Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance

Against the backdrop of increasingly frequent extreme weather events and heightened market price volatility, investigating the relationship between agricultural insurance and farmers’ livelihood resilience is crucial for ensuring rural socioeconomic stability. This study utilizes field survey data f...

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Main Authors: Jialin Wang, Yanglin Wu, Jiyao Liu, Desheng Zhang
Format: Article
Language:English
Published: MDPI AG 2025-08-01
Series:Agriculture
Subjects:
Online Access:https://www.mdpi.com/2077-0472/15/15/1683
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author Jialin Wang
Yanglin Wu
Jiyao Liu
Desheng Zhang
author_facet Jialin Wang
Yanglin Wu
Jiyao Liu
Desheng Zhang
author_sort Jialin Wang
collection DOAJ
description Against the backdrop of increasingly frequent extreme weather events and heightened market price volatility, investigating the relationship between agricultural insurance and farmers’ livelihood resilience is crucial for ensuring rural socioeconomic stability. This study utilizes field survey data from 1196 households across twelve county-level divisions (three cities and nine counties) from China’s Hainan and Yunnan provinces, specifically in natural rubber-producing regions. Using propensity score matching (PSM), we empirically examine agricultural insurance’s impact on household livelihood resilience. The results demonstrate that agricultural insurance increased the effect on farmers’ livelihood resilience by 1%. This effect is particularly pronounced among recently poverty-alleviated households and large-scale farming operations. Furthermore, the analysis highlights the mediating roles of credit availability, adoption of agricultural production technologies, and production initiative in strengthening insurance’s positive impact. Therefore, policies should be refined and expanded, combining agricultural insurance with credit support and agricultural technology extension to leverage their value and ensure the sustainable development of farm households.
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institution Kabale University
issn 2077-0472
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spelling doaj-art-a802b331e8e1461384a21af3ebaf96b02025-08-20T03:36:30ZengMDPI AGAgriculture2077-04722025-08-011515168310.3390/agriculture15151683Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber InsuranceJialin Wang0Yanglin Wu1Jiyao Liu2Desheng Zhang3International Business School, Hainan University, Haikou 570228, ChinaInternational Business School, Hainan University, Haikou 570228, ChinaInternational Business School, Hainan University, Haikou 570228, ChinaInternational Business School, Hainan University, Haikou 570228, ChinaAgainst the backdrop of increasingly frequent extreme weather events and heightened market price volatility, investigating the relationship between agricultural insurance and farmers’ livelihood resilience is crucial for ensuring rural socioeconomic stability. This study utilizes field survey data from 1196 households across twelve county-level divisions (three cities and nine counties) from China’s Hainan and Yunnan provinces, specifically in natural rubber-producing regions. Using propensity score matching (PSM), we empirically examine agricultural insurance’s impact on household livelihood resilience. The results demonstrate that agricultural insurance increased the effect on farmers’ livelihood resilience by 1%. This effect is particularly pronounced among recently poverty-alleviated households and large-scale farming operations. Furthermore, the analysis highlights the mediating roles of credit availability, adoption of agricultural production technologies, and production initiative in strengthening insurance’s positive impact. Therefore, policies should be refined and expanded, combining agricultural insurance with credit support and agricultural technology extension to leverage their value and ensure the sustainable development of farm households.https://www.mdpi.com/2077-0472/15/15/1683agricultural insurancefarmers’ livelihood resiliencepropensity score matching method
spellingShingle Jialin Wang
Yanglin Wu
Jiyao Liu
Desheng Zhang
Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
Agriculture
agricultural insurance
farmers’ livelihood resilience
propensity score matching method
title Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
title_full Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
title_fullStr Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
title_full_unstemmed Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
title_short Study of the Impact of Agricultural Insurance on the Livelihood Resilience of Farmers: A Case Study of Comprehensive Natural Rubber Insurance
title_sort study of the impact of agricultural insurance on the livelihood resilience of farmers a case study of comprehensive natural rubber insurance
topic agricultural insurance
farmers’ livelihood resilience
propensity score matching method
url https://www.mdpi.com/2077-0472/15/15/1683
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