explore the significant factors affecting farmers' financing needs.The research results showed that: the age of rural households,the level of education received,the annual household income,and whether they joined the production of industrialized production.Whether there have been major events in the near future or the degree of understanding of agricultural lending policies has a significant impact on the financing needs of rural households.The higher the degree of farmers in the following situations,the higher the probability of his financing needs:The younger farmers,the lower the annual income of farmers,the higher education level of farmers,the farmers joined the industrialization organization for production,and the recent major events in the households of farmers.The higher the farmers' understanding of the policy of agricultural loans and loans.At the end of the article,related suggestions were made from farmers' households,financial institutions and the government.