Land disasters and farmers’ private credit
Land disasters and farmers’ private credit
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DOI：
10.1016/j.frl.2022.102796
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发表时间：
2022-03
影响因子：
10.4
通讯作者：
Zhenqi Fu;Yunqing Tao
中科院分区：
文献类型：
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作者：
Zhenqi Fu;Yunqing Tao
本文利用中国土地经济调查（克莱斯）的数据，研究了土地灾害对农户私人信贷的影响。研究结果表明，土地灾害显著促进农户私人信贷的概率。其机理是土地灾害减少了农民的收入，增加了农民恢复生产的支出，直接增加了农民的信贷需求。此外，土地灾害的频繁发生，迫使农民团结起来抗灾，这增加了农民之间的相互信任，为民间信贷的发展提供了社会基础。最后，农户对土地灾害的反应具有一定的分层特征。
Using data from the China Land Economic Survey (CLES), we study the impact of land disasters on farmers’ private credit. The results show that land disasters significantly promote the probability of farmers’ private credit. The mechanism is that land disasters reduce farmers’ incomes and increase farmers’ expenditures for restoring production, which directly increase farmers’ demand for credit. In addition, the frequent occurrence of land disasters force farmers to unite to resist disasters, which increase mutual trust among farmers and provide a social foundation for the development of private credit. Finally, farmers have certain stratified characteristics in response to land disasters.