Risk Transfer of Agricultural Insurance and Fertilizer Reduction
Based on the county-level panel data of major grain-producing provinces in China from 2011 to 2022,the impact of agricultural risk management on fertilizer use per unit area is investigated using a double-difference model with a quasi-natural experiment based on the exogenous policy of the full-cost insurance pilot.The results show that conducting the full-cost insurance pilot has a significant effect on fertilizer reductio.The mechanism analysis shows that the full-cost insurance pilot promotes fertilizer reduction by reducing agricultural income volatility.Heterogeneity analysis shows that the pilot program is more conducive to reducing fertilizer use per unit area in areas with high incidence of natural disasters and higher scale of farmland operations.Accordingly,the legalization of agricultural insurance should be improved and the construction of a formal system for risk management should be promoted in order to safeguard the realization of the green reduction effect of agricultural insurance.At the same time,differ-entiated rates and premium subsidy policies should be implemented,and policy support should be increased for areas with high incidence of natural disasters and higher scale of farmland operations.Final-ly,the claims system should be standardized,and the stabilizing effect of income from agricultural insur-ance should be further strengthened.
agricultural riskfertilizer reductionfull-cost insuranceagricultural income
万方数据
维普
