Research on the impact of farmers' credit default risk -- from the perspective of social capital

DOI

10.2991/wrarm-19.2019.29How to use a DOI?

Keywords

credit default, repayment willingness, repayment ability, social capital

Abstract

Based on the survey data of farmers in shaanxi province in 2019, this paper attempts to identify the influencing factors of farmers' credit default risk from two aspects: farmers' willingness to repay loans and their ability to repay loans. This paper selects five indicators, including the farmer householder individual characteristics, family characteristics, family economic characteristics, geographic location and social capital, through Biprobit model analyzes the factors influencing the supply and demand of farmers' credit, through the Probit model, from two aspects of farmers’ ability to repay the loan and their willingness to repay the loan ,to identify the factors that affect farmer credit default risk. The results show that social capital has a positive impact on farmers' ability and willingness to repay loans, and can reduce the risk of farmers' credit default. Therefore, farmer's social capital can be used as an effective reference index to predict farmer's credit default risk.

Copyright

© 2019, 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  - Yanan Liu
AU  - Jing Wang
PY  - 2019/09
DA  - 2019/09
TI  - Research on the impact of farmers' credit default risk -- from the perspective of social capital
BT  - Proceedings of the Sixth Symposium of Risk Analysis and Risk Management in Western China (WRARM 2019)
PB  - Atlantis Press
SP  - 140
EP  - 144
SN  - 1951-6851
UR  - https://doi.org/10.2991/wrarm-19.2019.29
DO  - 10.2991/wrarm-19.2019.29
ID  - Liu2019/09
ER  -