经济研究
經濟研究
경제연구
Economic Research Journal
2011年
3期
83~94
,共null页
关系 民间借贷 自营工商业 非正规金融 农村
關繫 民間藉貸 自營工商業 非正規金融 農村
관계 민간차대 자영공상업 비정규금융 농촌
Guanxi; Folk Credit; Self-employment; Informal Finance; Rural China
社会网络可以缓解信息不对称问题，从而促进民间借贷。本文使用中国农村的调查数据，发现拥有更多社会网络的农民，会有更多的民间借贷渠道，从而更有可能创办自营工商业。农村个体工商业的初始投资和后续发展所需的资金很大程度上来自于亲友的借款。本文还发现，在正规金融越不发达的地方，民间借贷对农民创办自营工商业所发挥的作用越大。这表明，依托亲友关系的非正规金融弥补了农村正规金融发展滞后的缺陷。
社會網絡可以緩解信息不對稱問題，從而促進民間藉貸。本文使用中國農村的調查數據，髮現擁有更多社會網絡的農民，會有更多的民間藉貸渠道，從而更有可能創辦自營工商業。農村箇體工商業的初始投資和後續髮展所需的資金很大程度上來自于親友的藉款。本文還髮現，在正規金融越不髮達的地方，民間藉貸對農民創辦自營工商業所髮揮的作用越大。這錶明，依託親友關繫的非正規金融瀰補瞭農村正規金融髮展滯後的缺陷。
사회망락가이완해신식불대칭문제，종이촉진민간차대。본문사용중국농촌적조사수거，발현옹유경다사회망락적농민，회유경다적민간차대거도，종이경유가능창판자영공상업。농촌개체공상업적초시투자화후속발전소수적자금흔대정도상래자우친우적차관。본문환발현，재정규금융월불발체적지방，민간차대대농민창판자영공상업소발휘적작용월대。저표명，의탁친우관계적비정규금융미보료농촌정규금융발전체후적결함。
Social Networks can lessen the problem of asymmetric information, thus can promote folk credit. Using data from rural China, this paper finds that the more social network one has, the more likely he can borrow money from his relatives and friends, the more likely he can establish a business. The initial investment and following growth of enterprises are relying on folk credit to a large extent. We also find that, the effect that social networks has on self-employment is larger in places where formal finance is less developed. This indicates that informal finance which relies on social networks can make up the failure of formal financial development in rural China.
