Empirical Analysis on Farmers’ Mortgage Willingness to the Land Management Right and its Influencing Factors

Rural land mortgage loan is an important part of rural financial products and service modes innovation.As the main demand party of rural finance, farmers' mortgage willingness is significant to the development and spread of rural land mortgage loan business.This paper, based on the survey data of 140 farmers in Liaoning Province in China, analyzes the mortgage willingness to the land management right and its influencing factors by using the Logit mode.The research results show that farmers' mortgage willingness to the land management right is influenced by their age, working experience, the total area of their land, land transferring willingness, income source and supportive policy of the government.Based on the research, this paper also puts forward suggestions on quicken the development of land management right mortgage loan business.