Self-Employed Versus Paid-Employed: What are the Different Preferences for Microfinance? Experimental Evidence From Rural China

Author:

Ding Zhao1ORCID,Fan Xinyi1,Zhang Jingye2

Affiliation:

1. Sichuan Agricultural University, Chengdu, China

2. Chengdu Rural Administration Academy, Sichuan Province, China

Abstract

Microfinance has gained significant importance in supporting the livelihoods of individuals in developing economies. This paper examines the influence of self-employment on preferences for microfinance, based on the hypothesis that self-employment choices and participation in microfinance share the same decision-making ability. The analysis utilizes data from a recent survey conducted in rural China, employing a generalized multinomial logit model (GMNL) to account for both preference heterogeneity and scale heterogeneity. This model allows us to investigate the choice probabilities and the impact of different types of self-employment on preferences for microfinance attributes. The empirical findings indicate that engaging in self-employment contributes to a sense of reassurance regarding preferences for microfinance among rural respondents. Specifically, non-agricultural self-employment has a positive effect on this preference, whereas agricultural self-employment has a negative effect.

Publisher

SAGE Publications

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3