College of Economics & Management Researchers Add New Data to Research in Agricultural Insurance (Causal Linkage among Agricultural Insurance, Air Pollution, and Agricultural Green Total Factor Productivity in United States: Pairwise Granger …): Agriculture – Agricultural Insurance

2022 OCT 10 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on agricultural insurance are presented in a new report. According to news reporting originating from Xianyang, People’s Republic of China, by NewsRx correspondents, research stated, “Agricultural insurance and green agriculture are strongly related. Agricultural insurance not only motivates farmers to adopt environmentally friendly production technology and enhances the effectiveness of production, but it also accomplishes the goal of lowering the number of chemicals that are put into the environment.”

The news journalists obtained a quote from the research from College of Economics & Management: “This article investigates the dynamic relationship between agricultural insurance, air pollution, and agricultural green total factor productivity. To complete the aim, the authors used the panel auto-regressive distributed lags method (PMG method) and panel data from 50 states of the United States between 2005 and 2019. The empirical findings demonstrate a considerable co-integration and a cross-sectional reliance between agricultural insurance, air pollution, and agricultural green total factor production. Expanding agricultural insurance may boost agricultural green whole factor output but also exacerbate air pollution. However, significant air pollution does not increase agricultural production’s green total factor productivity. The panel Granger causality test shows a one-way causal relationship between agricultural insurance, green total factor productivity, and air pollution. A one-way causal relationship exists between air pollution and agricultural green total factor productivity.”

According to the news reporters, the research concluded: “The author concluded that improving agricultural insurance coverage or cutting down on air pollution will boost agricultural green total factor output. These findings have long-term policy and management repercussions, particularly for those involved in agriculture policy and environmental management.”

For more information on this research see: Causal Linkage among Agricultural Insurance, Air Pollution, and Agricultural Green Total Factor Productivity in United States: Pairwise Granger Causality Approach. Agriculture, 2022,12(1320):1320. (Agriculture - http://www.mdpi.com/journal/agriculture). The publisher for Agriculture is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/agriculture12091320.

Our news editors report that additional information may be obtained by contacting Nihal Ahmed, College of Economics & Management, Northwest Agricultural & Forestry University, Xianyang 712100, People’s Republic of China. Additional authors for this research include Zeeshan Hamid, Farhan Mahboob, Khalil Ur Rehman, Muhammad Sibt e Ali, Piotr Senkus, Aneta Wysokinska-Senkus, Pawel Sieminski, Adam Skrzypek.

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