Study Findings from Beihang University Broaden Understanding of Agricultural Insurance (Study On the Coordinated Poverty Reduction Effect of Agricultural Insurance and Agricultural Credit and Its Regional Differences In China): Agriculture – Agricultural Insurance

2023 JUL 18 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Fresh data on Agriculture - Agricultural Insurance are presented in a new report. According to news originating from Beijing, People’s Republic of China, by NewsRx correspondents, research stated, “Agricultural insurance and agricultural credit are two important rural financial instru-ments, which play an important role in promoting rural poverty reduction. Based on the data of agricultural insurance and agricultural credit in 31 provinces, cities and autonomous regions in China, this paper makes an empirical analysis on the coordinated poverty reduction effect of agricultural insurance and agricultural credit and its differences in various regions in China by using the coupling coordination model and the static panel model.”

Financial support for this research came from Office of the Central Rural Work Leading Group, China.

Our news journalists obtained a quote from the research from Beihang University, “The results show that the development level of agricultural insurance and agricultural credit in China is low, and the development level of agricultural credit is higher than that of agricultural insurance. There is a coordinated development relationship between agricultural insurance and agricultural credit in China, and the coupling and coordination level of the two is constantly improving. The coordinated poverty reduction effect of agricultural insurance and agricultural credit and its regional differences in China are remarkable. This effect is more significant in South China, North China, northwest and Northeast China than in other regions. Based on this, it is suggested to vigorously develop agricultural insurance to improve the coupling and coordination level of agricultural insurance and agricultural credit. Create a good environment for promoting the coordinated development of agricultural insurance and agricultural credit.”

According to the news editors, the research concluded: “Pay attention to the regional differences of the coordinated poverty reduction effect of agricultural insurance and agricultural credit in China, and each region should choose its own development model.(.”

This research has been peer-reviewed.

For more information on this research see: Study On the Coordinated Poverty Reduction Effect of Agricultural Insurance and Agricultural Credit and Its Regional Differences In China. Economic Analysis and Policy, 2023;78:835-844. Economic Analysis and Policy can be contacted at: Elsevier, Radarweg 29, 1043 Nx Amsterdam, Netherlands.

The news correspondents report that additional information may be obtained from Jiashu Zhang, Beihang University, School of Public Administration, Beijing 100191, People’s Republic of China. Additional authors for this research include Tianyuan Ai and Jingwen Shao.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.eap.2023.04.027. 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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