Faculty of Economics, University of Cambridge, Cambridge, United Kingdom; IZA Institute of Labor Economics, Bonn, Germany.
Faculty of Economics, University of Cambridge, Cambridge, United Kingdom; Faculty of Economics, Chiang Mai University, Chiang Mai, Thailand.
J Health Econ. 2024 Sep;97:102918. doi: 10.1016/j.jhealeco.2024.102918. Epub 2024 Aug 8.
We study the effects of health insurance coverage on agricultural production decisions, examining the causal relationships by exploiting a health care reform and providing a theoretical framework to elucidate underlying mechanisms. We find that the reform led to long-run increases in total cultivation investments and output, accompanied by a shift in households' cultivation portfolio towards riskier crops. We explain these findings using a model of agricultural investment, highlighting the important roles of health insurance in mitigating background medical expenditure risks and enhancing health. We also find that the reform improved households' financial well-being through reduced debts and defaults on loans.
我们研究了医疗保险覆盖范围对农业生产决策的影响，通过利用医疗改革并提供一个理论框架来阐明潜在机制，考察了因果关系。我们发现，改革导致总种植投资和产出的长期增长，同时家庭的种植组合向风险更高的作物转移。我们使用农业投资模型解释了这些发现，强调了医疗保险在减轻背景医疗支出风险和促进健康方面的重要作用。我们还发现，改革通过减少债务和贷款违约，改善了家庭的财务状况。
