Abandoning disaster relief and stimulating insurance demand through premium subsidies
研究了德国政府通过引入保费补贴替代灾害救济后，葡萄种植者对霜冻保险需求的变化，发现补贴能有效提升保险参与率，尤其对曾获救济的农户效果更明显。
Abstract Premium subsidies can be used to address low demand for natural hazard insurance when it is partly caused by governmental disaster relief payments. We analyze how the introduction of ex ante premium subsidies affects the frost insurance demand of German winegrowers after the government changed insurance regimes to avoid ex post disaster relief payments. We find that the implementation of a premium subsidy in an immature market with low levels of participation, presumably caused by strong anticipation of disaster relief, is effective in increasing overall frost insurance demand. Receiving disaster relief payments 3 years before the introduction of the subsidy seems to make farmers more responsive toward the premium subsidy.