The Effect Of Use Of Rural Land Management Right Mortgage Loan On Income Of Rural Households

For a long time,the lack of effective collateral has been an important reason for Chinese rural households to “funding and financing expensive”.Severe credit constraints not only hindered the large-scale development of agriculture,but also contributed to the improvement of rural households' income levels.Rural land management right mortgage loan had been piloted to alleviate the financing difficulties faced by rural households in agricultural production activities,in order to finally achieve agricultural development and rural households' income.However,in the trial of rural land management right mortgage loan,the phenomenon that loans originally applied to agricultural production activities were transferred to non-agricultural production activities appeared,this phenomenon undoubtedly makes the difference in loan use have different effects on the income of the mortgage farmers.The existing research shows that the impact of loan use of microfinance,financial support or financial poverty alleviation loan on the income of rural households is significantly different.At the same time,domestic scholars have proved that moderate expansion of farmland management scale is an effective way to increase rural households' agricultural income through empirical analysis.Inspired by the research results of the above scholars,based on the field research data of Tongxin County in Ningxia province,this paper first summarizes the problems existing in the mortgage loan operation of farmland management rights in Tongxin County,Ningxia Province.Secondly,constructs the Probit model to investigate the difference in the impact of loan use on the income of rural households with rural land management right mortgage;Then,introduces “ business scale expansion ” as a mediator variable and constructs a mediation effect model to explore the mechanism of the effect of loan use on rural households' income from rural land management right mortgage;Finally,This paper proposes countermeasures from three aspects: government departments,financial institutions,and rural households themselves to promote the smooth operation of the pilot operation of rural land management right mortgage loan,improve the role of rural land management right mortgage loan in promoting rural households' income increase,and improve rural households' Income level.The conclusions drawn from this paper are as follows:(1)the effect of rural land management right mortgage loan on rural households' agricultural production is greater than non-agricultural production;(2)the scale of operation in the use of loans to the ruralhouseholds' income it plays a significant mediation role in the impact.Through further analysis,it is found that the mediation role of the scale of operations is more prominent in agricultural production than non-agricultural production;(3)The three control variables of the head of household,the health status of labor force,and the training experience have a significant positive impact on the income of the rural households,but only the health status of labor force and the training experience can significantly affect the income of the rural households by expanding the scale of operations.