作　　者： ;

机构地区： 信阳师范学院

出　　处： 《经济与管理研究》 2019年第11期56-69,共14页

摘　　要： 本文基于信任视角实证分析了居民对熟人圈的特殊信任和对社会公众的普遍信任对家庭融资渠道偏好的影响。考虑了内生性影响的稳健性估计结果表明:普遍信任、特殊信任分别显著提升了家庭首选正规和非正规融资渠道的可能性;从实际融资额度来看,特殊信任促进了家庭整体的融资行为,但其对非正规渠道融资额度的影响更大,而普遍信任显著提高了家庭正规渠道融资额度,同时显著降低了家庭非正规渠道融资额度;随着市场化进程的推进,中国居民家庭的融资渠道选择行为中普遍信任的作用得到了强化,但市场化并未改变特殊信任对家庭是否首选正规或非正规融资渠道以及不同渠道下融资额度的影响。研究还发现,家庭收入以及家庭人口特征如家庭成员数、党员身份、户籍、婚姻、年龄、性别等对家庭融资渠道偏好均有显著影响。 Based on the perspective of trust,this paper empirically analyzes the influence of the residents’ special trust in the circle of acquaintances and the general trust in the public on the preference of household financing channels. The robust estimation results considering endogenous effect show: general trust and special trust significantly increase the possibility that households would choose formal and informal financing channels respectively;from the perspective of the actual financing amount,the special trust promotes household financing behavior as a whole,but it has a greater impact on the informal financing amount,while the general trust significantly increases the formal financing amount and significantly reduces the informal financing amount;with the advance of marketization,the role of general trust in the choice of household financing channels in China has been strengthened,however,marketization has not changed the influence of special trust on whether the households first chooses formal or informal financing channels and the amount of financing in different channels. It is also found that household income and household demographic variables such as family numbers,party membership,household registration,marriage,age and gender had significant effects on household financing channels preference.

关 键 词： 家庭融资 特殊信任 普遍信任 市场化进程 正规融资 非正规融资

领　　域： [经济管理—金融学]