An Empirical Analysis on Influence Factors of Rural Financial Exclusion:Based on the Outlets Distribution of Financial Institutions
用县域金融机构网点分布作为金融排斥的代理变量，分析发现人口少、消费低、金融基础设施差的县更易受排斥，并用分位数回归揭示不同水平下各因素影响的差异。
The peasant household's needs for savings,remittances and other basic financial service are not satisfied, and the financial exclusion is widespread in rural areas.This paper analyzes the factors affecting rural financial exclusion from financial suppliers' perspective,using outlets distribution of the county financial institutions as a proxy variable of financial exclusion.The result shows that counties with smaller scale of population, lower total retail sales of consumer goods,poorer financial infrastructure are more susceptible to financial exclusion. Separate analyzing shows that commercial banks pay more attention to the urban population scale and urban resident's income in the network layout,while Rural Credit Cooperatives mainly concern the population scale variable,income variable is not significant.In addition,considering the great difference among counties, traditional OLS mean regression does not show the whole picture.So this paper reviews the effects and significances of each factor with different quantiles using quantile regression,which has higher robustness.And finally policy suggestions are put forward to improve the availability of financial services in rural areas.