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Impact of agricultural insurance on labor allocation

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Analysis shows agricultural insurance affects labor allocation in rural households, suggesting variations by crop type.

Agricultural insurance significantly increases the proportion of household agricultural labor, improving risk management.
Analyzing panel data from 2019 to 2021, findings indicate a notable shift in labor allocation due to insurance.
The study utilizes a two-way fixed effects model, examining data from rural China focused on major grain crops.
This research highlights how agricultural insurance varies in effectiveness based on income share and household size.

Chen et al. (2025) studied this question.

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