为了分析信贷资金能否缓解农户的生产约束进而促进土地规模经营，构建了农户生产模型，阐述了农户借贷对土地转入的影响，并利用2016年中国劳动力动态调查数据（CLDS）建立IV Probit模型，进一步验证和分析了农户借贷对土地转入的影响方向、影响路径和农户异质性问题。研究结果表明：农户借贷对土地转入有显著的促进作用，并且非正规借贷的促进效应略大于正规借贷；农户借贷能通过促进生产性消费进而促进土地转入，而生活性消费的中介效应未通过验证；农户借贷对土地转入的促进效应在小规模农户和低农业收入、中等农业收入农户中显著，而在规模农户和高农业收入农户中不显著。

In order to analyze whether rural credit alleviates farmers’ production constraints and thus enlarges the scale of land, a model of farmers’ production has been constructed and the influence of farmers’ loan on land transferring has been elaborated. An IV Probit model has been built by utilizing the data of China Laborforce Dynamic Survey (CLDS) of 2016; the influence of farmers’ loan on the direction and the path of land transferring and heterogeneity of farmers has been further verified and analyzed. The study shows that farmers’ loan has a significant promoting effect on land transferring; informal lending exerts more influence than formal loan. Farmers’ loan could promote land transferring through boosting productive consumption; however, the mediating effect of living consumption could not be validated. The effect of farmers’ loan on land transferring is more significant for small-scale farmers, low-income farmers and middle-income farmers while the influence is not distinctive for large-scale farmers and high-income farmers.

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