Research On Output Effect Of Agricultural Insurance In Shanxi Province

Shanxi Province is an important grain producing area in the middle reaches of the Yellow River.However,due to the limitation of natural environment,the development conditions of agriculture are not very ideal.As one of the first provinces to implement the agricultural insurance policy,Shanxi's agricultural insurance has shown a fast and good trend.At the same time,it also highlights its strong protection function and has made great contributions to stabilizing agricultural production and ensuring farmers'income.Therefore,it is of great theoretical and practical significance to study whether agricultural insurance in Shanxi Province has promoted agricultural output and what problems still exist in its development.In this paper,firstly,the development process and current situation of agricultural output and agricultural insurance in Shanxi Province are analyzed to find out the problems existing in the development process of agricultural insurance in Shanxi Province.Secondly,selecting variables such as agricultural insurance premium income,agricultural insurance indemnity expenditure,and crop planting area,the functional model of agricultural output is constructed.Based on VAR model,the unit root test,cointegration test,impulse response function,variance decomposition and other analysis methods are used to conduct in-depth research.The results show that there is a long-term cointegration relationship between the agricultural insurance premium income,the agricultural insurance indemnity expenditure,the sown area of crops and the agricultural output.The impact of the agricultural insurance premium income contributes about 4.69%to the fluctuation of the agricultural output,which has a small positive promoting effect.This shows that the agricultural insurance has not fully played its due role and should be further improved and promoted.Finally,according to the problems existing in the development of agricultural insurance in Shanxi province and the empirical results,the following suggestions are put forward:(1)perfecting the laws and regulations of agricultural insurance in Shanxi province;(2)to build a diversified agricultural insurance system;(3)perfecting the agricultural catastrophe insurance system;(4)Raise the awareness of producers about insurance.