Research On Agricultural Insurance Coverage Level And The Ratio Of Government Premium Subsidy In China

After decades of tortuous exploration,China's agricultural insurance system has made great progress since the central government provided premium subsidies in 2007.However,China's agricultural insurance “has not quenched thirst” and the level of coverage is too low.It has been criticized by political circles,academic circles and the industry,and has become an important reason for the further development of China's agricultural insurance.The government has improved the level of agricultural insurance coverage in China through financial subsidies and risk management.It is to implement the spirit of the 19 th National Rural Revitalization Strategy and the Central Document No.1 to ensure national food security and promote the supply side structure major strategic initiatives for reform of agriculture.Based on this,this paper wants to start from the relationship between the level of China's agricultural insurance coverage level and the proportion of government financial subsidies,and what kind of impact does the proportion of government financial subsidies have on the coverage level? What is the impact? How to improve the level of agricultural insurance coverage in China by constructing a reasonable subsidy system? It also provides reference for the government to formulate agricultural insurance premium subsidy policy.The theories covered in this paper mainly include quasi-public goods and positive externalities of agricultural insurance,economic analysis of government implementation of financial subsidies,behavioral economics theory,and the definition of “agricultural insurance coverage level”.Firstly,on the basis of studying the development history of agricultural insurance coverage level at domestic and abroad,the relationship between the coverage level and the government premium subsidy is analyzed from the horizontal and vertical dimensions.Furthermore,using stata14.0 to analyze the fixed-effect model of panel data,quantitatively measure the factors affecting China's agricultural insurance coverage level at the present stage,and judge whether the impact of government subsidy ratio on China's agricultural insurance coverage level is significant,and how other factors have played a role.And empirical analysis of the relationship between the proportion of government financial subsidies and China's agricultural insurance coverage level: the three indicators of China's agricultural insurance coverage level are split,using panel data of 31 provinces(east,central,western),sub-industry(planting industry),the sub-insurance(large crops and cultured species),the insurance coverage,the insurance depth,the overall level of protection,and the relationship between the level of coverage and the proportion of subsidies.Finally,a systematic multi-level government financial “excessive retreat” premium subsidy system is proposed,which is mainly from the perspective of “who replenishes,how much to make up,how to make up”,and takes effective measures to improvecoverage level from the perspective of the agricultural insurance premium subsidiesproportion.The main conclusions of the study are as follows:(1)Commercial operation cannot support the development of agricultural insurance.Only by adopting a policy-based management mode,with the support of government administration,finance and legislation,can China's agricultural insurance develop healthily.(2)The level of agricultural insurance coverage is positively correlated with the country's economic development level.Countries with high level of coverage provide high proportion of subsidies for wide-coverage insurance;for countries with medium security levels,the degree of subsidies is insufficient,and the proportion of subsidies has different characteristics;low level countries provide a high percentage of premium subsidies for individual types of insurance.(3)The proportion of China's government premium subsidies increased by 1 percentage point,and the coverage level of agricultural insurance increased(0.0784+0.0216lngdp).(4)China's agricultural insurance coverage level continue to grow with the increase of the proportion of premium subsidies,and the overall guarantee broaden the depth of protection..The regional distribution of the coverage level does not match the layout of the agricultural industry,and the level of coverage in the major agricultural provinces is the lowest,and the “post-development advantage” in the western region is obvious.The level of insurance coverage shows the characteristics of “breeding strong and weak”,and the level of crop protection and subsidy is significantly higher than that of aquaculture.In view of the lack of quantitative research on the relationship between the level of agricultural insurance coverage and the proportion of premium subsidies in China,it is the first time to build a multi-level premium subsidy system for “sub-regional,sub-industry and sub-insurance” in order to improve the level of coverage.This research has enriched the research results of agricultural insurance premium subsidies to a certain extent,especially for improving the level of agricultural insurance coverage in China.