Determining the relationship between agricultural insurance developments and changes in the production of the agricultural sector in Algeria during the period 1990 – 2018

Abstract

This study is based on the analysis of the interactive relationship and the extent of the mutual impact between the development of the agricultural insurance sector and the changes in the volume of agricultural production achieved annually in Algeria during the period from 1990 to 2018, with an econometric study using the dynamic analysis method of Vector Autoregressive model VAR, according to which we concluded that the development of the agricultural insurance turnover is dependent to a large extent on changes in the volume of annual agricultural output, through an econometric model that explains the relationship between them and allows to determine the variables’ behavior following a change in one of them, given the importance of the agricultural insurance in supporting and protecting the agricultural output and sustaining the agricultural sector’s activity while guaranteeing high productivity, since it is regarded as one of the important sectors that represents one of the strategic alternatives to get out of the total dependency on the hydrocarbon sector.