An Empirical Study On The Influencing Factors Of Farmers’ Opportunistic Behaviors In The Implementation Of Financial Poverty Alleviation Microfinance In County G

The concept of "targeted poverty alleviation" proposed by General Secretary Xi has important guiding significance for poverty alleviation in China.Specific policies and measures such as targeted poverty alleviation in industry and targeted poverty alleviation in finance have played a huge role in poverty alleviation in China.However,the moral hazard problems exposed by poor farmers themselves hinder the sustainable and healthy promotion of targeted poverty alleviation.At present,there are few academic researches on the influencing factors of farmers’ opportunistic behavior in the process of targeted poverty alleviation.This paper takes the poverty alleviation micro credit policy in the financial targeted poverty alleviation as an example and investigate the basic information of 326 poor farmers who have applied for and obtained the poverty alleviation micro-credit in G County,Hubei Province,as well as the credit staff of agricultural and commercial banks and the local poverty alleviation.Based on the data from the interviews with the staff,this paper analyzes which factors will affect the occurrence of opportunistic behaviors of farmers through the structural analysis model and puts forward policy suggestions on how to reduce the possibility of the occurrence of opportunistic behaviors of farmers.Reducing the possibility of opportunistic behavior of loan households is conducive to the healthy and sustainable development of poverty alleviation micro credit and improves the poverty alleviation effect of poverty alleviation micro credit policies.This paper consists of eight chapters.The first chapter is the introduction.The second chapter expounds the related concepts and theoretical basis.The third chapter analyzes the implementation of poverty alleviation policy from two aspects:effect and problem.The fourth chapter analyzes the operation status and existing problems of poverty alleviation microfinance of rural commercial Banks in G county,and the impact of opportunistic behaviors of loan economy on the healthy development of poverty alleviation microfinance.The fifth chapter,based on the previous literature research and data hypothesis,analyzes which factors will affect the opportunistic behavior of the loan farmers.The sixth chapter explains the data source and variable selection and makes a descriptive statistical analysis of the samples.The seventh chapter makes an empirical analysis of the factors that affect the opportunistic behavior of the loan households through the structural analysis method.The eighth chapter puts forward some policy suggestions on how to reduce the possibility of opportunistic behavior of farmers.The results show that:(1)the impact of the individual characteristics of farmers on their opportunistic behavior is not significant.In this paper,age,gender,education level and risk preference are selected as the measurable variables.(2)As for family characteristics of farmers,the measurable variables selected in this paper are respectively the number of population,family income in the year before the loan,multiple occupations level,and the proportion of non-agricultural income.(3)The overall cognitive level of farmers negatively affects the opportunistic of farmers.In this paper,the measurable variables that can measure the level of financial knowledge of loan farmers are the degree of understanding of the significance of poverty alleviation policy,the degree of understanding of financial credit knowledge,and the degree of understanding of the punishment methods for breach of contract in poverty alleviation microfinance.The research results show that by improving the financial knowledge level of the loan farmers,the opportunistic behavior can be reduced.(4)The overall supervision degree of the supervision system,which is mainly composed of credit workers and supplemented by local poverty alleviation cadres,has a negative impact on the opportunistic behavior of farmers.In this paper,the measurable variables that can be used to measure the supervision degree of the supervision subject are the implementation of the supervision system,the implementation of random sampling system and the implementation of the punishment system for breach of contract and violation of regulations.The research results show that it is clear that the main body of supervision can reduce the possibility of opportunistic behavior of loan farmers.(5)The informal system as a whole has a negative impact on the opportunistic behavior of loaning farmers.In this paper,the measurable variable of informal system is whether the rules and regulations of the village are made and the magnificent of the binding force of social customs.The results show that giving full play to the role of village rules and regulations,and improving the binding force of social customs can reduce the possibility of opportunistic behaviors of loan farmers.