Risk Attitude, Rural Household’s Credit and Credit Rationing ——Based on the Analysis of Zhangjiagang City Questionnaire
PANG Xin-jun1,2, RAN Guang-he1
1. School of Economics and Business Management, Chongqing University, Chongqing 400044, China; 2. Department of Business and Trade, Southwest University; Chongqing 400044 ,China
Abstract The paper theoretically analyzes and empirically tests the relationship between the farmer’s risk attitude and credit rationing. The results of descriptive analysis and the Probit model and Logit model indicate that there is a significantly positive relationship between risk attitude and credit rationing. The stronger the farmer’s risk aversion shows, the more seriously the demanded credit rationing produces. The farmer's risk attitude determines the risk cost and risk premium which affects the credit behavior and credit rationing degree. The measures for relieving the farmer’s credit rationing must be taken from government, financial institutions and farmer aspects.
LONG Xin-Jun,DAN Guang-He. Risk Attitude, Rural Household’s Credit and Credit Rationing ——Based on the Analysis of Zhangjiagang City Questionnaire. Economic Survey, 2014, 31(1): 0149.
2014, Vol. 31 
