Study On The Poverty Reduction Effect Of Agricultural Credit Rationing

Since the reform and opening policy,governments at all levels have adopted various anti-poverty policies to alleviate poverty in rural areas,and have achieved remarkable results.But poverty alleviation work is still grim,has entered the crucial spurt of tackling the problem now.Rural finance and agricultural economic development,the construction of new socialist countryside and even poverty alleviation in rural areas and other aspects are inextricably linked.In particular,the implementation of the policy of poverty alleviation in rural areas plays an important role in the alleviation of poverty in rural areas.Credit rationing,as a key element of rural finance,will also exert a subtle influence on poverty in rural areas.This paper in the starting point of credit rationing analyzes the relationship of poverty in rural areas.At the same time,this paper uses panel threshold model and spatial econometric model to carry out empirical analysis,and put forward relevant policy recommendations upon the findings,it will help to propose poverty alleviation and poverty reduction measures that has greater intensity and is more targeted and direct to precisely alleviate poverty.The main conclusion of this paper is that:firstly,inside the space,the poverty alleviation effect of agricultural credit rationing is also significantly different under different economic development levels and in different areas;secondly,outside the space,there is significant spatial correlation of poverty in rural areas of our country,and the degree of agricultural credit rationing has significant positive correlation with poverty in rural areas,the differences in agricultural credit rationing,government economic behavior,human capital investment,industrial structure and agricultural means of production are the important causes of the difference of poverty in rural areas.The conclusion of the study suggests that: firstly,while making the policy of regional credit supporting the agriculture,the influence of poverty and related factors in neighboring areas should be fully considered,so that the regional and peripheralregions policy play a synergistic role.Secondly,regional rural financial institutions should fully play the role in supporting agriculture.While increasing credit support,we should pay more attention to the construction of regional credit information system,reduce the degree of information asymmetry and improve the efficiency of credit agriculture.Thirdly,we should dynamically adjust the level of local governments' economic participation,increase human capital investment,optimize the industrial structure,promote the scale of agriculture and modern production process,to create a strong external environment for alleviating poverty in rural areas.Finally,the paper puts forward some policy suggestions on the construction of differential system between credit and poverty reduction from three aspects:standardization credit investment,financial product and service innovation,and the government's boosting rural asset mortgage.