Risk Assessment of Biological Asset Mortgage Loans of China’s New Agricultural Business Entities
Joint Authors
Zhu, Shuzhen
Chen, Yutao
Wang, Wenwen
Source
Issue
Vol. 2020, Issue 2020 (31 Dec. 2020), pp.1-12, 12 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2020-11-26
Country of Publication
Egypt
No. of Pages
12
Main Subjects
Abstract EN
The large-scale proliferation of China’s new type of agricultural entities has given rise to a higher demand for funds.
Farmers have insufficient effective collateral, which makes it difficult for them to obtain sufficient loans.
Chinese financial institutions have developed a biological asset mortgage loan business to cope with this situation.
China has not considered biological mortgages but has been using real estate and asset mortgage models with strong realizability.
This innovative financial business has achieved positive results since it was attempted, but it also faces many risks.
It is very important to comprehensively and accurately consider the risk factors of biological asset mortgage loans.
Based on 1249 production and operation data samples of new agricultural entities in Zhejiang, Henan, and Shandong provinces, this study constructs an XGBoost model for empirical analysis and compares it with logical regression, support vector machine, and random forest algorithms to obtain the optimal model and feature importance value.
According to the characteristic importance value, a biological asset mortgage loan risk assessment system with 4 primary indicators and 20 secondary indicators is established, which can effectively identify the biological asset mortgage loan risk of new agricultural entities.
American Psychological Association (APA)
Zhu, Shuzhen& Chen, Yutao& Wang, Wenwen. 2020. Risk Assessment of Biological Asset Mortgage Loans of China’s New Agricultural Business Entities. Complexity،Vol. 2020, no. 2020, pp.1-12.
https://search.emarefa.net/detail/BIM-1145005
Modern Language Association (MLA)
Zhu, Shuzhen…[et al.]. Risk Assessment of Biological Asset Mortgage Loans of China’s New Agricultural Business Entities. Complexity No. 2020 (2020), pp.1-12.
https://search.emarefa.net/detail/BIM-1145005
American Medical Association (AMA)
Zhu, Shuzhen& Chen, Yutao& Wang, Wenwen. Risk Assessment of Biological Asset Mortgage Loans of China’s New Agricultural Business Entities. Complexity. 2020. Vol. 2020, no. 2020, pp.1-12.
https://search.emarefa.net/detail/BIM-1145005
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1145005