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Agricultural Mechanism of Spreading Catastrophe Risk in China and Legislation Conception AgEcon
Li, Xu-dong; Sun, Yao-wei.
This paper introduces agricultural catastrophe and its characteristics, and conducts comparative analysis on existing mechanism of spreading agricultural catastrophe risk, indicating that the mechanism of administrative remedy has the greatest efficiency and highest cost; the mechanism of social assistance has the lowest cost, but its efficiency is lowest and there are unstable factors; market mechanism, namely the insurance of agricultural catastrophe, is the rational choice of agricultural department in mechanism of risk spreading. This paper analyzes the status quo of China’s insurance of agricultural catastrophe, indicating that the main body of management in China’s insurance of agricultural catastrophe is missing. In addition, the market demand is...
Tipo: Journal Article Palavras-chave: Agricultural catastrophe; Spreading mechanism; Agricultural insurance; Legislation; China; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/113475
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