2022 OCT 21 (NewsRx) — By a News Reporter – Staff News Editor at China Daily News — New agriculture research — Agricultural insurance is the subject of a report. According to reports from FuzhouPeople Republic of China, by NewsRx reporters, the research said, “This paper aims to test whether agricultural insurance has a significant impact on increasing farmers’ incomes or not. We used ordinary least squares (OLS), panel fixed effects and generalized system momentum estimation (GMM) for the test.
Reporters got a quote from the research of the business school, “The results show that increasing the density of agricultural insurance and increasing the remuneration of agricultural insurance per capita have a significant positive impact on the growth of farmers’ incomes. Agricultural insurance density and compensation per capita are the indicators used in this article to measure the development of agricultural insurance. It can therefore be considered that the development of agricultural insurance in Guangdong Province (China) can effectively increase the income level of farmers. Based on the results of the theoretical and empirical analysis, combined with the current situation of agricultural insurance development in Guangdong Provincethis document finally proposes relevant countermeasures and suggestions.
According to the reporters, the research concluded, “It provides some insights to fully play the role of agricultural insurance in promoting farmers’ income from the perspective of relevant system design, subsidy methods, innovation in insurance, level of service and advertising. ”
For more information on this research, see: The impact of agricultural insurance on farmers’ income: Guangdong Province (China) for example. PLOS ONE2022;17(10). PLOS ONE can be contacted at: Public Library Science, 1160 Battery StreetSte 100, San Francisco, California 94111, UNITED STATES. (Public Science Library – www.plos.org; PLOS ONE – www.plosone.org)
Our press correspondents report that further information can be obtained by contacting Mkhitaryan Davit, business schoolFuzhou Melbourne Polytechnic, Min Jiang University, Shanjie District, Fuzhou, Fujian ProvincePeople Republic of China. Other authors of this research include Miraj Ahmed BhuiyanZeng Xin Bin and Zhang Zurong.
The direct object identifier (DOI) for this additional information is: https://doi.org/10.1371/journal.pone.0274047. This DOI is a link to a free or paid online electronic document, and can be your direct source for a journal article and its citation.
The journal editor PLOS ONE can be contacted at: Public Library Science, 1160 Battery StreetSte 100, San Francisco, California 94111, UNITED STATES.
(Our reports provide factual information on research and discoveries around the world.)
