Research on the Impact of Financial Inclusion on the Economic Resilience of Farmer Households
Using the 2013-2019 China Household Finance Survey(CHFS)data,this study measures the economic re-silience of farm households based on nonlinear dynamics theory andpoverty trap theory,and explores the effect and-mechanism of financial inclusion on farm households'economic resilience in depth.The study finds a robust result as follows.Financial inclusion effectively improves the economic resilience of farm households,with a 0.4％increase in household economic resilience for every l％increase in the level of financial inclusion.Financial inclusion enhances the economic resilience of farm households mainly inthe two ways of promoting household asset accumulation and entrepre-neurship.The heterogeneity analysis shows that financial inclusion is more effective in enhancing the resilience of fol-lowing ones like households headed by men,households of youth and adults,households with higher human capital,households with lower income and households located in central and western regions of China.
financial inclusioneconomic resilience of rural householdsasset accumulationentrepreneurship
NETL
NSTL
万方数据
维普
