Economics at your fingertips  

Do forest producers benefit from the forest disaster insurance program? Empirical evidence in Fujian Province of China

Yongwu Dai, Hung-Hao Chang () and Weiping Liu

Forest Policy and Economics, 2015, vol. 50, issue C, 127-133

Abstract: Disaster insurance programs have been recognized as an effective strategy to reduce agricultural production risk. Although a considerable body of literature has focused on natural disaster insurance programs for agricultural producers, not much is known about forest disaster insurance. This paper contributes to this knowledge gap by looking at the Fujian Forest Disaster Insurance (FFDI) program in China. In particular, we examine the extent to which the socio-demographic characteristics and production practice of forest producers, along with other factors, are associated with their participation decision to the program. Moreover, we assess the impact of the FFDI program on household income. Using a household survey of 950 forest producers in Fujian Province in China, it is evident that the education of forest producers, participation in producers' organizations in the local area, and the incidence of forest fires in the local counties are significant determinants of participation in the FFDI program. With respect to the welfare effect, we found that the FFDI program significantly increased household income by approximately 10%.

Keywords: Forest disaster insurance program; Forest producers; Household income; China (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

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:

DOI: 10.1016/j.forpol.2014.06.001

Access Statistics for this article

Forest Policy and Economics is currently edited by M. Krott

More articles in Forest Policy and Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

Page updated 2021-08-26
Handle: RePEc:eee:forpol:v:50:y:2015:i:c:p:127-133