Study On The Lending Contracting Behavior Of Farmers

In recent years,with the continuous development of rural economy,how to promote the construction of new rural areas and promote the development of agricultural modernization in China has become an urgent problem for the development of agricultural development in our country.The key point of solving the development of rural economy is how to solve the "three rural" problem,which includes the demand for the rural financial services.The transfer of rural population and the adjustment of agricultural structure.At present,the main factor that restricts the economic development of farmers is the lack of funds for farmers and the shortage of funds in the rural environment.Rural finance plays a very important role in the economic development of rural areas.As a key person in the process of borrowing and lending in the rural financial market,this paper will take farmers as the basic unit to study the lending behavior of farmers,to analyze the demand for lending and to understand the financial environment of the farmers and to understand the financial environment of the farmers.It has great significance to promote the development of rural economy.After studying rural finance theory,incomplete contract theory,financial restraint theory,credit theory and so on,this paper summarizes the research results,and uses the method of field investigation,statistical analysis and econometric analysis to study the more than 400 households in Lianyuan and Miluo of Hunan Province as the research object.A scries of studies have been conducted on Farmers' borrowing behavior.Through the analysis of the basic information of farmers,the basic situation of farmers is understood,and then according to the different economic conditions,different life experiences,different family size of farmers' lending behavior and their characteristics,the logit model is used to analyze the influence factors of the farmers'lending behavior.And the factors affecting the financing capacity of farmers.Finally,according to the conclusion of the analysis.Firstly,farmers are more inclined to establish long-term debt contract financing,because the short-term debt contract financing will increase the transaction costs of farmers,make the financing cost of farmers increase;second the loan demand of farmers and household size,the area of farmers' wealth,and the society owned by the farmers.The network is positively related,and most of these farmers choose the regular financial institutions when choosing the loan channels.Thrid,the purchase behavior between the farmers and the dealers is very common,but in the process of regression analysis,there is no discovery that the behavior of the loan decision is sound.