New Crop Insurance Study Findings Have Been Reported from Shaanxi Normal University (How Crop Insurance Influences Agricultural Green Total Factor Productivity: Evidence From Chinese Farmers): Agriculture – Crop Insurance

2021 NOV 17 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- New research on Agriculture - Crop Insurance is the subject of a report. According to news reporting originating in Shaanxi, People’s Republic of China, by NewsRx journalists, research stated, “As an effective risk guarantee mechanism, crop insurance can not only disperse agricultural operation risk, but also guide the agricultural green development. Based on Chinese provincial panel data from 2002 to 2015, this paper uses SBM-GML (Global-Malmquist-Luenberger) index model to measure agricultural green total factor productivity and systematically examines the impact of crop insurance on agricultural green total factor productivity as well as its mechanism.”

Financial supporters for this research include “Major Projects of the Humanities and Social Sciences Base of the Ministry of Education, China Postdoctoral Science Foundation, “Humanities and Social Science Research Projects of Ministry of Education, “Shaanxi Federation of Humanities and Social Sciences Circles Research Program, “Soft Science Research Program in Shaanxi Province, Fundamental Research Funds for the Central Universities.

The news reporters obtained a quote from the research from Shaanxi Normal University, “This study supplements the determinants of agricultural green total factor productivity. It is found that crop insurance has a significant positive impact on agricultural green total factor productivity. The promotion effect of crop insurance on agricultural green total factor productivity increases with the expanded use of agricultural green technologies such as precision sowing, deep fertilization, subsoiling and no-tillage. Moreover, our results show that the role of crop insurance in promoting agricultural green total factor productivity increases with the increase in operational scales. In addition, compared with food crops, the promotion effect is stronger for cash crops. Therefore, the Chinese government should continue to support the implementation of crop insurance policy.”

According to the news reporters, the research concluded: “It is necessary to not only increase crop insurance subsidies, but also set up differentiated subsidy systems in different operational scales and planting structures to promote agricultural green development.”

This research has been peer-reviewed.

For more information on this research see: How Crop Insurance Influences Agricultural Green Total Factor Productivity: Evidence From Chinese Farmers. Journal of Cleaner Production, 2021;321. Journal of Cleaner Production can be contacted at: Elsevier Sci Ltd, The Boulevard, Langford Lane, Kidlington, Oxford OX5 1GB, Oxon, England. (Elsevier - www.elsevier.com; Journal of Cleaner Production - http://www.journals.elsevier.com/journal-of-cleaner-production/)

Our news correspondents report that additional information may be obtained by contacting Hui Mao, Shaanxi Normal University, Northwest Inst Hist Environm & Socioecon Dev, Xian 710119, Shaanxi, People’s Republic of China. Additional authors for this research include Lan Fang, Rong Hu and Shaojian Chen.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.jclepro.2021.128977. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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