Jia, Xiangping; Heidhues, Franz; Zeller, Manfred - In: Agricultural Finance Review 70 (2010) 1, pp. 37-54
gathered from a household survey on North China Plain, the purpose of this paper is to find pervasive rationing in the highly … regulated formal credit market in rural China. The subsidized credit policies favor local elites instead of the targeted poor … informal sectors, this paper elaborates on the fragmented rural credit market in China where different borrower segments are …