Analysis On The Influencing Factors Of Farmers’ Commercial Credit Financing In Northwest China

At present,the key to achieving common prosperity for our country is to solve the rural development problem,and funds play an important role in the long-term and sustainable development of rural areas,however,with the lack of commercial banks in the rural grassroots and the government restrictions on private lending,China’s rural financial development has been pending.As farmers are generally subject to credit rationing,alternative financing is widely used in rural areas,so commercial trust financing—a way of financing which has a direct link with agricultural production is widely accepted,in this way,the farmer’s productive funds are supplemented in a timely manner.However,the commercial trust financing of rural households with credit credit as the main manifestation needs to be improved.Lacking of appropriate norms and laws,excessive credit leads to insufficient market liquidity,Which has brought great restrictions on China’s agricultural market,but also greatly reduced the financing efficiency of commercial credit for farmers.The study of commercial credit in rural areas of China should continue to deepen and enrich,and rural commercial credit will play great effect in the development of rural areas in China.The theory of commercial credit financing at home and abroad is divided into two parts,one is the Alternative Finance Theory,the second is the product market competitive hypothesis,both elaborate the commercial credit financing alternative supplemental function.In addition to that,Some studies major research the commercial credit cinancing of China rural areas,Deepened the Alternative Financing Theory and the Product market competitive hypothesis,which laid the foundation for the further study of rural commercial credit financing.This paper is based on domestic and foreign research,combined with theoretical analysis and empirical verification as a research method,and the study area is northwest rural areas.Based on the latest field survey data,combined with descriptive statistical analysis,inter-variable correlation test,logit model regression analysis and other methods,this paper analyzes the situation of rural commercial credit financing in this area.The empirical analysis makes a descriptive analysis about the sample area,including the farmers family situation,economic income,agricultural production,the situation of borrowing,agricultural purchase.And then,this paper analyzes the influencing factors of commercial credit financing of farmers in the visited area,the results showed that the positive factors included: the borrowing situation,the area of cultivated land,the net income of the household income,the agricultural variety(fertilizer),the purchase channel(industrialization),the technical guidance,the negative influencing factors for the family net income(logarithm).This paper is divided into five chapters,the first chapter is the introduction of the article,the research background,research purpose and significance,research ideas and routes,methods and possible innovation and shortcomings were briefly described.The second chapter introduces the theoretical basis of the full text and the research results of the predecessors.The theoretical basis and the research trends have great inspiration in paper’s topic and research ideas,but also deepened my understanding of economic and financial theory.In the third chapter,the research model is constructed and the descriptive statistical analysis is carried out according to the field survey data.Through the preliminary analysis of the data,the conjecture of influencing factors of farmers’ commercial trust financing is as follows: household and family characteristics,agricultural production characteristics,agricultural resources purchase features and other three aspects may be affected the explanatory variables.The fourth chapter is the empirical test.In this paper,the farmer’s commercial trust financing is used as the dependent variable,and the influencing factors of the explanatory variables are verified by the logit regression model.The empirical results show the factors that have significant influence on the commercial credit financing.The fifth chapter is the conclusion and policy suggestion of the article.On the basis of the previous analysis,i draws the conclusion of the paper and puts forward some suggestions on the perfection of rural finance and agricultural market according to the research results.