It has been commonly recognized that the cooperative finance organizations in China's rural areas have been playing an important role in spreading farm production risks, increasing farmers' income, as well as ...It has been commonly recognized that the cooperative finance organizations in China's rural areas have been playing an important role in spreading farm production risks, increasing farmers' income, as well as stimulating the overall rural economic growth. This paper attempted to identify the key factors which potentially contributed to the farmers' willingness to participate in the new-form of the rural cooperative finance organizations sponsored by the Chinese governments. In the process, a total of 442 farmer households as well as small-micro farming enterprises were sampled from the villages in Panjin municipality of Liaoning Province in China, where the new form of the rural cooperative finance organization(NFRCFO) experiment was under way. Those potential factors were classified into the four categories, including the characteristics of the famer households, the reputation of the rural finance cooperatives, transaction costs paid, as well as service quality. A discrete Logit model was used for parameter estimations. The results showed that most of the factors being considered exhibited statistically significant effects on the farmers' willingness to take part in NFRCFO, but with each presenting different levels of impacts. The causes and effects for those uncovered empirical results were fully discussed following by policy implication discussion.展开更多
Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at ...Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The China Finance Review International aims to publish quality empirical and theoretical works on important financial and economic issues in the profession.We encourage ground-breaking research related to new and niche areas in finance,such as Fintech and cryptos,ESG,climate finance,and socially responsible investments.We welcome critiques of existing literature and comparative analysis between emerging markets and developed economies.展开更多
China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China ...China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally.It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and ecor omics discipline and on developing countries hoping to learn from China’s financial and economic development.展开更多
China Finance Review International,published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China ...China Finance Review International,published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally. It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and economics discipline and on developing countries hoping to learn from China’s financial and economic development.展开更多
基金Supported by the Department of Ocean and Fishery Management in Liaoning Province(201738)
文摘It has been commonly recognized that the cooperative finance organizations in China's rural areas have been playing an important role in spreading farm production risks, increasing farmers' income, as well as stimulating the overall rural economic growth. This paper attempted to identify the key factors which potentially contributed to the farmers' willingness to participate in the new-form of the rural cooperative finance organizations sponsored by the Chinese governments. In the process, a total of 442 farmer households as well as small-micro farming enterprises were sampled from the villages in Panjin municipality of Liaoning Province in China, where the new form of the rural cooperative finance organization(NFRCFO) experiment was under way. Those potential factors were classified into the four categories, including the characteristics of the famer households, the reputation of the rural finance cooperatives, transaction costs paid, as well as service quality. A discrete Logit model was used for parameter estimations. The results showed that most of the factors being considered exhibited statistically significant effects on the farmers' willingness to take part in NFRCFO, but with each presenting different levels of impacts. The causes and effects for those uncovered empirical results were fully discussed following by policy implication discussion.
文摘Background The China Finance Review International is a flagship academic journal broadly covering the Chinese and international financial markets.The journal is founded by Antai College of Economics and Management at Shanghai Jiao Tong University,one of the top universities in Asia.The China Finance Review International aims to publish quality empirical and theoretical works on important financial and economic issues in the profession.We encourage ground-breaking research related to new and niche areas in finance,such as Fintech and cryptos,ESG,climate finance,and socially responsible investments.We welcome critiques of existing literature and comparative analysis between emerging markets and developed economies.
文摘China Finance Review International*published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally.It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and ecor omics discipline and on developing countries hoping to learn from China’s financial and economic development.
文摘China Finance Review International,published by Emerald Publishing in cooperation with the Antai College of Economics and Management at Shanghai Jiao Tong University publishes academic writings by scholars from China and globally. It is the wish of the Editorial Board that discussions and debates published in the journal will have strong impact on China’s economic and financial policy-making processes,the development of the finance and economics discipline and on developing countries hoping to learn from China’s financial and economic development.
