2022
DOI: 10.3390/ijerph19127411
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Peer Effects on Farmers’ Purchases of Policy-Based Planting Farming Agricultural Insurance: Evidence from Sichuan Province, China

Abstract: The tendency to conform with peers, and learning by imitation, have become new influencing factors that affect farmers’ purchases of policy-based planting agricultural insurance. Based on the survey data of 540 farmers in Sichuan Province in 2021, this study empirically analyzed the impact of peer effects on farmers’ purchases of policy-based planting agricultural insurance and its mechanism. The results show that: (1) Regardless of whether farmers’ relatives and friends visit during the New Year period, the p… Show more

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Cited by 9 publications
(6 citation statements)
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“…Farmers with a greater degree of education are more aware of and accept insurance and are likelier to purchase policy-based planting agriculture insurance. This also indicates that the higher the farmers' educational level, the greater their degree of adopting new things, receiving and interpreting news, and the higher their risk aversion (Bao et al, 2022).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Farmers with a greater degree of education are more aware of and accept insurance and are likelier to purchase policy-based planting agriculture insurance. This also indicates that the higher the farmers' educational level, the greater their degree of adopting new things, receiving and interpreting news, and the higher their risk aversion (Bao et al, 2022).…”
Section: Literature Reviewmentioning
confidence: 99%
“…The main reasons why farmers do not take out AI is the registration and share problems of their lands [ 45 ]. The tendency to conform with peers and learning by imitation have become new influencing factors that affect farmers’ purchases of policy-based planting AI [ 46 ]. The factors affecting farmers’ uptake of insurance are the amount of hazelnut production, non-agricultural income status, farmer’s agricultural experience, total agricultural land assets, and the profitability of hazelnut production [ 8 ].…”
Section: Literature Reviewmentioning
confidence: 99%
“…Meanwhile, carry out policy interpretation, guidance on claims, and mobilize farmers to voluntarily apply for insurance. Pay attention to the importance of the peer effect on the behavior of farmers purchasing policy-based planting agricultural insurance [ 46 ].…”
Section: Conclusion and Recommendationsmentioning
confidence: 99%
“…Consequently, several academic studies have undertaken an examination of the influence exerted by diverse business environments on farmers' productivity-related behaviors. Farmers' decisions regarding the adoption of new technologies, application of fertilizers, and farmland transfer procurement of agricultural planting insurance are significantly influenced by these factors [20][21][22][23][24][25][26].…”
Section: Introductionmentioning
confidence: 99%