Influence Of IPC Credit Technology On Credit Availability Of Small And Micro Enterprises

The financing difficulty of small and micro enterprises is a common concern of the government and academic circles.This paper studies the influence of credit technology on the credit availability of small and micro enterprises.Based on G bank's loan data of small and micro enterprises from 2011 to 2017,this paper investigates whether IPC credit technology introduced from Germany is conducive to improving the credit availability of small and micro enterprises.After controlling the influence of personal characteristics of business owners,loan contract characteristics,economic environment and other factors on the credit availability of small and micro enterprises,this paper found through the Probit model empirical analysis that the application of IPC credit technology has a significant positive impact on the credit availability of small and micro enterprises.Compared with traditional credit technology,the probability of small and micro enterprise customers applying IPC credit technology to obtain full credit from the bank will be increased by 11.1 percentage points.This paper further tests whether IPC credit technology increases the credit risk faced by Banks while improving the credit availability of small and micro enterprises.Therefore,this paper investigates the default rate of loans of small and micro enterprises with different credit technologies.The empirical results show that after controlling for other factors that affect the loan default rate,the default rate of small and micro enterprises applying IPC credit technology does not increase significantly.Major structure of the thesis are as follows: the first chapter presents the research background and significance of topics,the second chapter made a brief review of related literature,the third chapter introduces the characteristics of the IPC credit technology and application in our country,the fourth chapter the empirical analysis of the IPC credit technology for small micro enterprise credit availability,the influence of the fifth chapter further investigate the IPC credit technology for small micro enterprise loan default rate,the influence of the final chapter on the basis of the previous empirical analysis put forward the corresponding policy recommendations.