Reports Summarize Environmental Research and Public Health Study Results from Sichuan Agricultural University (Rural Households’ Livelihood Capital, Risk Perception, and Willingness to Purchase Earthquake Disaster Insurance: Evidence from …)

By a News Reporter-Staff News Editor at Health & Medicine Week -- New research on Environmental Health - Environmental Research and Public Health is the subject of a report. According to news reporting from Chengdu, People's Republic of China, by NewsRx journalists, research stated, "Earthquake disaster insurance can effectively reduce the impact of earthquake disasters on rural households. Exploring rural households' willingness to purchase earthquake disaster insurance in earthquake disaster areas provides an understanding of the motivations underlying the implementation of an insurance policy."

The news correspondents obtained a quote from the research from Sichuan Agricultural University, "However, few studies have examined the perspectives of rural households, in order to explore the correlations between the rural households' livelihood capital, their disaster risk perception, and their willingness to purchase earthquake disaster insurance. A cross-sectional survey data including 241 rural households from the most severe disaster counties (cities) during the 5 center dot 12 Wenchuan earthquake was examined with regard to rural households' livelihood and disaster risk perception, and ordinal logistic regression models were constructed to explore rural households' willingness to purchase earthquake disaster insurance, as well as the driving mechanism behind this willingness. The results showed that 34.44% of rural households were very willing to purchase earthquake disaster insurance, and 7.05% of rural households were very reluctant to purchase earthquake insurance. Rural households' livelihood capital and risk perceptions were the most important factors affecting their willingness to purchase earthquake disaster insurance. Rural households with higher scores on natural capital, physical capital, possibility, and worry were more likely to purchase earthquake disaster insurance. Specifically, keeping all other variables constant, every one unit increase in nature capital and physical capital corresponded to an increase in the odds of willingness to purchase earthquake disaster insurance by a factor of 0.14 and 0.06, respectively; every one unit increase in possibility and worry corresponded to an increase in the odds of willingness to purchase earthquake disaster insurance by a factor of 0.03 and 0.04, respectively."

According to the news reporters, the research concluded: "This study contributes to the current literature by increasing the understanding of the relationships between Chinese rural households' livelihood capital and risk perceptions, and their willingness to purchase earthquake disaster insurance."

For more information on this research see: Rural Households' Livelihood Capital, Risk Perception, and Willingness to Purchase Earthquake Disaster Insurance: Evidence from Southwestern China. International Journal of Environmental Research and Public Health, 2018;15(7):410-428. International Journal of Environmental Research and Public Health can be contacted at: Mdpi, St Alban-Anlage 66, Ch-4052 Basel, Switzerland (see also Environmental Health - Environmental Research and Public Health).

Our news journalists report that additional information may be obtained by contacting D.D. Xu, Sichuan Agricultural University, Coll Management, Sichuan Center Rural Dev Res, Chengdu 611130, Sichuan, People's Republic of China. Additional authors for this research include E.L. Liu, X.X. Wang, H. Tang and S.Q. Liu.

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