New Findings from Nanjing University in Agricultural Insurance Provides New Insights (Does the Policy of Financial Subsidies for Agricultural Insurance Contribute To Ensuring Food Security for Poverty Alleviation? Evidence From China): Agriculture – Agricultural Insurance

2023 AUG 29 (NewsRx) -- By a News Reporter-Staff News Editor at Daily China News -- Investigators discuss new findings in Agriculture - Agricultural Insurance. According to news originating from Nanjing, People’s Republic of China, by NewsRx correspondents, research stated, “China’s current agricultural policy includes a wide range of agricultural subsidies, but the overall effect and levels of protection are low. China’s continued use of agricultural subsidies to ensure national food security is important in the context of global poverty alleviation.”

Funders for this research include National Natural Science Foundation of China (NSFC), National Social Science Foundation, Postgraduate Research & Practice Innovation Program of Jiangsu Province, Nanjing University.

Our news journalists obtained a quote from the research from Nanjing University, “We examine the effect of agricultural insurance financial subsidy policies on food security using a difference-in-difference model with data from 285 Chinese cities from 1978 to 2019. These agricultural insurance subsidies have a significant positive effect on food security, with the most noticeable improvements in the northeast region.”

According to the news editors, the research concluded: “Reform and redesign of the subsidy system for greater flexibility and coverage are needed to safeguard China’s food security.”

This research has been peer-reviewed.

For more information on this research see: Does the Policy of Financial Subsidies for Agricultural Insurance Contribute To Ensuring Food Security for Poverty Alleviation? Evidence From China. The Singapore Economic Review, 2023;68(04):1303-1322. The Singapore Economic Review can be contacted at: World Scientific Publ Co Pte Ltd, 5 Toh Tuck Link, Singapore 596224, Singapore.

The news correspondents report that additional information may be obtained from Zoey Wong, Nanjing University, School of Business, Nanjing 210093, People’s Republic of China. Additional authors for this research include Qunxi Kong, Rongrong Li and Dan Peng.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1142/S0217590821440045. 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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