A Study On The Effect Of Poverty Alleviation On Poverty Alleviation In A County

Poverty alleviation microfinance is an important innovative measure to meet the needs of industrial development,meet the requirements of market economy,and fill the poverty alleviation funds in poverty alleviation.It is a preferential institutional arrangement for the development of industries for poor households.In the poverty alleviation and hardship,A County vigorously promoted the financial poverty alleviation policy,and the indicators such as total loans and loan growth rates for poverty alleviation microfinance ranked first in the city.By vigorously promoting comprehensive poverty alleviation policies such as poverty alleviation microfinance,A County has completed 88,880 people from poverty alleviation and 70 poverty-stricken villages since the beginning of poverty alleviation in 2014.By the end of 2018,there were 972 households with 2,438 surplus households in County A.The incidence of poverty fell from 10.3% in 2014 to 0.27% at the end of 2018.The poverty-stricken counties were “capped” and the poverty reduction effect was remarkable,but poverty still exists.The problem of insufficient indoor student motivation and inefficient use of loan funds has a certain typicality.This paper uses the first-hand survey data of 1485 poor households in A County of Sichuan Province,and uses the propensity score matching method and endogenous conversion model to study the poverty alleviation effect of poverty alleviation micro-credit in County A.The main content of this paper is based on the following aspects: The first part: through the literature on poverty alleviation microfinance,anti-poverty policy effect and poverty measurement,it is found that few researchers use micro-farm household data to reduce poverty in poverty alleviation microfinance.Quantitative analysis of effects;Part II: Conceptual comparison of microfinance and poverty alleviation microfinance,one-dimensional poverty and multidimensional poverty.Combing relevant theories.The third part: Explain and analyze the basic social and economic situation of A County,the promotion of poverty alleviation and the development of poverty alleviation microfinance,and focus on the poverty reduction effect of A County and the policy background and operation process of poverty alleviation microfinance.A comprehensive overview of the regional characteristics of the study area,the characteristics of poverty and the basic profile of poverty alleviation microfinance.The fourth part: clarify the mechanism of the impact of poverty alleviation microfinance on the poverty reduction effect of poor households,propose two sets of hypotheses based on existing theories and literature,and lay the foundation for empirical analysis.The fifth part: single-dimensional poverty reduction for microfinance The empirical analysis of the effect and multi-dimensional poverty reduction effect,in order to solve the biased estimation problem caused by the selective deviation of farmers' participation in microfinance,first select the propensity score matching model(PSM),and establish the counterfactual framework to measure the participation of poor households.The difference in the effectiveness of poverty reduction that is not involved in microfinance.However,the PSM method ignores the influence of unobservable factors(such as farmers' motivation,endowment traits,etc.)on poverty alleviation effects,so the endogenous conversion model(ESRM)model is further used for analysis.The results show that: First,through the measurement of PSM model,the poverty alleviation effect of poverty alleviation microfinance is obvious.From the perspective of single-dimensional poverty reduction,the poverty reduction effect of poor households participating in poverty alleviation microfinance is 7.79% higher than that of poor households not involved in poverty alleviation microfinance.Judging from the multi-dimensional poverty reduction effect,the multi-dimensional poverty reduction effect of poor households participating in poverty alleviation microfinance is 6.3% higher than that of poor households not involved in poverty alleviation microfinance.Second,through the ESRM model analysis,the decision-making and results of farmers' choice to participate in poverty alleviation micro-credit are affected by observable factors and unobservable factors.After considering the influence of unobservable factors,participation in poverty alleviation micro-credit still remains on poverty.Household single-dimensional and multi-dimensional poverty reduction effects have important positive effects.Third,farmers' insurance policy is influenced by their own endowment and family conditions.The age,health status and location of the poor households will significantly affect the decision of poor households to participate in microfinance.Finally,on the basis of the above,propose to promote A.The reference policies and recommendations for the healthy development of poverty alleviation micro-credit in the county are as follows: to build organizational services and increase the intensity of investment;to grasp the core of the industry and promote long-term development;to improve individual quality and to exert financial efficiency.