Research On Agricultural Catastrophe Insurance Operating Mechanism

In recent years, dramatic natural climate change leads to increased frequency and intensity of natural disasters, gathering a large number of rapidly growing population and economic activity, resulting in catastrophic losses increasing. As agriculture and agricultural catastrophe risk is highly relevant and complex, leading to a devastating agricultural catastrophe. Frequent agricultural catastrophe not only a large number of agricultural infrastructure destroyed, damage to the environment, but also greatly weakened the capacity for sustainable social and economic development, is becoming a huge obstacle rapid economic development and social stability. Due to the lack of catastrophe insurance, China mainly relies on government-led financial relief and reconstruction. In the case of limited government financial resources, not only financial pressure is very large, and the efficiency of financial compensation is also difficult to ensure. Due to lack of agricultural catastrophe risk and insurance awareness, and the lack of effective operational mechanism and financial support, leading to a long-term lack of agricultural catastrophe insurance, the insurance means the ability to disperse agricultural catastrophe risk is very limited. Although the establishment of agricultural catastrophe insurance system needs a reality increasingly prominent, but the agricultural catastrophe insurance-related theory and practice is lagging behind. Therefore, accelerating the establishment of agricultural catastrophe insurance system, enhance the role of insurance in the agricultural catastrophe risk management and the entire disaster relief system has become reality and the urgent need to address an important issue. Agricultural catastrophe insurance operation mechanism is an important agricultural catastrophe insurance system, thus speeding up the construction of agricultural catastrophe insurance system in the process, to explore the establishment of a sound operational mechanism is a very important part.This study focuses dispersed agricultural catastrophe risk insurance realistic mission to locate insurance policy in order to promote agricultural catastrophe insurance run for the purpose to improve and perfect the operational mechanism, focusing on theoretical and empirical analysis, exploration based on the actual situation in China agricultural catastrophe insurance on the basis of the operating mechanism,The main contents of the study:The study to establish an effective mechanism for the operation of agricultural catastrophe insurance goal, the main use of standardized combination of research and empirical research, the use of comparative analysis, empirical investigation, expected utility function and other methods to analyze agricultural League Game catastrophe insurance operations mechanism. Agricultural catastrophe insurance is a quasi-public goods as a starting point to establish operational positioning agricultural catastrophe insurance. Research agricultural catastrophe insurance insurability and supply and demand situation analyze the current status of China’s agricultural catastrophe insurance run, problems and root causes of the imbalance between supply and demand of agricultural catastrophe insurance. Game Behavior Research and operation mechanism between various stakeholders agricultural catastrophe insurance, the insurance body involved in the analysis of cooperation, conditions. Looking basic conditions for agricultural catastrophe insurance operation should meet to explore effective ways to structure and operational mechanism for addressing the plight of the agricultural catastrophe insurance operation conditions and provide protection.The main conclusions of the study:agricultural catastrophe insurance is a dual positive external effects of quasi-public goods, the development of agricultural catastrophe insurance will have multiple complex effects. Development of China’s agricultural catastrophe insurance is in emphasis stage, agricultural catastrophe insurance insurable mature with the conditions and timing of insurability. Agricultural catastrophe insurance objective externalities and market failures, lack of insurance supply and demand main body underpowered and other reasons, led to its long-term supply and demand imbalances, and an effective mechanism for promoting the insurance run very lacking and lagging. Government control and configuration as the main public resources in agriculture catastrophe insurance operation should play an active role in the operation of the current government in catastrophe "misplaced" and "absence" co-exist, the need to convert the role and position. Multilateral cooperation to take government-induced body involved in agricultural catastrophe insurance selection and optimization, empirical investigation shows that government subsidies and other incentives to induce insurance needs will greatly enhance the wishes of farmers. In addition, the induction realistic agricultural catastrophe insurance cooperative organizations in rural development in China, as the main parties involved in the insurance run fourth, smallholder fanners can reduce adverse selection and moral hazard operations caused excessive fragmentation, greatly promote agricultural catastrophe insurance operation. Agricultural catastrophe insurance run series of conditions must be met, public-private partnership between government and market mechanisms, both to play the advantages of government-induced mechanisms, but also the advantages of market mechanisms to achieve efficiency of resource allocation, collaboration can be provided for agricultural catastrophe insurance operation Effective basic conditions and protection.Dissertation are:(1) reveals the depth of the composite effect of multiple agricultural catastrophe insurance. Risk diversification effect, the multiplier effect of the financial and social security, and other effects:reveals the multiple positive externalities of agricultural catastrophe insurance through in-depth analysis.(2) based on multi-game analysis raised the subject of insurance co-insurance model. Learn the theory and practice abroad, game conduct and operation of the mechanism of insurance stakeholders logical inference, empirical investigation and optimization of results:As a quasi-public agricultural catastrophe insurance products suitable to take the government, agricultural catastrophe insurance cooperatives, insurance fanners and other insurance companies and the main mode of joint cooperation.(3) construct a public-private partnership mechanisms for government-induced. Based on the actual situation in China is constructed mechanism to induce the government to play a partnership between government and market mechanisms and market mechanisms efficiency advantages of combining together to provide the conditions and solutions for the insurance run, can effectively promote agricultural catastrophe insurance from non-equilibrium of supply and demand to balanced development.