Lin, LiqiongWang, WeizhuoGan, ChristopherNguyen, Quang TT2021-02-052019-06-112019-062071-1050IE8OE (isidoc)https://hdl.handle.net/10182/13350This study investigates the effect of demographic factors on formal and informal borrowing households in rural Fujian Province. The study tests whether credit constraint affects rural farmers’ welfare in the studied region, using a probit regression and endogenous switching regression model to analyse data collected in 2017 from 960 farm households. Analysis shows that age, poverty, household size, and farmland size operate to constrain credit in formal borrowing. Results also indicate that level of education, farm land size and age have significant impacts on rural household borrowing from informal sources. The results from the endogenous switching model approach suggest that credit constraint does have a significant impact on rural farmers’ consumption and welfare in Fujian province.19 pagesen© 2019 by the authors. Licensee MDPI, Basel, Switzerland.Chinarural householdscredit constraintinformal borrowingwelfareJournal Article10.3390/su11113221ANZSRC::1502 Banking, Finance and InvestmentANZSRC::140201 Agricultural EconomicsANZSRC::070106 Farm Management, Rural Management and AgribusinessANZSRC::140210 International Economics and International Finance2071-1050https://creativecommons.org/licenses/by/4.0/Attribution