An Empirical Analysis on Rural Households' Choice Behavior of Financing:A Survey on Loans of 20000 Rural Households From 10 Provinces
基于2007年2万户农户调查数据，研究发现农民工非农收入可替代贷款，民间互助借贷替代正规金融，且农户融资依赖自有储蓄，支持保守农户假说。
What are the elements that have impact on the farmers' financing choice behaviors when comparing their different approaches to financing? Beside,does the financing sequence exist in their choices? The paper conducts a comprehensive research based on the data of 20000 questionnaires survey commissioned by the PBC in 2007.The study indicates;1.The migrate workers' non-agricultural income can be a strong substitute for the loans.2.the civil mutually-beneficial loans are a substitute for the formal financial institutes,especially non-official financing is more popular in the relatively developed areas in eastern and central.3.the Chinese farmers' financing significantly depend on their own savings,this justifies the hypothesis of the Conservative Peasant. in addition,Chinese farmers' financing choice has no distinction between the commercial financing and mutually -beneficial financing that can substitute for each other.