Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference
Summary. Financial literacy significantly promotes entrepreneurship among Chinese rural households by reducing credit constraints, though risk preference weakens this effect. The study finds that only 11.2% of rural households start businesses, and that improving farmers' financial literacy—currently low at 11.2%—can help them overcome traditional credit barriers and pursue entrepreneurial ventures. Risk-averse farmers show weaker entrepreneurial responses to improved financial literacy.
Cite this article
Liu, S., He, J., & Xu, D.. (2023). Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference. International Journal of Environmental Research and Public Health. https://doi.org/10.3390/ijerph20064981
Liu, Silin, et al. “Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference.” International Journal of Environmental Research and Public Health, 2023. https://doi.org/10.3390/ijerph20064981.
Liu, Silin, Jia He, and Dingde Xu. 2023. “Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference.” International Journal of Environmental Research and Public Health. https://doi.org/10.3390/ijerph20064981.
@article{liu-2023-understanding-relationship-between-financial-literacy,
title = {Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference},
author = {Silin Liu and Jia He and Dingde Xu},
journal = {International Journal of Environmental Research and Public Health},
year = {2023},
doi = {10.3390/ijerph20064981},
url = {https://doi.org/10.3390/ijerph20064981}
}
TY - JOUR TI - Understanding the Relationship between Financial Literacy and Chinese Rural Households’ Entrepreneurship from the Perspective of Credit Constraints and Risk Preference AU - Silin Liu AU - Jia He AU - Dingde Xu JO - International Journal of Environmental Research and Public Health PY - 2023 DO - 10.3390/ijerph20064981 UR - https://doi.org/10.3390/ijerph20064981 ER -
Details
- DOI
- 10.3390/ijerph20064981
- Countries
- China
- Regions
- Asia
- Categories
- entrepreneurship, funding
- Added
- 2026-04-28