Youyang You

(Yunnan University of Finance and Economics, Kunming 650221, China)

 

 

Abstract: This paper discusses the significance and feasibility of developing crop revenue insurance in Chinese regional economies. There are three critical factors for successful schemes, i.e., ample regional yield-price information, effective ways of price discovery and extensive public support for regulation and finances. Although there are problems and inefficient, the foundation of developing crop revenue insurance in Chinese regional economies is available, the developing trend is optimal comparatively. We suggest well-preparing regional yield data and price data, complement the value-found function of crop futures market, reinforce the regulation of agriculture insurance fiscal fund, crop insurance can be implemented in some region experimentally, the discussion and preparation of some rules should be actively developed, specified insurance company can try to accumulate and analyze relevant data in order to research and explore the principal of pricing and measure.

 

Key words: agriculture insurance; crop revenue insurance; regional yield; agriculture futures market

 

JET code: Q1