Analysis on Market Failure of Forest Insurance in China Based on the Supply Perspective
Forest insurance is a kind of insurance that regards shelterbelt forest, timber, felled logs and bamboos which are not stored as the insured, providing financial security for those forest when faced with economic losses caused by natural disasters or accidents. On the whole growth, it is of vital importance to maintain the sustainable development of forestry. In recent years, the forest insurance has developed in a certain degree. But under the market economy, the commercial operation model of the forest insurance falls into the situation of market failure that can be defined as limited demand, insufficient supply. Effective supply shortage is the fundamental reason limiting to the development of forest insurance. This paper analyzes the market failure of forest insurance under the system of short supply, explores the reasons from an economic perspective, and gives ideas on constructing the policy-guided forest insurance.
Forest insurance Market failure Insufficient supply Government support
XU Guangyu HE Yue
School of Economics & Management, Beijing Forestry University, China, 100083 Corresponding Author, School of Economics & Management, Beijing Forestry University, China, 100083
国际会议
北京
英文
191-195
2011-03-08（万方平台首次上网日期，不代表论文的发表时间）