Study On The Development Of Vegetable Price Index Insurance In Qinghai Province

With the improvement of residents’ income and consumption level and the enhancement of green health awareness,vegetables play an increasingly important role in people’s life.In recent years,the sharp fluctuation of vegetable prices has had a negative impact on residents’ daily life and farmers’ normal production.However,the traditional vegetable insurance can only reduce the natural risks faced by vegetable production,but can do nothing to control the market risk.Therefore,the vegetable price index insurance came into being.In 2014,the Central Document No.1 proposed to strengthen the positive exploration of price index insurance.And the Central Document No.1 from 2015 to 2017 all put forward different requirements for the implementation of price index insurance.This paper takes the vegetable price index insurance in Qinghai province as the research object,and uses the methods of questionnaire survey,qualitative analysis and quantitative analysis to explore the development of the insurance.And this paper fully understands and analyzes its operation mode,development status and implementation effect,and conducted a questionnaire survey of vegetable farmers in pilot areas such as Datong,Huangyuan and Huangzhong.It is found that the vegetable price index insurance in Qinghai province has some problems,such as small insurance coverage,high insurance threshold,lack of scientificity in setting the target price,insufficient publicity,lack of financial support from the central and provincial governments and so on.In order to scientifically formulate the target price of vegetable price index insurance,taking the carrot price index insurance in Qinghai province as an example,this paper analyzes the price fluctuation risk of carrot through H-P filtering method,and uses ARIMA model to predict the price of carrot.Combining the predicted price with the historical price,the average price of vegetables in the three-year centralized listing period is calculated,and finally a more reasonable target price is formulated.In addition,farmers should enhance the awareness of risk management and understand the policy of benefit to farmers deeply.On the basis of establishing reasonable target price,insurance companies should also expand their coverage and set diversified guarantee levels.And the government should actively explore the financial subsidy mode,improve the subsidy efficiency,establish a catastrophe risk dispersion mechanism,and increase publicity,so as to promote the sustainable and stable development of vegetable price index insurance in Qinghai province.