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dc.contributor.authorLin, L.en
dc.contributor.authorWang, Weizhuoen
dc.contributor.authorGan, Christopheren
dc.contributor.authorCohen, David A.en
dc.contributor.authorNguyen, Q. T. T.en
dc.date.accessioned2019-05-01T00:44:54Z
dc.date.available2019-04-01en
dc.date.issued2019-04-01en
dc.date.submitted2019-03-21en
dc.identifier.citationLin, L., Wang, W., Gan, C., Cohen, D.A., & Nguyen, Q.T.T. (2019). Rural credit constraint and informal rural credit accessibility in China. Sustainability, 11(7), 1935. doi:10.3390/su11071935en
dc.identifier.issn2071-1050en
dc.identifier.urihttps://hdl.handle.net/10182/10620
dc.description.abstractThis paper investigates the effects of rural households' demographic characteristics on formal credit constraint, and explores the relationship between informal and formal lending in rural China. Using 2013 China's Household Finance survey data, the authors apply probit regression models to investigate the effects of demographic factors on formal credit constraint and the household's decision to borrow from informal credit sources. In addition, the endogenous switching regression model is applied to evaluate the impact of credit constraint on the welfare of rural farm households. The empirical evidence confirms that age, family size, annual household nonagricultural income, level of education, and history of informal borrowing have significant influence over credit constraint. Moreover, annual household nonagricultural income, the presence of children, borrowing from social networks and monthly communication expenses significantly impact rural households' decision to utilise informal borrowing. Results from the endogenous switching regression model suggest that credit constraint by formal credit sources has no impact on household consumption.en
dc.format.extent20en
dc.language.isoenen
dc.publisherMDPIen
dc.relationThe original publication is available from - MDPI - https://doi.org/10.3390/su11071935en
dc.relation.urihttps://doi.org/10.3390/su11071935en
dc.rights© 2019 by the authors. Licensee MDPI, Basel, Switzerland.en
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.subjectChinaen
dc.subjectrural householdsen
dc.subjectcredit constrainten
dc.subjectinformal borrowingen
dc.subjectwelfareen
dc.titleRural credit constraint and informal rural credit accessibility in Chinaen
dc.typeJournal Article
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Agribusiness and Marketsen
lu.contributor.unitDepartment of Financial and Business Systemsen
dc.identifier.doi10.3390/su11071935en
dc.subject.anzsrc14 Economicsen
dc.subject.anzsrc140299 Applied Economics not elsewhere classifieden
dc.subject.anzsrc140210 International Economics and International Financeen
dc.subject.anzsrc150203 Financial Institutions (incl. Banking)en
dc.subject.anzsrc12 Built Environment and Designen
dc.relation.isPartOfSustainabilityen
pubs.issue7en
pubs.notesArticle 1935en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/AGMK
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/FABS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/PE20
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublisheden
pubs.volume11en
dc.identifier.eissn2071-1050en
dc.rights.licenceAttributionen
lu.identifier.orcid0000-0002-5618-1651
lu.identifier.orcid0000-0001-9323-6984


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