Measurement of the Market Effect of Financially Subsidized Agricultural Insurance--Based on cointegration theory and SVAR model

摘要：

　　Using cointegration theory, the existence of long-run equilibrium and short-run strong fluctuations is revealed in Chinas agricultural insurance market, and then, SVAR model is adopted to discuss financially subsidized market response.The results show that the breakeven point of financially subsidized insurance management is obviously lowered, and, the response, transfer, enlargement and lasting effect for each variable from one S.D.innovation pulse are superior to commercial insurance,which shows meaningful capital leverage effect.

关键词： Financially Subsidized Agricultural Insurance Market Effect SVAR Model Leverage Effect

作者: YANG Ruihua CHAO Nana

作者单位: College of Economics and Management,China Agricultural University,P.R.China,100083

会议类型: 国际会议

会议名称: The 7th International Institute of Statistics & Management Engineering Symposium(IISMES2015) (第七届国际统计与管理工程学术研讨会)

会议地点: 山东 日照

会议语种:英文

页码: 350-358

在线出版日期: 2015-08-17（万方平台首次上网日期，不代表论文的发表时间）