Table 1.
Income probability distribution of farmers buying and not buying agricultural insurance when risks occur and when they do not occur.
Fig 1.
A road map of the impact of agricultural insurance on farmers’ income.
Source: authors’ elaboration.
Table 2.
Detailed explanation of each variable.
Table 3.
Descriptive statistics for each variable.
Table 4.
Unit root test results.
Table 5.
Static and dynamic model test results of agricultural insurance direct mechanism on farmers’ income.
Table 6.
The static and dynamic model test results of the indirect mechanism of agricultural insurance on farmers’ income.
Table 7.
Test results of threshold effect of agricultural insurance density.
Table 8.
Agricultural insurance per capita threshold effect of indemnity test result.
Table 9.
Parameter estimation results of agricultural insurance density and farmer income threshold model.
Table 10.
Parameter estimation results of agricultural insurance per capita indemnity and farmers’ income single threshold model.