家庭普惠金融水平对家庭创业决策的影响:基于CHFS数据的实证研究

The Impact of Inclusive Finance Level of Family on Family Entrepreneurship Decision-making: an Empirical Test Based on CHFS Data

中文关键词:  家庭普惠金融水平  家庭创业决策  信贷可得性  支付便利性  保险覆盖面

英文关键词:inclusive finance level of family (IFLF)  family entrepreneurship decision-making (FED)  credit availability  payment convenience  commercial insurance coverage

中文摘要:

      在国家大力鼓励“双创”和积极发展普惠金融的背景下,从普惠金融视角揭示金融服务对家庭创业决策的微观影响机制对进一步完善相关政策具有重要意义。为此,基于普惠金融理论框架,从信贷、商业保险、第三方支付三个维度衡量了家庭普惠金融水平,利用中国家庭金融调查(CHFS)数据,建立Probit模型实证检验了家庭普惠金融水平对家庭创业决策的影响。结果表明:家庭普惠金融水平对家庭创业决策具有显著的促进作用,并且对农村家庭的影响更大；家庭普惠金融水平对家庭创业决策的影响存在异质性,拥有中低财富水平的家庭受信贷可得性的影响更大,在风险厌恶水平居中的家庭中保险覆盖面有更强的促进作用,在金融基础设施落后的农村地区支付便利性的促进作用则更明显。上述结论表明,提升家庭普惠金融水平,健全社会保障体系,促进城乡均衡发展,均有助提升家庭创业水平。

英文摘要:

      Under the background of the government's vigorous encouragement of “mass entrepreneurship and innovation” and the active development of inclusive finance in China, it is of great significance to reveal the micro-influencing mechanism of financial service level on family entrepreneurship decision-making (FED) from the perspective of inclusive finance. Therefore, based on the framework of inclusive finance theory, measuring IFLF from the three dimensions such as credit, commercial insurance and third-party payment, with China Family Finance Survey data, this paper builds a Probit model and empirically tests the impact of inclusive finance level of family (IFLF) on FED. The results show the following. There is a significantly positive impact of IFLF on FED, with a bigger impact on rural families. There is a heterogeneous impact on FED, and the families with low and medium wealth are more affected by the credit availability, the families with middle risk aversion level are more promoted by the commercial insurance coverage, and the families in rural areas with backward financial infrastructure are more obviously positive promoted by the payment convenience. The above conclusions indicate that increasing the IFLF, improving the social safeguard system and promoting the balanced development of urban and rural areas can help boost the family entrepreneurship.