Financial Capital,Natural Livelihood Risk Tolerance of Herders and Availability of Fi-nancial Services
The availability of financial services for pastoralists is of great significance in mitigating the impact of livelihood risks in pastoral areas and realizing high-quality development of the livestock sector.Based on the Sustainable Livelihood Approach,the paper empirically analyzes the impact of financial capital on the availability of financial services by using the research data of 648 herders in Ruoergai Grassland,Sichuan Province.The results show that:the financial capital of pastoralists has a significant positive effect on the availability of their financial services,specifically,the financial capital of pastoralists has a significant positive effect on their access to both bank credit and livestock insurance;natural livelihood risk tolerance has a mediating effect between financial capital and bank credit access,with a mediating effect size of 0.072,and there is no significant suppressing effect of natural livelihood risk tolerance between financial capital and livestock insurance access;there is no"elite capture"in contributing to the availability of financial services.Specifically,the positive effect of financial capital on the availability of financial services is more pronounced in the group of pastoralists with low income levels and low levels of education.
financial capitalnatural livelihood risk toleranceavailability of financial servicesbank creditlivestock insurance
万方数据
维普
