Analysis Of The Financing Demand Structure And Availability Of Family Farms In China

Based on the review of existing literature and the definition of concepts such as family farms and financing needs,this paper bases on agricultural credit subsidy theory,rural financial market theory,incomplete competitive market theory and financing structure theory.Part of the family farms in Jinhua City is the research object.Through a questionnaire survey on 111 family farms,first-hand data are obtained.Descriptive statistical analysis was carried out on the basic conditions of the family farmer's cultural level,social relations,farm management type,management scale,and average annual real income.This paper mainly studies the two aspects of family farm financing demand structure and financing demand satisfaction.First,through the general description and SPSS variance test method,the financing structure of family farms of different planting types is analyzed and found:(1)The financing channels are convergent: the first choice of financing channels for the four types of farming farms when there is a demand for funds is formal finance Institutions;(2)Differences in financing scale: from the highest to the lowest,the amount of financing is vegetable-growing farms> fruit-growing farms> grain-growing farms;(3)financing use differences: different types of farms need funds The specific uses are different;(4)Financing period and interest rate difference: the longest financing period is required for grain-growing farms,and the shortest financing period is required for vegetable-growing farms.Secondly,the characteristics of the satisfaction degree of the family farm are described.The influencing factors are analyzed from the fund supply side and the demand side,and on this basis,the Tobit intercept regression model is used for empirical research to find the specific influencing factors of financing satisfaction.The empirical results show that the farmer's education level,farm land scale,actual annual farm income,loan channel,loan method,and loan term all have a significant impact on the farm's financing satisfaction.Among them,the farmer's education level,farm land scale,actual annual farm income,and loan channels have a positive impact;business type,loan method,and loan duration have a negative impact on satisfaction.Finally,based on the above conclusions,the following recommended policies are proposed: family farmers should take the initiative to learn,improve their management capabilities,and achieve self-development;financial institutions should innovate agricultural-related financial products for different types of family farms;the government should give full play to its role to guide rural finance organization.