Research on Farmer Credit from the Perspective of Financial Linkage

摘要

Based on the theory of credit rationing and the survey data of 324 households in Shaanxi Province, this paper uses heckprobit sample selection method to study and analyze the impact of joining cooperatives on farmers'credit rationing. The results show that after joining the cooperatives, the degree of bank credit rationing for peasant households has been reduced, at the same time, the degree of self-credit rationing for peasant households has been alleviated, and financial linkages can improve the confidence and willingness of peasant households. The policy enlightenment lies in that the government should strengthen the guidance and support for cooperatives, promote the institutional innovation of rural financial support for agriculture, countryside and farmers, and improve the rural financial environment.