Research On The Influence Of Agricultural Insurance Financial Subsidies On Agricultural Output In Guangdong Province

In response to the call of the central government,to achieve rural revitalization and improve agricultural output,Guangdong Province continues to promote agriculture high quality development of insurance,especially a series of reforms and innovations in the financial subsidy policies for agricultural insurance.However,the special geographical and climatic conditions in Guangdong Province,as well as the differences in economic development levels among different regions,pose certain challenges to the role of agricultural insurance financial subsidies,thereby affecting the level of agricultural output.Therefore,it is necessary to study the impact of agricultural insurance financial subsidies on agricultural output in Guangdong Province,and to create a new model of agricultural insurance subsidies that promotes agricultural production through a combination of theoretical and empirical studies of practical importance for agricultural development in Guangdong Province.After analyzing the current situation of agricultural insurance financial subsidies,agricultural insurance development,and agricultural output in Guangdong Province,this article selects relevant statistical data from 2008 to 2020,and uses a combination of theoretical and empirical methods to analyze the impact of agricultural insurance financial subsidies on agricultural output levels.In the empirical part,after comparing static and dynamic panel models,a systematic GMM model is finally selected for empirical analysis based on the characteristics of the data.At the same time,this thesis uses agricultural technological progress as an intermediary variable to construct an intermediary effect model to test the indirect effect of agricultural insurance financial subsidies on agricultural output.The empirical results show that after controlling variables such as per capita sown area and urbanization level,It is assumed that the financial support of agricultural insurance has an important positive relationship with agricultural production and that the financial support of agricultural insurance can promote agricultural production through the development of agricultural technology.Finally,through the heterogeneity test analysis,it is found that there are significant differences in agricultural insurance financial subsidies on agricultural output in the Pearl River Delta,eastern and northwestern Guangdong,and under different urban levels.Based on the above analysis,the following recommendations are proposed:Guangdong Province should adopt a more flexible fiscal subsidy differentiation policy for agricultural insurance.At the same time,the government should take joint action with multiple departments to improve the efficiency of agricultural insurance subsidies,and promote the development of agricultural insurance companies by promoting insurance knowledge,cultivating insurance talents,striving to expand the scale of agricultural insurance subsidies,and ultimately promoting the sustainable development of agricultural production.