The Research Of The Availability Of Credit,Agricultural Mechanized Investment And Peasant Entrepreneurship ?

Innovation and entrepreneurship are important sources of economic growth no matter in the city or in the countryside.Since the eighteenth National Congress of the Communist Party of C hina,our country has implemented the strategy of innovation driven development,and vigorously promoted the public entrepreneurship and innovation.The peasant household's entrepreneurship and transformation,not only has the subjective needs,but is also in line with the objective needs of the era and the society.On the one hand,peasant household's entrepreneurship will promote to transformation and development for the members of peasant family,like transferring the rural labor,and improving the income level;on the other hand,peasant household's entrepreneurship is the inherent requirements of the coordinate development between urban and rural area,the upgrading of rural industrial structure,and the sustainable development of our country and society.Generally speaking,it is beneficial to reduce the gap of income and the gap between urban and rural development,stimulate the vitality and stimulate domestic demand,promote social health,stability and sustainable development.But there are many factors influencing peasant household's entrepreneurship.From the previous study,we can find that two elements of peasant household's entrepreneurship,capital and human resources,are closely related with the peasant household's own characteristics,and also closely related to the rural financial market locally.In other words,the credit availability has effect on the capital source of peasant household's entrepreneurship,and the substitutability of capital to other production factors is increasingly enhanced,which also makes the credit availability affecting the human factors of peasant household's entrepreneurship indirectly.In theory,the capital investment and labor distribution are related to the structure,level and efficiency of peasant household's entrepreneurship.Based on the above situation,this paper set up a framework about ?Credit Availability—Agricultural Mechanized Investment—Peasant Household's Entrepreneurship?,and put forward 3 hypotheses: firstly,while the availability of credit is promoted,the agricultural mechanized investment will be increased,then the level of agricultural entrepreneurship will raise;secondly,while the peasant household realizes agricultural mechanized production,the agricultural labor productivity will be improved,then more labor force will be separated out and transferred,to provide the necessary human resources for ?non-agricultural entrepreneurship?;thirdly,the availability of credit has impact on ?non-agricultural entrepreneurship?.Then this paper did empirical research on the relations between credit availability and peasant household's entrepreneurship based on the 477 survey data by using structural equation model.The corresponding empirical results are as follows:(1)When the availability of credit is increased,the agricultural mechanized investment will be increased,then the peasant entrepreneurship will be promoted;(2)When the agricultural mechanized investment is improved,the agricultural labor productivity will be improved,then more labor force will be separated out and transferred,to provide the necessary human resources for ?non-agricultural entrepreneurship?,so as to promote the level of ?non-agricultural entrepreneurship?(3)When the peasant household gained the credit money,they tend to invest in ?agricultural entrepreneurship?,but the improvement of the availability of credit does not directly promote ?non-agricultural entrepreneurship?;(4)When the availability of credit is improved,the peasant household's entrepreneurship will be promote overall.Thus,the theoretical hypothesis is verified by the empirical results.Through the above analysis,this paper suggested: first of all,the government should optimize the structure,level and quality of peasant household's entrepreneurship to make increase of the peasant household's income,narrowing the gap between urban and rural areas;furthermore,the authorities should advance the market mechanism of rural credit game,so to improve the matching of supply and demand of rural credit,and t he peasant household's credit availability,providing the necessary conditions for peasant household's entrepreneurship(capital and Human resources);thirdly,the government should play a better role in service,support and protection,regulate the rural credit market,increase agricultural subsidies and promote the social service market,strengthen the training of farming skill and the education of innovation and entrepreneurship,so to improve their business conditions and income generating capacity.