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Impacts of policy-related agricultural insurance on farmers’ earnings in China's major grain-producing regions

Author

Listed:
  • Gu, Lili
  • Liu, Yuchen
  • Liu, Fang
  • Dong, Xintong
  • Dong, Yuling

Abstract

Policy-related agricultural insurance can diversify farming risks and compensate damaged farmers’ losses. This study examined the impact of policy-related agricultural insurance on farmers’ earnings in China's primary grain-producing regions. The findings indicate that policy-related agricultural insurance significantly improved farmers’ earnings. Agricultural operational scale, technological advancements, and agricultural credit played an intermediary role in policy-related agricultural insurance on farmers’ earnings. This study provides suggestions including increasing support, guiding the modernization and transformation of policy-related agricultural insurance, promoting coordinated development of agricultural insurance and agricultural credit in order to promote the high-quality development of policy-based agricultural insurance and improve farmers' income.

Suggested Citation

  • Gu, Lili & Liu, Yuchen & Liu, Fang & Dong, Xintong & Dong, Yuling, 2024. "Impacts of policy-related agricultural insurance on farmers’ earnings in China's major grain-producing regions," Finance Research Letters, Elsevier, vol. 69(PB).
    • Handle: RePEc:eee:finlet:v:69:y:2024:i:pb:s1544612324012182
    DOI: 10.1016/j.frl.2024.106189
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    References listed on IDEAS

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