ANALYSIS ON THE WILLINGNESS OF FARMERS WITH DIFFERENT INCOME LEVELS TO PARTICIPATE IN RURAL LAND CONTRACT MANAGEMENT RIGHT MORTGAGE FINANCING——Based on the Survey Data of Shaanxi and Ningxia

Based on the data of 1192 households and 25 towns,this paper analyzes the farmers' willingness to participate in the financing of rural land contractual management rights by using the hierarchical linear model.Estimation results indicate that the factors affecting the willingness of households to participate in farm mortgage are the characters of the town and township level,household's characteristics,farmers' cognition.Religion,financing mode,sponsored by the number of financial institutions and family network are the common factors affect the different income level of farmers to participate in farmland mortgage financing.With the increase of farmers' incomes,the influencing factors of township level present inverted-U type.