Researchers from Shaanxi Normal University Detail New Studies and Findings in the Area of Agricultural Insurance (Does Agricultural Insurance Drive Variations In Carbon Emissions In China? Evidence From a Quasi-experiment): Agriculture – Agricultural Insurance

2023 MAR 16 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Investigators discuss new findings in Agriculture - Agricultural Insurance. According to news originating from Xi’an, People’s Republic of China, by NewsRx correspondents, research stated, “To realize the great goal of attaining peak carbon in 2030 and carbon neutrality in 2060, agricultural carbon mitigation must be an essential activity in China. Policy-oriented agricultural insurance is accepted as an effective income guarantee and risk transfer tool, which can not only disperse the risk of agricultural operation but also guide green agricultural production.”

Financial supporters for this research include National Natural Science Foundation of China (NSFC), Shaanxi Provincial Innovation Capability Support Program, Shaanxi Social Science Fund, Fundamental Research Funds for the Central University.

Our news journalists obtained a quote from the research from Shaanxi Normal University, “In this study, based on panel data from 2012 to 2018 in China, a multistage dynamic DID model is constructed to systematically explore the effect of policy-oriented agricultural insurance on green agricultural development, primarily to clarify the specific mechanism of the effect. The results show that agricultural carbon emission is increasing year by year and the implementation of policy-oriented agricultural insurance has a significant positive impact on reducing agricultural carbon emissions. We further find that the promotion effect of agricultural insurance on carbon emission reduction increases with the expansion of agricultural technicians and the decrease of agricultural chemical utilization. In terms of spatial heterogeneity, the impact of the policy-oriented agricultural insurance on reducing agricultural carbon emissions is stronger in central and western regions than in eastern regions. At the same time, this paper provides operational suggestions for low-carbon agricultural development and the formulation of relevant macroeconomic agricultural policies.”

According to the news editors, the research concluded: “Our findings support the positive effect of policy-oriented agricultural insurance and provide significant policy implications for agricultural carbon emission reduction and control actions in China and other countries.”

This research has been peer-reviewed.

For more information on this research see: Does Agricultural Insurance Drive Variations In Carbon Emissions In China? Evidence From a Quasi-experiment. Polish Journal of Environmental Studies, 2023;32(1):653-665. Polish Journal of Environmental Studies can be contacted at: Hard, Post-Office Box, 10-718 Olsztyn 5, Poland.

The news correspondents report that additional information may be obtained from Lan Mu, Shaanxi Normal University, Northwest Inst Hist Environm & Socioecon Dev, 620 West Changan Ave, Xian 710119, People’s Republic of China. Additional authors for this research include Yuan Wang and Hui Mao.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.15244/pjoes/155869. 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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