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Does agricultural insurance promote primary industry production? Evidence from a quasi-experiment in China

Recurso electrónico / Electronic resource
Registro MARC
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1001 ‎$0‎MAPA20220003995‎$a‎Ding, Yugang
24510‎$a‎Does agricultural insurance promote primary industry production? Evidence from a quasi-experiment in China‎$c‎Yugang Ding, Cheng Sun
520  ‎$a‎Whether agricultural insurance promotes primary industry production has been debated for decades. Our paper studies this question based on the agricultural insurance premium subsidy policy in China. We use this quasi-experiment to conduct difference-in-differences and event study estimations. We find that the development of agricultural insurance, induced by premium subsidies, significantly promotes primary industry production; per person, it increases by CNY 1430 in subsidised provinces compared to unsubsidised provinces. We use county-level data to address the aggregation problem in our province-level analysis and obtain the same conclusion. We also find that agricultural insurance primarily affects agriculture and husbandry among the four subindustries of the primary industry.
650 4‎$0‎MAPA20080615369‎$a‎Seguro agrario combinado
650 4‎$0‎MAPA20140005659‎$a‎Subsidios
650 4‎$0‎MAPA20080581886‎$a‎Primas de seguros
651 1‎$0‎MAPA20080644178‎$a‎China
7001 ‎$0‎MAPA20220004008‎$a‎Sun, Cheng
7730 ‎$w‎MAP20077100215‎$g‎04/04/2022 Volumen 47 Número 2 - abril 2022 , p. 434-459‎$x‎1018-5895‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-