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Effect of air pollution on household insurance purchases. Evidence from China household finance survey data

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  • Wenxia Zhao

Abstract

In recent years, the health and economic effects of air pollution have attracted considerable attention, and health and insurance services have been closely related to residents’ welfare. However, there are few studies on the influence of pollution on household purchases of insurance. Using data from the 2013 and 2015 China Household Finance Surveys, this study investigates the effect of air pollution on insurance purchases using Logit and Poisson regression models. It is found that air pollution significantly increases the probability of household insurance purchases and the level of premium expenditure, although the impact of air pollution on insurance purchases shows a degree of heterogeneity. Health insurance is more sensitive to air pollution than life insurance and other types of insurance. In areas where NO2 and O3 are the main types of pollutants, air pollution has a greater impact on household insurance purchases.

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  • Wenxia Zhao, 2020. "Effect of air pollution on household insurance purchases. Evidence from China household finance survey data," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-11, November.
    • Handle: RePEc:plo:pone00:0242282
    DOI: 10.1371/journal.pone.0242282
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    References listed on IDEAS

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    Cited by:

    1. Chitombo Ezekiel & Kosmas Njanike, 2022. "The determinants of household insurance product in Zimbabwe," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(7), pages 102-109, July.
    2. Huiying Chen & Shuyan Gu & Cangcang Jia & Hai Gu & Qinglin Xu & Zi Lin, 2023. "Effects of Household Clean Fuel Combustion on the Physical and Mental Health of the Elderly in Rural China," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    3. Li, Xuelian & Lu, Tinghui & Lin, Jyh-Horng & Lai, Yingkuan, 2023. "Assessing insurer green finance in response to manufacturing carbon emissions trading in a dragon-king environment: A capped barrier cap option approach," Energy Economics, Elsevier, vol. 128(C).
    4. Zang, Xuheng & Feng, Jiankang & Song, Mingyue, 2024. "The impact of air pollution on household vulnerability to poverty: An empirical study from household data in China," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1369-1383.

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