Open AccessRETRACTED: Influencing Factors of Agricultural Insurance Demand under the Background of Big Data
Author(s) -
Yuping Wang
Publication year - 2019
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1325/1/012065
Subject(s) - agriculture , big data , business , agricultural economics , natural resource economics , economics , computer science , geography , data mining , archaeology
The development status of agricultural insurance in China, the overall coverage of crop insurance and forest insurance is still less than 60%. Except for wheat, rice and corn crops, the coverage of other crops is relatively low. The coverage of aquaculture insurance is low, especially the penetration rate of important animal products such as fat pigs and dairy cows is less than 25%. Emerging products such as weather index insurance, price index insurance and facility agricultural insurance are still in the initial stage of exploration. The supply of agricultural products with local, industrial and functional characteristics is insufficient and it is difficult to meet the diversified protection needs. The investment in insurance product development is relatively insufficient, which reflects the insufficient supply of agricultural insurance products and services in China. This paper comprehensively studies and discusses it.