Study on the Influence of Government Subsidy on Farmers' Willingness to Purchase Typhoon Index Insurance

Fang Song, Fang Song, Xinyuan Wang, Xuerong Xu

2022

Abstract

The purpose of this paper is to analyze the influencing factors of farmers’ willingness to buy typhoon index insurance from the perspective of government subsidy policy. In particular, the authors develop the binary logistic regression model based on the survey data of 124 aquaculture farmers in Fujian Province. The results showed that the age, input cost and the number of disasters affecting production except typhoon had a negative effect on the willingness of aquaculture farmers to buy typhoon index insurance. In turn, the number of losses due to typhoons in the past five years, attitude towards typhoon index insurance and satisfaction with subsidy policy have a positive impact on the willingness of aquaculture farmers to buy typhoon index insurance. This study helps to improve the risk guarantee system of aquaculture farmers and the government’s subsidy policy.

Paper Citation

in Harvard Style

Song F., Wang X. and Xu X. (2022). Study on the Influence of Government Subsidy on Farmers' Willingness to Purchase Typhoon Index Insurance. In Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI; ISBN 978-989-758-620-0, SciTePress, pages 596-601. DOI: 10.5220/0011752700003607

in Bibtex Style

@conference{icpdi22,
author={Fang Song and Xinyuan Wang and Xuerong Xu},
title={Study on the Influence of Government Subsidy on Farmers' Willingness to Purchase Typhoon Index Insurance},
booktitle={Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI},
year={2022},
pages={596-601},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011752700003607},
isbn={978-989-758-620-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI
TI - Study on the Influence of Government Subsidy on Farmers' Willingness to Purchase Typhoon Index Insurance
SN - 978-989-758-620-0
AU - Song F.
AU - Wang X.
AU - Xu X.
PY - 2022
SP - 596
EP - 601
DO - 10.5220/0011752700003607
PB - SciTePress