Analysis Of The Influence Of Fishing Mutual Insurance On Fishers' Income

Since the reform and opening up,China's fishery production level has been continuously improved and fishery GDP has continued to grow.As fisheries are subject to natural conditions,with high risk characteristics,China's annual economic losses are huge.The high risk of fishery makes the commercial insurance companies reluctant to deal with,so the establishment of a sound policy fisheries insurance mechanism to ensure the stable production of fishermen has been an important task currently.The Fisheries Mutual Insurance was implemented in 2005,which now has a large number of branches around the country.As the most common form of fishery insurance,fishery mutual insurance is responsible for the economic compensation for the loss of life and property of fishermen's members so as to assume the risk barrier.In 2005,Zhejiang Province as one of the earliest pilot areas,started to carry out the policy of fisheries mutual insurance pilot,with insurance scale,coverage continuing to expand and the degree of protection continuing to increase.And in 2013,Zhejiang Provincial Government recommended some policies that relevant departments should stick to implementing the policy of fisheries mutual insurance in order to consolidate and promote the fruits continually.Meanwhile,the relevant departments are required to do the research on fishing area and summarize the impact of fishery insurance on fishery production.Fishermen have their own demands for fisheries mutual insurance,which in turn has a certain impact on the growth of fishermen's income and the control of risk.Therefore,the role of fishery mutual insurance on the action direction of fisheries' income and its specific effects has become the focus among government and fishermen and one of the hot spots in academic research field.This paper summarizes the research results of the relationship between agricultural insurance and farmers' income,agricultural insurance and farmer's behavior decision-making.Based on the current fishery industry and risk characteristics and the status quo of fishery insurance development,this thesis makes use of the practical research data,adopting the most popular statistical methods-the approach of Propensity Score Matching(PSM)to avoid bias caused by the fishing fishermen self-choosing and the statistical differences between the insured and non-insured fishing fishermen.The logit model then is employed to analyze theoccurrence probability of production behavior among insured and non-insured fishermen 's,so as to probe into the internal mechanism of income change,that is,the change of production behavior caused by the mutual insurance of fishery.The paper consists of six parts as follows:Firstly,reviewing on the relationship between agricultural(fishing)insurance and agriculture(fishing)income,production behavior as well,provides the guidance and reference for the following parts.Secondly,the collection and analysis of data on Zhejiang fishery mutual insurance and fishermen net income of the calendar year,indicates the development of fisheries mutual aid insurance in Zhejiang Province and the trend of fishermen income,by which fisheries mutual insurance may show possible impacts on fishermen's income.Thirdly,based on the information obtained from the fishermen's questionnaire,the descriptive statistical analysis method is used to study on fishermen's own situation,risk consciousness and fishing mode,so as to fully understand nature differences of fishermen and all fishing vessels,the risk perception and production behavior.Fourthly,this part makes the empirical analysis on how fishery mutual insurance exerts impact on the fishermen income.Reviewing on the prevailing treatment-inclination matching method,combining with the actual research data to evaluate the characteristic values of the insured fishermen and non-insured fishermen comes to the income difference caused by the mutual insurance of fishery.Fifthly,internal mechanism analysis of income change caused by fishery mutual insurance,based on the variables that affect the income and cost expenditure of catching fishermen,this paper constructs the logit model to analyze the probability of behavior choice between insured fishermen and non-insured fishermen,so as to explore the internal mechanism of income change.Finally,according to the above theory and research results,policies and recommendations are given to further improve the level of fisheries mutual insurance and fishermen production.The empirical results reveal the positive effect of fishery mutual insurance on the income of fishermen.Besides,its internal mechanism for fisheries mutual insurance can make fishermen more willing to invest in key equipment and update fishing vessels.It can also enhance fishermen risk awareness and encourageemployers to hire more labor to achieve increase in income.The creative point of this paper lies in the uniqueness of the research direction.Many domestic scholars focus on agriculture in the study field of agriculture,fishery and animal husbandry.Furthermore,the research on fisheries is mainly focused on the analysis of the feasibility and necessity,the analysis of demand and the analysis of financial subsidy efficiency.The study on how the fishery insurance exerts impact on fishermen's production is relatively lacking.On the other hand,the sample data used in this paper is based on a large number of field surveys,using the inclination matching method and the logit model to do the empirical analysis on how fishery mutual insurance exerts influence on the income of fishermen,revealing the internal mechanism of income changes under the fishery insurance,so that the research results are reliable and practical with theoretical and practical significance.