摘要
农信社改革改善金融支农功能有两项目标,一是提高农信社对具还款能力和还款意愿的农户的贷款覆盖面;二是减少非商业化导向的农户贷款,解决利用金融手段履行财政职能的问题。本文利用全国农村固定观察点农户调查数据,采用倍差法,通过研究2003年启动的农信社改革对于不同类型农户借贷获得的影响,分析上述两项目标是否达到。2003～2006年,年内获得农信社贷款的农户比例呈下降趋势,这说明改革后农信社农户贷款的覆盖面反而在减少。倍差法分析表明,无论第一批还是第二批省份农信社改革试点,都没有显著促进农户信贷的总体覆盖面。其中,改革引致贫困村农户的信贷可得性下降,农信社将信贷资源选择性配给到贫困村的问题有所缓解。对于非贫困村农户,第一批试点省份改革仅改善了以农业为主业农户的信贷可得性,第二批试点省份改革则对各类农户贷款获得都没有显著影响。本文的实证研究证明:上一轮农信社改革减弱了金融财政化问题,但并未更好满足农户有效信贷需求。
The goal of RCC reform is to broaden the access to finance to those creditworthy clients, while avoid distributing non-commercial loans for fiscal purpose. By using the ＂fixed site＂ rural household panel data, this paper studies whether the Rural Credit Cooperative （RCC） reform started from 2003 have achieved the goals from the perspective of access to credit for the rural household in China. The outreach of RCC loan to rural household has declined during 2003 to 2006. The differences in difference analysis further confirm the reform didn＇t enhance the outreach to the rural household. The decrease in access to RCC loan in poor villages may have positive meanings, as the RCC has changed from selective credit allocation to the poor areas. But it＇s clear the RCC reform have little effect in promoting loan outreach to viable rural household clients. The pilot RCC reform in 2003 only benefits those rural household from the non-poor villages and major in agriculture, the follow up RCC reform in 2004 not even benefits the agriculture household. This empirical study shows the latest round of RCC reform did weaken the problem of distributing loans for fiscal purpose, but fails to improve and broaden loan service to satisfy the financing need of rural household.
出处
《金融研究》
CSSCI
北大核心
2010年第3期194-206,共13页
Journal of Financial Research
关键词
倍差法
金融财政化
自我可持续
目标客户覆盖面
difference in difference method, distribute loans for fiscal purpose, self-sustainability, outreach to target clientele
