| In recent years,in order to reduce the losses caused by agricultural risks and make up for the vulnerability of agriculture itself,China has continuously innovated and developed agricultural risk management tools.In practice,it is found that a single type of risk management tool is difficult to deal with variable agricultural risks,and compound tools have gradually become the trend of agricultural risk management tools.Insurance and savings,respectively,as tools for spatial and temporal risk diversification management,can be combined to achieve risk management functions covering the scope of time and space,but there is currently no related product,so how to implement the combination of "Insurance + Savings" agricultural risk management tools? This article will explore this agricultural risk management tool innovatively.This paper demonstrates the rationality of "Weather Index Savings Insurance",on the basis of which 400 valid questionnaire data obtained from the survey in 40 villages in Nanling County,Feidong County,and Xiantao City.This paper uses the Ologit and Tobit regression analysis models to empirically study the rural households’ demand for the proportion of savings insurance in Weather Index Savings Insurance accounts,explore the impact of management area on the proportion of savings insurance,and further explore the influence mechanism.Finally,Anhui Province is used as an example to design a " Weather Index Savings Insurance " product.The following conclusions were drawn through the study: First,farmers with more management area chose the higher the proportion of insurance in the account.Largearea farmers have a strong demand for agricultural insurance due to their large operating area,high degree of marketization of production,relatively single agricultural planting structure,and large risk impact losses.Second,the larger the farmer,the more averse to investment risks is.When farmers face agricultural risks,as the area of management increases,the greater the likelihood of disasters,and they face more risks such as crop damage and yield reduction,which will eventually lead to a decline in income,which is likely to affect the production of the next year.In order to prevent the impact of external investment shocks on normal agricultural production,large-area farmers are more averse to investment risks.Third,the smaller the farmer,the greater the aversion to time risk compared to the farmer with the larger management area.Compared with farmers with large management areas,farmers with smaller management areas pay more attention to the capital needs of short-term production and life,and have a greater aversion to time risks.Fourth,there is an optimal choice for farmers of different management sizes when choosing the proportion of savings insurance.When the scale of management reaches a certain level,it is necessary to consider the risks brought by the tools to diversify risks,and farmers will choose a mixture of insurance and savings products,but different types of mixed products for farmers of different sizes.When the scale of farmers in the survey area was 311.6 mu,the deviation of the proportion of farmers from savings insurance was 0.335.Based on the above research conclusions,this paper takes Anhui Province as an example to design the Rice Weather Index Savings Insurance product,and puts forward relevant policy suggestions. |
