Empirical study on the fish farmers’ willingness to participate in the Chinese rural cooperative financing organizations

Abstract

ABSTRACTThis article attempts to identify the key factors which potentially contribute to the fish farmers’ willingness to participate in the new-form of the rural cooperative finance organization (NFRCFO) sponsored by the Chinese governments. A total of 116 fish farmer households as well as small-micro agricultural enterprises are sampled from the villages of Liaoning province in China. A discrete LOGIT model is used for parameter estimations. The results show that most of the factors being considered exhibit statistically significant effects on the fish farmers’ willingness to take part in the NFRCFO following by addressing the associated policy implications.