The Impact of Rural Informal Finance on the Growth of Farmers' Household Income

DOI

10.2991/hsmet-17.2017.200How to use a DOI?

Keywords

Rural informal finance, Rural household income, VAR model

Abstract

Based on the relevant time series data from 1984 to 2015, this paper constructs a VAR model to analyze the relationship between the rural informal financial scale and the farmers' household income growth. The results show that rural informal finance has a significant effect on promoting the growth of farmer's household income, even more than that of formal financial support. In the long run, the rural informal financial scale has certain influence on the farmer's household income, but the impact is limited. Therefore, while actively guiding the development of rural informal finance, we should continue to deepen rural financial reform and accelerate rural financial innovation.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xi Shen
AU  - Kun Song
PY  - 2017/02
DA  - 2017/02
TI  - The Impact of Rural Informal Finance on the Growth of Farmers' Household Income
BT  - Proceedings of the 2017 International Conference on Humanities Science, Management and Education Technology (HSMET 2017)
PB  - Atlantis Press
SP  - 1080
EP  - 1086
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-17.2017.200
DO  - 10.2991/hsmet-17.2017.200
ID  - Shen2017/02
ER  -