A Sudy On The Relationship Between Bancassurance Interaction And Household Farms' New Technology Adoption

The development of household farm is the basic link to establish a new type of agricultural management,and it is also a common way that most country in the word adopt to develop modern agriculture.Since 2013,the concept of "household farm" appeared in the central "the Central Document No.1" in the first time,the number of household farm in our country is increasing and the scale is gradually expanding.According to the neoclassical economics,the development of household farm can approve the development of Chinese agricultural mechanization and the application of new agricultural technology.At the same time,it can increase the income of farmers and improve the efficiency of agricultural production.The establishment of household farm has overcome the drawbacks of the ordinary farmers' small-scale operation,but in the process of mechanization and modernization,household farms will face greater risks and financing difficulties.The interaction of credit and insurance as a new form of financial support for agriculture police.It can effectually break the dual constraints of agricultural credit and agricultural risk that household farms faced in the process of agricultural business.On the basis of alleviating the risk of agriculture,it can provide more funds for household farms to adopt new agricultural technologies.Based on the review of related literature,this paper analyzes the current situation of household farm financing and the use of new agricultural technology firstly,found that Chinese household farms have the characteristics of large amount of demand,diversification and lack of collateral security in credit.In the development of new agricultural technology,the present situation is confronted with the low efficiency of agricultural technology,low level of mechanization and lack of agricultural technician.Second,Secondly,this paper introduces the policy environment of the interaction between credit and insurance,the operating status of bank-insurance interaction in foreign countries and the main interactive mode between credit and insurance in our country.Third,this paper analyzes the characteristics,operation mechanism,the situation of the various stakeholders the existing problems of the bank-insurance interaction in the research area and the mechanism of bancassurance interaction to promote the adoption of new agricultural technology.Fourth,according to the data obtained from the field investigation in the pilot areas,this paper use Bivariate Probit model to test whether the household farmers participated in the interaction of credit and insurance can promote the adoption of new agricultural technology.The empirical results show that household farmers which participate in the interaction of credit and insurance can promote the adoption of new agricultural.technologies.Specifically,when household farmers participated in the interaction of credit and insurance,they can get enough funds to purchase new agricultural machinery and equipment to reduce labor costs in the process of agricultural production.At the same time,household farms will increase output efficiency.At last,from the actual situation,this paper puts forward four policy suggestions to promote the healthy development of household farms and improve the conversion rate of new agricultural technology in our country.