Empirical Study on the Interaction Between Agricultural Insurance Development and Agricultural Economic Growth

DOI

10.2991/978-94-6463-200-2_125How to use a DOI?

Keywords

agricultural insurance; cointegration analysis; agricultural economy

Abstract

Agricultural insurance is a crucial component of agricultural risk management, and the study of agricultural insurance development can help farmers to some extent lower their production risk. The relationship between agricultural insurance and agricultural economy is analyzed empirically by using unit root test, co-integration test and Granger causality test. The results indicate that there is indeed a long-term relationship between agricultural insurance and agricultural economy, and the rising premium income from agricultural insurance can promote the development of agricultural economy, but that increased agricultural insurance coverage is not a direct outcome of increased agricultural economy. Based on the strategy of rural revitalization, relevant departments must accelerate the legislation of agricultural insurance, strengthen the mechanism of subsidies for agricultural insurance, expand the publicity of agricultural insurance, and promote agricultural insurance into the path of high-quality development, with the goal of promote the development of agricultural economy.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Liuliu Luo
PY  - 2023
DA  - 2023/07/26
TI  - Empirical Study on the Interaction Between Agricultural Insurance Development and Agricultural Economic Growth
BT  - Proceedings of the 2023 3rd International Conference on Public Management and Intelligent Society (PMIS 2023)
PB  - Atlantis Press
SP  - 1185
EP  - 1195
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-200-2_125
DO  - 10.2991/978-94-6463-200-2_125
ID  - Luo2023
ER  -