The Effect of Agriculture Insurance on Agricultural Carbon Emissions in China: The Mediation Role of Low-Carbon Technology Innovation

Shi-jie Jiang, Lilin Wang and Feiyun Xiang ()
Additional contact information
Shi-jie Jiang: School of Mathematics and Information Science, Guangzhou University, Guangzhou Higher Education Mega Center No. 230, Outer Ring West Road, Guangzhou 510006, China
Lilin Wang: School of Economics and Finance, Southwestern University of Finance and Economics, Liutai Road No. 555, Chengdu 610074, China
Feiyun Xiang: School of Mathematics and Information Science, Guangzhou University, Guangzhou Higher Education Mega Center No. 230, Outer Ring West Road, Guangzhou 510006, China

Sustainability, 2023, vol. 15, issue 5, 1-20

Abstract: Global greenhouse gas emissions are increasing, with carbon dioxide being the most prominent. It is urgent to address and resolve the carbon emissions problem. This study investigates the mediating mechanism of agricultural insurance and low-carbon technology innovation on agricultural carbon emissions. We employed a two-way fixed effect panel model with data from 30 provinces in China from 2001–2019 to validate our hypotheses. The results demonstrate that (1) agricultural insurance can play an effective role in reducing agricultural carbon emissions, and (2) an indirect effect of agricultural insurance development on agricultural carbon emissions through low-carbon technology innovation exists. These results indicate that agricultural insurance could suppress agricultural carbon emissions indirectly through low-carbon technology innovation, thus preventing the acceleration of the greenhouse effect. This study further analyzed regional differences and discovered that the suppression effect of agricultural insurance on agricultural carbon emissions is more significant in the eastern regions and non-main grain-producing areas of China. Therefore, the analysis implies that promoting the development of agricultural insurance to encourage low-carbon technology innovation is crucial to accelerate the process of “carbon peak and neutrality”, especially for the eastern regions and non-main grain-producing areas of China.

Keywords: agricultural insurance; agriculture carbon emissions; low-carbon technology innovation; mediating effect (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://www.mdpi.com/2071-1050/15/5/4431/pdf (application/pdf)
https://www.mdpi.com/2071-1050/15/5/4431/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:15:y:2023:i:5:p:4431-:d:1085160

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().