摘要
数字普惠金融的迅猛发展为推动农村金融体制改革,改善农户信贷获得提供了有利契机。使用北京大学数字普惠金融指数和2014—2018年中国家庭追踪调查数据发现,数字普惠金融的发展显著提高了农户的正规信贷可得性和正规信贷规模,通过Biprobit模型和CMP模型进行稳健性检验,并运用工具变量和LPM模型克服潜在的内生性后,结果仍然稳健。研究同时发现,数字普惠金融对农户的非正规信贷获得具有负向影响但并不显著。机制分析发现,数字普惠金融主要通过降低交易成本、缓解信息不对称和降低抵押品要求提高了农户的正规信贷获得。异质性分析表明,数字普惠金融对较高收入农户和较低收入农户的正规信贷获得具有更大的促进作用,但是对中等收入农户的影响并不显著。由此提出,要大力支持数字普惠金融发展,提升农户互联网使用技能,注重农户个人信用积累和关注农村中等收入群体的利益诉求。
The rapid development of digital financial inclusion provides an opportunity to promote the reform of rural financial system and improve farmers’access to credit.By using Digital Inclusive Financial Index of Peking University and 2014-2018 China Family Panel Studies(CFPS),this paper finds that the development of digital financial inclusion significantly increases the access to and the scale of formal credit.That results remain robust after robustness test using Biprobit,CMP and overcoming potential endogenous effect through IVprobit and LPM.However,it is found that digital financial inclusion has negative impact on farmers’access to informal credit but this impact is not significant.Further research shows that it improves the farmers’access to formal credit mainly by reducing transaction costs,information asymmetry and collateral requirements.The analysis of heterogeneity shows that the development of digital financial inclusion has a greater effect on the credit access to farmers with much higher or lower income,but it does not have a significant impact on middle-income farmers.Therefore,it is necessary to strengthen the rural Internet infrastructure,improve farmers’skills of using Internet and credit accumulation,and pay more attention to the interests of middle-income farmers.
出处
《华中农业大学学报（社会科学版）》
CSSCI
北大核心
2021年第1期109-119,179,共12页
Journal of Huazhong Agricultural University(Social Sciences Edition)
基金
北京市社会科学基金一般项目“普惠金融背景下京津冀农村移动金融的风险、监管与机制创新研究”(17YJB022)。
关键词
数字普惠金融
信贷获得
信息不对称
中等收入农户
digital inclusive finance
access to credit
information asymmetry
middle-income farmers
