An Analysis About The Effect Factors Of Family Farm Financing Availability In Chengdu

As an important way of agricultural scale operation,family farm has been widely concerned since it was put forward.In recent years,with the support of the central and local governments,family farms have developed rapidly and achieved considerable economic benefits.On the other hand,more and more problems have been exposed in the development of family farms.Among them,financing problems have become an important obstacle to the further development of family farms.In fact,as part of the rural finance,family farm financing natural face stronger financial exclusion,fragmented capital demand,low anti-risk ability,as well as factors such as the lack of effective collateral,are the disadvantage in financing market,and manage the family farm scale caused by large investment demand is exacerbated by its financial troubles.Therefore,it is particularly important to clarify what factors affect the financing availability of family farms and to find targeted countermeasures.Chengdu as one of all the pilot city in China,have issued a series of policies supporting the development of the family farm,but now most of the farm still face the financing problem,therefore,in this paper,based on the survey data of chengdu,179 farms,system test factors that influence the availability of the family farm financing so as to provide reference for chengdu and other places of countermeasures and Suggestions.In the specific research process,this paper sorted out the domestic and foreign research on family farm financing,defined the family farm and financing concepts involved in this paper scientifically,and clarified the theoretical basis of this paper by combining the information asymmetry theory and financial resource theory.On the family farm development present situation and the financing situation of chengdu descriptive analysis,USES the survey data,the system tested the family farm factors,family factors,and the farmer individual three types of variables impact on the family farm financing availability of chengdu,further distinguish the formal financial institutions financing and informal financial institutions financing,to deepen the understanding of family farm financing problems.Based on the above research,this paper finds the following conclusions :(1)at present,family farm financing in chengdu city mainly comes from informal financial institutions,and the financing scale is positively correlated with the annual income,and it is in the range of positive marginal income of debt ratio,so it should be strengthened to meet the financing needs of family farm.(2)land dispersion and land rent were significantly detrimental to family farm financing availability,while factors such as rural credit cooperative organization,access to government subsidies,higher per capita income,young farmers and experienced farmers had significant positive effects.(3)the influence factors of financing of formal financial institutions are different from that of informal financial institutions.For example,land operation scale has no significant influence on financing of formal financial institutions,but it can significantly promote financing of informal financial institutions.Based on the above conclusions,the following countermeasures and Suggestions are put forward :(1)actively promote policy-based financial institutions to play a leading role,strengthen the guidance to commercial Banks,vigorously cultivate new rural financial organizations such as village and town Banks and capital mutual aid agencies,expand the coverage of government subsidies and optimize the subsidy structure;(2)family farms should optimize the land circulation process,improve the efficiency of large-scale operation,improve political and economic participation,and actively expand the source of income.