非对称信息下的农村信贷配给机制研究——基于供给和需求特征的实证考察.pdfVIP

∗ ∗ 非对称信息下的农村信贷配给机制研究∗∗ 非对称信息下的农村信贷配给机制研究 非非对对称称信信息息下下的的农农村村信信贷贷配配给给机机制制研研究究 — — ———基于供给和需求特征的实证考察 黄惠春 张龙耀 褚保金 （南京农业大学经济经济管理学院，210095） 摘 要 摘 要 摘摘 要要：本文从农村金融机构的供给和农户的需求特征两个角度同时出发，基于信息不对称下非价格配给的 分析框架，对导致农户融资困境的多种信贷配给机制进行集中分析。基于特殊设计的直接诱导式询问的方法，本 文通过实地调查较为准确地区分了不同农户面临的信贷配给机制。实证分析表明，农户面临着供给和需求两个方 面的信贷配给。农户特征、耕地规模、工资性收入、以往的贷款经历和社会资本对供需两方面的信贷配给有着不 同的影响。本文揭示了社会资本配给机制在农村信贷市场中的存在，从而为农村信贷市场的进一步完善提出了新 的方向。 关键词： 关键词： 关关键键词词：：信息不对称 信贷配给 配给机制 社会资本 RuralCreditRationingwithAsymmetricInformation RuralCreditRationingwithAsymmetricInformation RRuurraallCCrreeddiittRRaattiioonniinnggwwiitthhAAssyymmmmeettrriiccIInnffoorrmmaattiioonn ——BasedontheCharacteristicsofSupplyandDemand HuangHuichun ZhangLongyao Abstract: Abstract: AAbbssttrraacctt:: Based on the non-price rationing analyses framework with asymmetric information, we exam different kinds of credit rationings which have led to the farmers’ financial difficulties from the aspect of the characteristics of supply and demand. Through specific Direct Elicitation Methodology, the farmers’ credit rationings are divided into different categories. The result shows that farmers are faced with credit rationings resulting from supply and demand, which is influenced by farmers’ characteristics, farm scale, wage, the experience of credit and social capital respectively. We prove the existence of the social capital rationing in the rural credit market, which points out a new reform way to improvetheruralcreditmarket. Keywords: Keywords: KKeeyywwoorrddss::AsymmetricInformation,creditrationing,rationingmechan