Agricultural Mechanism of Spreading Catastrophe Risk in China and Legislation Conception

Xu-dong Li and Yao-wei Sun

Asian Agricultural Research, 2011, vol. 03, issue 04, 7

Abstract: 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 critically scanty, and insurance of agricultural catastrophe lacks external development environment. The gap of China’s insurance law of agricultural catastrophe has become the greatest obstacle to the development of insurance of agricultural catastrophe. From legislative purpose, basic principle, nature, main body of legal relations, management range, policy support, supervision and management and so on, the legislation conception of China’s insurance of agricultural catastrophe is put forward.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/113475/files/4-5.pdf (application/pdf)

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:ags:asagre:113475

DOI: 10.22004/ag.econ.113475

Access Statistics for this article

More articles in Asian Agricultural Research from USA-China Science and Culture Media Corporation
Bibliographic data for series maintained by AgEcon Search ().