International Journal of Economics, Commerce and Management Licensed under Creative Common A PANEL ANALYSIS OF THE INTERACTION BETWEEN THE DEVELOPMENT OF THE AGRICULTURAL INSURANCE AND THE GROWTH OF THE AGRICULTURAL PRODUCTION IN PRESENCE OF RISK YIELDS

Ezdini Sihem
2015 unpublished
In this paper, we try to evaluate the impact of the systems of insurance on the growth economy and this by an empirical estimation in static panel of the interaction which exists between the degree of the development of the market of the agricultural insurance and the development of the real growth of the agricultural production in three American, European and Asian continents during period (2000-2012) in presence of risk of variability of the agricultural yields. Our study covers 24 countries
more » ... overs 24 countries selected on the basis of data availability they include : (a) the European countries, consisting of 7 countries, namely countries, namely: India and China. The hypothesis which is discussed stipulates that the application of the agricultural insurance could have a positive impact on the growth of the agricultural production in presence of risk of variability of the agricultural yields. The results obtained from our estimation suppose that several factors influence positively the development of the industry of agricultural insurance to insure an improvement of the agricultural growth production. These factors are: the penetration rate in the agricultural insurance, the agricultural investments, the agricultural spending and the subsidies of agricultural price production.
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