摘要
本文利用2013年中国家庭金融调查(CHFS)数据,通过因子分析法构建居民金融能力指数,运用Probit模型、工具变量法和中介效应模型实证分析了金融能力对贫困的影响以及金融能力、金融决策与贫困之间的作用机理。研究发现:(1)无论是绝对贫困还是相对贫困,金融能力能够显著抑制贫困的发生,且城镇地区相较农村地区更明显。(2)金融能力对贫困的影响既存在"抑制效应",也存在"偏离效应",两者之间呈现正"U"型关系。(3)经中介效应模型计算可知,在"抑制效应"下,金融能力可以通过改善金融决策来缓解居民贫困状况。具体而言,在三种不同的贫困状况衡量方式下,金融决策的中介效应占比分别为25.42%,22.96%和21.60%。
Based on China Household Financial Survey data in 2013,through the factor analysis meth- od to build financial capability index,using the Probit model,the instrumental variable method and the mediation effect model empirical analyze the financial impact on poverty and the mechanism between financial capability,financial decisions and poverty.The study found as follows:Firstly,financial capability can significantly improve poverty in both absolute and relative poverty,and urban areas are more obvious than rural areas.Secondly,the impact of financial capacity on poverty has both "inhibition effect"and"deviation effect",and there is a positive "U"relationship between them.Thirdly,the intermediary effect model calculation shows that the financial capability can improve financial decision making to alleviate poverty,to be specific,in three different ways of poverty measure,the mediation effect of financial decisions accounted for 25.42%,22.96%and 21.60%respectively.
作者
谭燕芝
彭千芮
TAN Yan-zhi;PENG Qian-rui(Business School,Xiangtan University)
出处
《经济理论与经济管理》
CSSCI
北大核心
2019年第2期62-77,共16页
Economic Theory and Business Management
基金
国家社科基金重点项目(18AJL005)
湖南省研究生科研创新项目"农户消费异质性与经济增长动力研究"的资助
关键词
金融能力
金融决策
贫困
中介效应
financial capability
financial decision
poverty
mediation effect
