Factors Influencing Farmers’ Participation In The Hog Insurance

Our agriculture is a weak nature industry, objectively, it faces a variety of risks,therefore, farmers need a capable tool to disperse risk and protect revenue. Policyagricultural insurance is a means of compensating agricultural risk afterwards, it can helpfarmers to disperse risks in agricultural production and promote farmers’ income sustainablegrowth.From2004to2013, CPC Central Committee and State Council raised guidance in thecentral document for10consecutive years on China policy agricultural insurance issues.Sichuan Province has always been a main pig producing province in China, as a pilot, theagricultural insurance pilot project was officially launched by Sichuan Government in2004;in2007Sichuan carried out pilot in the province as one of the pilot agricultural insurancepremium subsidies pilot comprehensively.Firstly, the domestic and foreign researches was reviewed, then sample area’s currentsituation and pig insurance status were analyzed, and a binomial probit model was appliedto study the behavior and influencing factors of farmers’ participation in the hog insurance.The main conclusions are as follows:(1)Currently, the risk of small-scale farming pig farmers greater in rural areas, inaddition to the traditional impact of natural disasters and epidemics, hog market pricemovements is also one of the main factors affecting farmers’ income of breeding pigs.(2)To the high cost of pig breeding farmers, most farmers breed pigs for reasonable usethe leisure time, at the same time to prepare for their swine, less part is engaged in thespecial pig breeding, they are more concerned about the pig market price changes and pigbreeding materials’ price changes such as corn, wheat bran.(3)The current situation showed that the farmers overall participation in the hoginsurance was not high, the age、breeding time、number of migrant、diseases、 riskpreference、acknowledge of hog insurance、propaganda、acknowledge of subsidy and thebehavior of farmers around has positive effect on farmers’ participation in the hog insurance,while gender and farmers’ diseases prevention and control capabilities had negative effecton farmers’ participation in the hog insurance. Meanwhile, education years、pig herds and whether suffered property damage from accident have not significantly affect in theparticipation of hog insurance.To reduce the risk of breeding, the government should strengthen publicity、supporttypical farmers and improve government function to improve the participation rate of hoginsurance.