English  |  正體中文  |  简体中文  |  Items with full text/Total items : 90074/105197 (86%)
Visitors : 7167404      Online Users : 45
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    ASIA unversity > 管理學院 > 財務金融學系 > 會議論文 >  Item 310904400/63779


    Please use this identifier to cite or link to this item: http://asiair.asia.edu.tw/ir/handle/310904400/63779


    Title: Insurance Development and Economic Growth: The Roles of Political, Economic, and Legal Environments
    Authors: Lee, Chien-Chiang;Chang, Chi-Hung
    Contributors: Department of Finance, National Sun Yat-sen University, Kaohsiung, Taiwan;Department of Risk Management and Insurance, Shih Chien University, Taipei, Taiwan
    Keywords: insurance development, economic growth, dynamic panel threshold model,political environments, legal environments.
    Date: 2013
    Issue Date: 2013-08-07 09:36:13 (UTC+8)
    Publisher: Department of Finance, National Sun Yat-sen University, Kaohsiung, Taiwan;Department of Risk Management and Insurance, Shih Chien University, Taipei, Taiwan
    Abstract: Previous studies on the insurance-growth relationship have recognized the
    importance of insurance development on economic growth and documented the direct
    contribution of the insurance market to economic growth. This paper investigates how
    institutional environments shape the relation between insurance and economic growth.
    We conduct four hypotheses – quasi-institution positivity, quasi-institution negativity,
    quasi-institution duality, and quasi-institution neutrality – and evaluate which one
    determines the insurance-growth relationship by applying a novel dynamic panel
    threshold model. Using multiple measures related to political, economic, and legal
    environments to assess the soundness of institutional environments, we find that the
    quasi-institution negativity hypothesis is supported for the growth effect of life
    insurance. The results in non-life insurance are not as uniform as those in life insurance.
    The quasi-institution positivity, negativity, and neutrality are respectively supported in
    different institutional measures at a marginal significance level. The overall findings
    suggest that a sound institutional environment does not necessarily benefit the growth
    effect of life insurance, but an unhealthy one does deter it, and that the growth effect of
    non-life insurance is affected by specific dimensions of institutional environments.
    Relation: 2013中部學術財金研討會 論文發表
    Appears in Collections:[財務金融學系] 會議論文

    Files in This Item:

    There are no files associated with this item.



    All items in ASIAIR are protected by copyright, with all rights reserved.


    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback