Research On The Influence Of Policy Agricultural Insurance On The Production Behavior Of Farmers’ Professional Cooperatives

The development of agricultural economy is inseparable from the support of agricultural policy,and the implementation effect of agricultural policy is inseparable from agricultural production behavior.Agricultural production behavior can reflect the level of agricultural policy utility.Currently,the government’s means of supporting agriculture and strengthening agriculture includes not only the direct subsidy policy of agriculture,but also the agricultural indirect subsidy policy involving policy agricultural insurance.Policy-based agricultural insurance,as a policy means,intervenes in agriculture to play its role in benefiting farmers and strengthening agriculture,and plays an active role in promoting stable agricultural operations,compensating for risk losses,and stabilizing producers’ income.China’s policy-based agricultural insurance has experienced a development process from pilot to gradual improvement,and its implementation has achieved remarkable results.Boosted the steady and healthy rise of China’s overall agricultural economy.Government departments have also gradually realized that there are differences in the demand for policy agricultural insurance for different agricultural production and management entities.In addition to the favorable conditions for large-scale development.It has also accelerated the government’s promulgation of the "Farmers’ Professional Cooperatives Law" to promote the development of farmers’ professional cooperatives.Therefore,the research on the impact of policy-based agricultural insurance on the production behavior of farmers’ professional cooperatives has a strong practical significance,so as to accelerate the development of policy-based agricultural insurance,and vigorously play the role of supporting agricultural production to guide the production of new agricultural business entities such as farmers’ professional cooperatives.To serve the effective operation of China’s agricultural economy.Based on the basic theories of farmer behavior theory and institutional change,this paper describes the current situation of policy-based agricultural insurance for the selection of farmers’ professional cooperatives,such as planting area selection,variable factor input,and agricultural technology application and briefly analyzes the adjustment and optimization of farmers’ professional cooperatives on their production behavior.At the same time,using the theory of expected utility and the maximization of output under the established cost conditions,the paper analyzes the production behavior of policy agricultural insurance for farmers’ professional cooperatives,capital investment,planting area selection,variable factor input and agriculturaltechnology application theoretical influence.Based on the extended double logarithmic C-D production function,establishing a basic production function model.According to the relevant panel data of the farmers’ professional cooperatives in the 13 major grain producing areas in China from 2007 to 2017,through the data sorting and calculation,it is determined to establish a fixed effect model.Empirical research on the impact of policy-based agricultural insurance on the production behavior of farmers’ professional cooperatives,such as planting choices,variable factor inputs,and technology applications.Research indicates,in the 11 years,policy-based agricultural insurance does not significantly promote the production behavior of farmers’ professional cooperatives to change their planting choices,but it has a significant positive impact on the variable factor input of farmers’ professional cooperatives.Moreover,the agricultural premium subsidies have a comparative effect on the technical application behavior of farmers’ professional cooperatives.Based on the results of this study,it is proposed to continue to increase premium subsidies,broaden the premium subsidy insurance;improve the construction of policy-based agricultural insurance system,stimulate new agricultural business entities to increase insurance;and innovate multi-level policy agricultural insurance products to cater new agricultural operations.Strengthen the establishment of a long-term development mechanism for policy-based agricultural insurance,so as to long-term commitment to serve the sustainable operation of the agricultural economy and achieve coordinated and sustainable development of policy-based agricultural insurance.