Investigation On Demand For Formal Credit Services In Family Farms

Agricultural modernization and food security are the foundation of national economic development.As the main force of modern agricultural production and management,family farms have important significance in promoting agricultural modernization.Family farms generally have the advantages of capital and technology compared with the traditional small-scale peasant economy.However,China’s family farms started late,and the relevant management system and service system of family farms are not sound.In addition,due to the unsound development of the financial market system in rural areas and the long-term existence of the dual structure of rural finance,the plight of family farms subject to credit constraints has existed for a long time,and the financing difficulty has become an important factor restricting the development and growth of family farms.Based on the theory of credit rationing,rural financial market correlation theory,farmer behavior theory as the guide,to 133 family farms in Liaoning province based on the field survey data.According to the literature review,analysis of current situation,put forward questions,empirical analysis,give Suggestions for the train of thought to write.Analyzes the basic present situation,the family farm production and operation in Liaoning province credit financing preference and credit financing characteristics.Use binary Logistic model to analyze the family farm key decision makers age,level of education,family labor force and social relations,family year income,whether to have qualified guarantee factors affecting family farm credit financing preference and the impact of formal credit availability.The results of this paper show that the personal characteristics of the main decision-makers of family farm,the characteristics of family farm elements,financial conditions and credit cognition have different degrees of significant influence on the preference of credit financing channels and the availability of formal credit of family farm.In view of this,this paper,based on the research results and conclusions of family farm development at home and abroad,puts forward countermeasures and Suggestions from three aspects of family farm itself,formal financial institutions and the government to alleviate the difficult situation of family farm financing and increase the availability of formal credit for family farm.