Yang Jing, a doctoral student at the Social Security Research Center of Wuhan University, and her collaborators published a paper entitled "Research on the Poverty Alleviation Effect of Agricultural Supply Chain Financial Credit: Based on the Empirical Comparison of Cooperatives Led by Different Entities" in the fourth issue of the CSSCI journal Economic Review in 2019.

【author】Shen Yun,Li Qinghai，Yang Jing

【Published journals】《经济评论》

【Journal level】CSSCI

【Publication time】2019（04）

【Abstract】Agricultural supply chain finance plays an important role in actively promoting financial poverty alleviation and connecting small farmers with the big market. Based on the perspective of farmer cooperatives, this paper constructed a comprehensive index of farmers' multidimensional poverty by using the A-F double-boundary analysis method, and used the propensity score matching-difference-in-difference method (PSM-DID) to compare and evaluate the impact of supply chain finance credit of farmer cooperatives led by different entities on farmers' multidimensional poverty. The results show that: (1) For every 1% increase in the probability of rural households obtaining supply chain financial credit from farmers' cooperatives, the probability of rural households' multidimensional poverty composite index and multidimensional poverty order decreasing increases by 8% and 10%, respectively, and the poverty reduction effect is significant. (2) The supply chain financial credit of farmer cooperatives led by large farmers, enterprises and village cadres has a significant poverty alleviation effect on pure agricultural poor rural households. (3) The higher the proportion of non-agricultural income of rural households, the lower the poverty reduction effect of supply chain financial credit of large farmers and village cadres, while the poverty reduction effect of supply chain financial credit of enterprise-led farmer cooperatives is higher. Therefore, it is particularly important to innovate the supply chain financial credit products and models of farmers' cooperatives according to local conditions, and strengthen the precise implementation of supply chain financial credit of farmers' cooperatives, so as to improve the effectiveness of targeted financial poverty alleviation.

【Keywords】farmer cooperatives; supply chain finance; poverty alleviation effects; multidimensional poverty; PSM-DID

【Funds】This paper was supported by the major project of the Key Research Base of Humanities and Social Sciences of the Ministry of Education "Research on China's Poverty Alleviation Strategy" (Grant No. 16JJD840007) and the Soft Science Project of Sichuan Provincial Department of Science and Technology "Research on the Financing Credit Enhancement Mechanism of New Agricultural Business Entities under the Rural Revitalization Strategy" (Grant No. 19RKX0123).