The best way to conference proceedings by Francis Academic Press

Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Financial Literacy, Policy Incentives and Farmers’ Housing Mortgage Demands

Download as PDF

DOI: 10.25236/emcs.2018.066

Author(s)

Xinyao Jiang, Tong Wang, Qi Rui, Linrui He

Corresponding Author

Xinyao Jiang

Abstract

The research based on the survey figures of 708 rural households in Sichuan province and Chongqing city, explaining the mechanism of financial literacy which affects the farmers’ housing mortgage loans, and verifies the path relationship between evaluation of the participated farmers and the farmers’ housing mortgage demands. Findings suggest that financial literacy has a significant positive impact on farmers’ housing mortgage loan demands, and the impact will be improved due to strong policy incentives.

Keywords

Factor analysis, Probit regression, Financial literacy, Policy incentives, Housing mortgage