IDEAS home Printed from https://ideas.repec.org/a/eee/ecanpo/v78y2023icp835-844.html

Study on the coordinated poverty reduction effect of agricultural insurance and agricultural credit and its regional differences in China

Author

Listed:
  • Ai, Tianyuan
  • Zhang, Jiashu
  • Shao, Jingwen

Abstract

Agricultural insurance and agricultural credit are two important rural financial instruments, which play an important role in promoting rural poverty reduction. Based on the data of agricultural insurance and agricultural credit in 31 provinces, cities and autonomous regions in China, this paper makes an empirical analysis on the coordinated poverty reduction effect of agricultural insurance and agricultural credit and its differences in various regions in China by using the coupling coordination model and the static panel model. The results show that the development level of agricultural insurance and agricultural credit in China is low, and the development level of agricultural credit is higher than that of agricultural insurance. There is a coordinated development relationship between agricultural insurance and agricultural credit in China, and the coupling and coordination level of the two is constantly improving. The coordinated poverty reduction effect of agricultural insurance and agricultural credit and its regional differences in China are remarkable. This effect is more significant in South China, North China, northwest and Northeast China than in other regions. Based on this, it is suggested to vigorously develop agricultural insurance to improve the coupling and coordination level of agricultural insurance and agricultural credit. Create a good environment for promoting the coordinated development of agricultural insurance and agricultural credit. Pay attention to the regional differences of the coordinated poverty reduction effect of agricultural insurance and agricultural credit in China, and each region should choose its own development model.

Suggested Citation

  • Ai, Tianyuan & Zhang, Jiashu & Shao, Jingwen, 2023. "Study on the coordinated poverty reduction effect of agricultural insurance and agricultural credit and its regional differences in China," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 835-844.
    • Handle: RePEc:eee:ecanpo:v:78:y:2023:i:c:p:835-844
    DOI: 10.1016/j.eap.2023.04.027
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0313592623000760
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.eap.2023.04.027?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Gin, Xavier & Yang, Dean, 2009. "Insurance, credit, and technology adoption: Field experimental evidencefrom Malawi," Journal of Development Economics, Elsevier, vol. 89(1), pages 1-11, May.
    2. Mario J. Miranda & Claudio Gonzalez-Vega, 2010. "Systemic Risk, Index Insurance, and Optimal Management of Agricultural Loan Portfolios in Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 93(2), pages 399-406.
    3. Farrell E. Jensen, 2000. "The Farm Credit System as a Government-Sponsored Enterprise," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 22(2), pages 326-335.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xueyi Wang & Taiyi He & Ke Li, 2023. "Regional Population and Public Services under the Framework of Sustainable Development: Evidence from a Typical High-Tech Zone in China," Sustainability, MDPI, vol. 15(17), pages 1-16, September.
    2. Sun, Ji-Le & Tao, Ran & Wang, Jiao & Wang, Yi-Fei & Li, Jia-Yi, 2024. "Do farmers always choose agricultural insurance against climate change risks?," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 617-628.
    3. Liu, Bei & Ren, Baoping & Jin, Fei, 2025. "Does climate risk affect the ease of access to credit for farmers? Evidence from CHFS," International Review of Economics & Finance, Elsevier, vol. 97(C).
    4. Jialin Wang & Yanglin Wu & Jiyao Liu & Desheng Zhang, 2025. "Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance," Agriculture, MDPI, vol. 15(15), pages 1-23, August.
    5. Zhang, Zhenhua & Deng, Haowen & Yan, Mengxin & Feng, Chao & Sun, Huaping, 2025. "The collaborative effect of green finance policy on pollution and carbon reduction: A quasi-experimental design," International Review of Economics & Finance, Elsevier, vol. 102(C).
    6. Huang, Zumei & Su, Ke & Wang, Shumin, 2025. "The role of agricultural insurance in promoting farmers' green production behavior: The moderating effect of legal trust," Finance Research Letters, Elsevier, vol. 80(C).
    7. Lin, Boqiang & Wang, You, 2024. "How does natural disasters affect China agricultural economic growth？," Energy, Elsevier, vol. 296(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gallenstein, Richard & Flatnes, Jon Einar & Dougherty, John & Mishra, Khushbu & Miranda, Mario & Sam, Abdoul, "undated". "The Impact of Index Insurance and Joint Liability on Borrowing and Risk Taking among Smallholder Farmers: Evidence from a Framed Field Experiment in Tanzania," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 259210, Agricultural and Applied Economics Association.
    2. Richard A. Gallenstein & Khushbu Mishra & Abdoul G. Sam & Mario J. Miranda, 2019. "Willingness to Pay for Insured Loans in Northern Ghana," Journal of Agricultural Economics, Wiley Blackwell, vol. 70(3), pages 640-662, September.
    3. Möllmann, Johannes & Buchholz, Matthias & Kölle, Wienand & Musshoff, Oliver, 2020. "Do remotely-sensed vegetation health indices explain credit risk in agricultural microfinance?," World Development, Elsevier, vol. 127(C).
    4. Gallenstein, Richard & Mishra, Khushbu & Sam, Abdoul & Miranda, Mario, 2015. "Willingness to Pay for Insured Loans in Northern Ghana," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205696, Agricultural and Applied Economics Association.
    5. Richard A. Gallenstein & Jon Einar Flatnes & John P. Dougherty & Abdoul G. Sam & Khushbu Mishra, 2021. "The impact of index‐insured loans on credit market participation and risk‐taking," Agricultural Economics, International Association of Agricultural Economists, vol. 52(1), pages 141-156, January.
    6. Zhang, Jinhua & Chen, Shuangyu & Goodell, John W. & Du, Anna Min, 2025. "Digital credit and insurance: Improving economic well-being for rural households," International Review of Economics & Finance, Elsevier, vol. 98(C).
    7. Mishra, K., 2018. "You are Approved! Insured Loans Improve Credit Access and Technology Adoption of Ghanaian Farmers," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277089, International Association of Agricultural Economists.
    8. Dougherty, John & Flatnes, Jon Einar & Gallenstein, Richard & Miranda, Mario J. & Sam, Abdoul G., "undated". "Investigating the Impact of Climate Change on the Demand for Index Insurance," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258524, Agricultural and Applied Economics Association.
    9. Farrin, Kathleen M. & Miranda, Mario J., 2013. "Premium Benefits? A Heterogeneous Agent Model of Credit-Linked Index Insurance and Farm Technology Adoption," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149666, Agricultural and Applied Economics Association.
    10. B Kelsey Jack, "undated". "Market Inefficiencies and the Adoption of Agricultural Technologies in Developing Countries," CID Working Papers 50, Center for International Development at Harvard University.
    11. Bauchet, Jonathan & Chakravarty, Sugato & Hunter, Brian, 2018. "Separating the wheat from the chaff: Signaling in microfinance loans," World Development, Elsevier, vol. 106(C), pages 40-50.
    12. Guizar-Mateos, Isai & Miranda, Mario J. & Gonzalez-Vega, Claudio, 2013. "The Role of Credit and Deposits in the Dynamics of Technology Decisions and Poverty Traps," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149860, Agricultural and Applied Economics Association.
    13. Abdul Latif Alhassan & Noluyolo Magazi, 2021. "Microinsurance and household asset welfare in South Africa," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 46(3), pages 358-382, July.
    14. Wilson, Nicholas, 2021. "Why is ageing associated with lower adoption of new technologies? Evidence from voluntary medical male circumcision and a structural model," The Journal of the Economics of Ageing, Elsevier, vol. 19(C).
    15. Owusu, V., 2018. "Credit-Constraints and Preferences for Crop Insurance in Ghana: Implications of Attribute Non-Attendance in Discrete Choice Experiments," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 276967, International Association of Agricultural Economists.
    16. Shawn Cole & Xavier Gine & Jeremy Tobacman & Petia Topalova & Robert Townsend & James Vickery, 2013. "Barriers to Household Risk Management: Evidence from India," American Economic Journal: Applied Economics, American Economic Association, vol. 5(1), pages 104-135, January.
    17. Ayako Matsuda & Takashi Kurosaki, 2017. "Temperature and Rainfall Index Insurance in India," OSIPP Discussion Paper 17E002, Osaka School of International Public Policy, Osaka University.
    18. Arun, Thankom Gopinath & Bendig, Mirko, 2010. "Risk Management among the Poor: The Case of Microfinancial Services," IZA Discussion Papers 5174, IZA Network @ LISER.
    19. Shawn Cole & Xavier Giné & James Vickery, 2017. "How Does Risk Management Influence Production Decisions? Evidence from a Field Experiment," The Review of Financial Studies, Society for Financial Studies, vol. 30(6), pages 1935-1970.
    20. Koen Rossel-Cambier, 2010. "Do Multiple Financial Services Enhance the Poverty Outreach of Microfinance Institutions?," Working Papers CEB 10-058, ULB -- Universite Libre de Bruxelles.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecanpo:v:78:y:2023:i:c:p:835-844. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/economic-analysis-and-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.