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Academic Journal of Business & Management, 2022, 4(8); doi: 10.25236/AJBM.2022.040817.

An empirical study on the impact of Internet technology on demand credit constraints of farmers with different income types


Xiaojuan Wang, Wanying Huang

Corresponding Author:
Xiaojuan Wang

Economics and Management, Northwest A&F University, Yangling, China


Based on the classification of farmers' income level, this paper empirically analyzes the impact mechanism of Internet technology on demand-based credit constraints of farmers with different income by using probit and multivariate ordered logit model. The study found that Internet technology alleviates farmers' demand-based credit constraints by alleviating farmers' transaction cost constraints, information bias constraints, cognitive bias constraints and credit risk constraints. Among them, Internet technology plays a more significant role in alleviating transaction cost constraints for middle-income farmers, cognitive bias constraints for low-income farmers, and information bias constraints and credit risk constraints for farmers with different income levels. 


Different income, Peasant household, Credit constraints, Demand type, Probit, Multivariate ordered logit, Internet technology

Cite This Paper

Xiaojuan Wang, Wanying Huang. An empirical study on the impact of Internet technology on demand credit constraints of farmers with different income types. Academic Journal of Business & Management (2022) Vol. 4, Issue 8: 111-119. https://doi.org/10.25236/AJBM.2022.040817.


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