中国财产保险产业集中度与地区经济增长——基于动态面板模型的GMM估计

2007-2011年中国财产保险产业集中度指数HHI表明:一方面,中国财产保险产业集中程度呈下降的趋势,但是总体上还是一个比较高度垄断的市场;另一方面,经济欠发达地区的财产保险产业集中度随着经济的发展呈现显著下降的趋势;而经济相对发达的地区,由于市场竞争程度比较高,财产保险产业集中度下降趋势缓慢。同时,中国财产保险产业集中度的降低对地区经济增长是起着促进作用。最后,其它因素对地区经济增长也起着重要作用,如固定资产投资、教育支出等。这表明古典增长理论与新增长理论所反映的增长机制仍然决定着中国地区经济增长的基本面。

The index of HHI of regional industrial clusters in China from 2007 to 2011 shows that the agglomeration in property insurance industry in those developed provinces has reached a high level and the further agglomeration has appeared to slow down in recent years; on the other hand, the less developed provinces have been presenting a more apparent trend of industrial clustering, which is driven by the increasing capacity of car- rying on industry transfer. Moreover, it also shows that the regional property insurance agglomeration has played a significant role in promoting the regional economic growth. Apart from that, the other factors that contribute to regional economic growth include the investment in physical capital and human capital, the improvement of the infrastructure in telecommunications, etc. , which suggest that the main growth in China is consistent with that captured in the Neo -classical Theory. mechanism driving the regional economic growth theory as well as the New Growth