An Empirical Study Of The Effect Of Agricultural Insurance In China On Weakening Poverty

By the end of 2018,there were still 16.6 million rural poor in the country.Although it has decreased by 13.86 million compared with the end of 2017,the incidence of poverty has also dropped by 1.4 percentage points.However,the target node for building a well-off society in 2020 is getting closer and closer.It is still very difficult for China to eliminate the absolute poor before this.In recent years,financial poverty alleviation has emerged.Agricultural insurance is also one of the poverty alleviation measures.Because of its unique risk protection and economic compensation functions,it carries the important task of maintaining a stable development of the agricultural economy and income,so whether agricultural insurance can be promoted in it.The development of agricultural economy and the improvement of the income distribution of rural residents have played a role in reducing poverty.This is a question worth exploring.Based on the anti-poverty theory and related welfare effect theory,this paper attempts to use the relevant data of 31 provinces,municipalities and autonomous regions in 2012-2017,and refer to the research methods of previous scholars,using the degree of agricultural insurance development as the core index,using a multi-panel regression model.The Cobb-Douglas production function construction related model empirically analyzes the effect of agricultural insurance on the poverty reduction.The empirical analysis shows that whether it is nationwide or the eastern,central and western regions,the degree of agricultural insurance development has actively promoted the development of agricultural economy,and can also improve the living standards of poor rural areas and reduce poverty.Moreover,agricultural insurance can achieve the role of reducing poverty by raising the per capita income of farmers across the country.In view of this,it is recommended to adopt differentiated agricultural insurance subsidy policies for all regions of the country,and concentrate on supporting regions with weaker aspects in regional comparisons.Therefore,China should vigorously develop agricultural insurance,give full play to the function of agricultural insurance to reduce poverty,and contribute to China's poverty reduction.