The Research Of Xinjiang Cotton Farmers’ Borrowing Behavior And Influencing Factors

As a great cotton-producing province,the Xinjiang cotton industry in China occupies an important position in the economy.At the same time,the cotton industry to promote agricultural development in Xinjiang are indispensable role.Can the steady and healthy development is the important factors that affect the farmers income,also indirectly affects the social stability.After years of development,combined with the national policy control,fine cotton industry in Xinjiang has been at home and abroad,with a certain competitiveness,farmers income level increased year by year.But in the period of reform and transition of Xinjiang cotton industry still has many disadvantages,such as: capital is an important factor restricting the development of cotton industry chain,but at the moment,the Xinjiang rural financial system can’t satisfy the peasant household borrowing funds diversified demand,supply and demand imbalance is the status of both sides.So the Xinjiang cotton farmers borrowing behavior,can not only reflect the farmers financing demand and financial supply situation,can also reveal the farmer credit behavior characteristics.For the construction conform to the supply of rural financial market system,increase the income of cotton farmers put forward the corresponding Suggestions.This article through the Xinjiang cotton field investigation to obtain data from the 1726 farmers,analysis of peasant household borrowing to build binary Logistic model,analyze the influencing factors of peasant household borrowing.According to the different classifying farmers farmers investment preference,analysis of different investment preferences and influencing factors of peasant household borrowing behavior.Overall,high degree of farmer credit demand,and get the loan time limit is short,high interest rates and low amount.Farmers prefer to get loans from the formal channels,while the rural credit cooperatives is the main force of rural financial market,but the money supply still cannot meet the demand of peasant household borrowing.Influence factors,gender,culture degree and whether the soil variables were significantly positive influence.Family labor force and family social relations variables were significantly negative impact.Plantation age variables significantly positive influence.In addition,the radical farmers demand for funds is relatively strong and obtain loan ratio is higher,conservative and neutral farmers mainly in micro finance and obtained from formal financial institutions loans ratio is slightly lower.In terms of influencing factors,planting scale and whether to buy cotton planting insurance was positively related with different types of peasant household borrowing.Areas such as the five variables and conservative peasant household borrowing was positively related to relationship.The three variables such as social experience and radical peasant household borrowing were positively correlated relationship,whether to join the agricultural cooperatives and so on three variables are negatively related with radical type peasant household borrowing.Degree of culture of two variables and neutral peasant household borrowing was positively related to relationship,family social relations such as the five variables are negatively related with neutral peasant household borrowing.Finally,puts forward some Suggestions according to the research results: intensify training of farmers,development of peasant household borrowing funds channel,innovative products,lending to the construction of information platform of borrowing funds.For conservative farmers benefit farming policy,we will continue to implement the lending to keep interest rates at a low level,ease lending conditions.And the function of bank financial products,to provide farmers with the ability to buy suitable products.Aimed at the characteristics of neutral farmers demand for money is urgent,should provide more convenient lending channel for farmers,and development,credit unions,Banks and other financial institutions lending channel.In view of the situation of radical farmers high demand for funds,in at the same time,give play to the role of rural credit cooperatives should increase government efforts to support agriculture and cooperative,improve cooperative in terms of technology,information,funds support level.