Farmers' Willingness to Pay for Cow Insurance in Shaanxi Province, China

被引:13
作者
Xiu, Fengli [1 ]
Xiu, Fengguang [2 ]
Bauer, Siegfried [1 ]
机构
[1] Dept Project & Reg Planning, D-35390 Giessen, Germany
[2] Shengyang Ligong Univ, Shenyang 110159, Peoples R China
来源
INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS (ICOAE) | 2012年 / 1卷
关键词
Cow insurance; China; WTP; Heckman selection model;
D O I
10.1016/S2212-5671(12)00049-4
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
The potential risk for livestock breeding is much higher than other agricultural producer which affects income stability and welfare of households. Agricultural insurance is developed slowly in China. This paper analyzes farmers' Willingness to pay (WTP) for cow insurance and factors influencing farmers' participation in and WTP. It shows that the current premium is in the range that famers can accept. The acceptance of premium and farmers' knowledge of allowance significantly influenced both of their participation and WTP. Policy makers should encourage farmers to enlarge their scale and make the premium as low as possible through subsidy farmers. (C) 2012 Published by Elsevier Ltd. Selection and/or peer-review under responsibility of the Organising Committee of ICOAE 2012
引用
收藏
页码:431 / 440
页数:10
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