STUDY ON THE INFLUENCE OF CREDIT BEHAVIOR OF RURAL HOUSEHOLDS ON GRAIN PRODUCTION TECHNICAL EFFICIENCY——BASED ON THE PANEL DATA OF 3 255 FARMERS IN THE THREE PROVINCES FROM 2012 TO 2018
Based on the perspective of allocation of production factors,this paper theoretically analyzed the pathways of credit behavior of rural households on grain production technical efficiency with the panel data of 3 255 rural households from fixed observation points of Agriculture Economics Institute of Chinese Academy of Agricultural Sciences from 2012 to 2018.Firstly,we used the stochastic frontier model to measure rural households' grain production technical efficiency.Secondly,we constructed a fixed effect model to empirically analyze the direction and intensity of the impact of credit behavior of rural households on grain production technical efficiency,then we adopted the Iv-2sls method to deal with the endogeneity of the impact of credit behavior of rural households on grain production technical efficiency,and conducted a series of stability tests.The results showed that the technical efficiency of grain production was significantly promoted by credit behavior of rural households,and the technical efficiency of grain production was 0.017 higher for rural households with credit behavior than that of rural households without credit behavior.In addition,rural households' party membership,agricultural technical training,the number of family non-agricultural labor force and participation in cooperatives had significant promoting effects on grain production technical efficiency.However,the number of household labor force had a significant inhibitory effect on grain production technical efficiency.It concludes that rural households use loan funding to optimize the allocation of production factors,and thereby enhance grain production technical efficiency.
credit behavior of rural householdsgrain production technical efficiencyallocation of production factorspathways
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