Research On Family Farm Financing Problem In Hunan Province

At present,with the advancement of urbanization and industrialization,major changes are taking place in the countryside.China's agriculture as a whole is shifting from a traditional self-sufficiency model to a modern market-oriented model.At the same time,with the expansion of the scale of land circulation,the main body of agricultural management is changing from the traditional small-scale family management to the development model of multiple operating entities.More importantly,in the face of the downward pressure on the global economy,China's agriculture is also facing the “ new normal ” reality of transformation of production factors,transformation of development mode,and transformation of enterprise structure.Therefore,the state has proposed the agricultural development requirements of supply-side structural reform,and the new agricultural management entity is crucial.Family farms occupy a major position in the main body of new agricultural operations and are an important path for agricultural modernization,industrialization and intensive development.They are of great significance in narrowing the gap between the rich and the poor in urban and rural areas and dealing with agriculture,rural areas and farmers.However,many family farms face financing difficulties due to their poor ability to resist risks,lack of effective mortgage assets,and extensive management models.Based on 152 questionnaires,this paper studies the research background and research status of family farm financing issues according to “reading relevant literature—analysing the development status—discovering existing problems—for empirical analysis—proposed policy recommendations” The textual thinking is to study the financing of family farms in Hunan Province.Firstly,the definition of family farm and its characteristics and family farm financing is defined.According to the theory of imperfect competition,information asymmetry theory and property rights and transaction cost theory,the problem of family farm financing difficulty is analyzed theoretically.Secondly,the data obtained in the questionnaire were compiled,and the current situation of family farm financing in Hunan Province was described from the aspects of family farm's capital demand,financing channels,loan method and loan acquisition.problem.Then,in the chapter of empirical analysis,through the construction of the binary logistic model,combined with the relevant literatureto find out the 14 influencing factors that may affect the family farm financing,and empirically analyze it,and draw a few ways for family farm loans.Mainly from rural commercial banks,the main purpose of loans is to purchase equipment and some long-term investments such as land transfer,rather than short-term,the most choices in family farm loans are still mortgages or secured loans.The main factors affecting family farm financing are: whether there is any accounting,whether there is a complete financial record,whether to participate in policy agricultural insurance,whether there is a mortgage or a third-party guarantee company,whether there is government support policy,etc..On this basis,the first is to improve the production and operation of family farms,the second is to give full play to the financial institutions to help,the third is to vigorously support the development of policy-based agricultural insurance,the fourth is to innovate the family farm loan mortgage,and the fifth is to refine The family farm support policy,the sixth is to give full play to the help of the government departments to improve.