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Book review Book review Agricultural Insurance: Theory, Empirical Research and Experience – Based on Farmers Household Data 1st ed., Edited by ZhangYuehua China Agricultural Press 380pp., Paperback ISBN: 978-7-109-23113-9 Keyword Agricultural insurance Review DOI 10.1108/CAER-11-2017-0227 Since joining the World Trade Organization, the Chinese Government has paid more and more attention to agricultural insurance, a supportive policy in the agricultural protection network. From 2007 to 2016, China’s agricultural insurance premium increased from 5.18 to 41.71 billion yuan, and insurance coverage of crops increased from 15.3 to 114.7 million hectares. Agricultural insurance covers all the provinces in China, encompassing 211 varieties of crops and almost all fields of agriculture, forestry, animal husbandry, and fishery. China’s agricultural insurance business is the largest in Asia, exceeded only by that of the USA. It ranks first in aquaculture and forest insurance 1 . Chinese Government subsidy for agricultural insurance totaled more than 100 billion yuan in 2007. However, certain basic questions about agricultural insurance exist. What kind of role can agricultural insurance play in agricultural production? What factors affect farmers’ participation in agricultural insurance? How efficient is agricultural insurance as a tool of agricultural support? How can China establish a better agricultural insurance system
China Agricultural Economic Review – Emerald Publishing
Published: Feb 5, 2018
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