An analysis of the factors influencing choice of microcredit sources and impact of participation on household income
An analysis of the factors influencing choice of microcredit sources and impact of participation on household income
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小额信贷来源选择影响因素及参与对家庭收入的影响分析
DOI：
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发表时间：
2018
期刊：
影响因子：
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通讯作者：
Z. Ding
中科院分区：
文献类型：
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作者：
Z. Ding
人们普遍认为，农村小额信贷有可能促进发展中国家的减贫工作。本文利用中国农村调查的横截面数据，考察了影响农村居民参与不同类型小额信贷决策的因素，以及这些因素对家庭收入和消费的影响。采用多项内生转换回归模型来解释选择偏差和治疗效应。实证结果表明，家庭规模、抚养比、当地临时工资率、信用信息和冲击是决定不同信贷来源选择的主要因素。此外，估计数表明，参与小额信贷往往会大大增加人均收入和消费。鸣谢：
It is widely accepted that rural microcredit has the potential to contribute to poverty reduction in developing countries. This paper examines the factors that affect rural residents decisions to participate in different types of microcredit, and how these factors impact on household income and consumption, using cross-sectional data from a survey in China. A multinomial endogenous switching regression model is employed to account for selection bias and treatment effects. The empirical findings indicate that family size, dependency ratio, local casual wage rate, credit information and shocks mainly determine the selection of different credit sources. Furthermore, the estimates reveal that participation in microcredit tends to increase both per capita income and consumption significantly. Acknowledgement :