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.
Cite this article
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 -