2016 年 87 巻 4 号 p. 388-393
This study investigates the effect of the organizational reform of rural credit cooperatives in China on their credit expansion and analyzes quantitatively its impact on rural income. By using a panel dataset from 25 provinces over 22 years (from 1990 to 2011), this study shows that the credit is more expanded in less developed provinces since the reform. The econometric analysis finds that the credit successfully improved the income of rural households after the reform, but only in less developed provinces.