Agricultural Insurance,Agricultural Credit and Steady Growth of Farmers'Income——Empirical Analysis Based on Simultaneous Equation Model
It is of great strategic significance to ensure the stable and increased income of farmers for ensuring national food security and promoting rural common prosperity.On the basis of calculating the changes in farmers'income in China,this article analyzes the impact of agricultural insurance and agricultural credit on farmers'stability and income growth from the perspective of the interaction effect between agricultural insurance and agricultural credit,based on provincial-level panel data from 2012 to 2021 in China,using a simultaneous equation model.The results show that,firstly,from a single perspective,agricultural insurance has a significant stabilizing and increasing income effect,while agricultural credit has no significant stabilizing and increasing income effect.Secondly,from the perspective of interaction effects,there is a significant interaction effect between agricultural insurance and agricultural credit in promoting stable and increased income for farmers.Further analysis reveals that agricultural insurance and agricultural credit can promote each other and form a positive interaction with farmers'stable and increased income.Therefore,it is recommended to continue promoting the expansion of agricultural insurance and the upgrading of products,focusing on improving the efficiency of agricultural credit fund allocation,and actively promoting the coordinated development of agricultural insurance and agricultural credit tools.
agricultural insuranceagricultural creditsteady growth of farmers'incomeinteraction effectsimultaneous equation model
万方数据
