@article{1136844e9bac4d739897badc02ebe518,
title = "The role of agricultural insurance in boosting agricultural output: An aggregate analysis from Chinese provinces",
abstract = "Agricultural insurance is a significant driver of agricultural development worldwide. In this paper, a fixed-effects panel approach and instrumental variable regressions are used to examine the impact of agricultural insurance on agricultural output in China. The study is based on panel data from 31 Chinese provinces over the period 2004 to 2018. Findings indicate that agricultural insurance led to a significant increase in aggregate agricultural output across provinces. The results remain robust when potential endogeneity in insurance uptake is considered. In addition, mechanism tests were performed to identify the channels through which insurance influences productivity. These show that agricultural insurance contributes to increasing labor productivity and the area of cultivated land per capita and encourages specialized planting, all of which promote growth in agricultural production. Finally, agricultural insurance plays a more important role in Eastern China and nonmajor crop-producing areas [EconLit Citations: Q13, Q18].",
keywords = "Chinese provinces, aggregate analysis, agricultural insurance, panel data, production efficiency",
author = "Baoling Zou and Zanjie Ren and Mishra, {Ashok K.} and Stefan Hirsch",
note = "Funding Information: We would like to thank the editor and reviewers for their constructive comments that greatly improved this article. The authors attest originality of the results and assume full responsibility for any remaining shortcomings. Funding for this project comes from National Social Science Foundation of China “Research on the key strategies and path options for enhancing the strategic competitiveness of China's grain industry under the new situation” (No. 20AGL023); General Project of National Social Science Foundation of China “Research on Long‐term Mechanism and Policy of Rural Industry Revitalization through Entrepreneurship in Returning Home” (No. 21BGL078); National Social Science Fund Projects “A Study on Relative Poverty Identification and Long‐term Governance Mechanism of Chongqing‐Hubei‐Hunan‐Guizhou Border Region” (No. 20CGL050); Southwest University 2035 Pilot Project “Chinese Road to Rural Revitalization (2022)”; “Kun Yuan” Innovation Team of Southwest University. Key Projects of Special Funds for Basic Scientific Research Expenses of Central Universities (SWU 2009212). Funding Information: We would like to thank the editor and reviewers for their constructive comments that greatly improved this article. The authors attest originality of the results and assume full responsibility for any remaining shortcomings. Funding for this project comes from National Social Science Foundation of China “Research on the key strategies and path options for enhancing the strategic competitiveness of China's grain industry under the new situation” (No. 20AGL023); General Project of National Social Science Foundation of China “Research on Long-term Mechanism and Policy of Rural Industry Revitalization through Entrepreneurship in Returning Home” (No. 21BGL078); National Social Science Fund Projects “A Study on Relative Poverty Identification and Long-term Governance Mechanism of Chongqing-Hubei-Hunan-Guizhou Border Region” (No. 20CGL050); Southwest University 2035 Pilot Project “Chinese Road to Rural Revitalization (2022)”; “Kun Yuan” Innovation Team of Southwest University. Key Projects of Special Funds for Basic Scientific Research Expenses of Central Universities (SWU 2009212). Publisher Copyright: {\textcopyright} 2022 Wiley Periodicals LLC.",
year = "2022",
month = oct,
day = "1",
doi = "10.1002/agr.21750",
language = "English (US)",
volume = "38",
pages = "923--945",
journal = "Agribusiness",
issn = "0742-4477",
publisher = "Wiley-VCH Verlag",
number = "4",
}