保险发展、产业间资源配置与经济增长

Insurance Development,Inter-industrial Resource Allocation,and Economy Growth

保险是配置和管理风险的重要制度,也具有资金融通功能。本文先说明了不同产业对保险部门的需求程度不同,然后,考虑到一个地区中各产业的增长潜力会受到“全国因子”和“地区发展阶段”的影响,构造了中国省级地区的两两配对的样本。在控制了经济、社会和地理方面的因素后,对2005-2017年数据的回归分析发现:(1)整体保险发展程度更高的两个地区的产业增长方式更相近;(2)保险发展对经济增长的影响主要来自于人身保险的发展。本文检验并支持了保险发展可以通过影响产业间资源配置而促进经济增长的观点。本文采用的经验研究设计可以用于研究中国保险业发展对经济社会影响的其他一些问题。

Insurance is an important system for risk allocation and management and also has the function of financing.This paper analyzes the levels of demand for insurance in different industries.As the potential of growth in each industry in a region is influenced by the“national factor”and the“regional development stage”,this paper constructs pairwise samples of provincial level regions in China.After controlling economic,social and geographical factors,the regression analysis of data from 2005 to 2017 finds that:(1)the regions with more developed insurance have more similar industrial growth pattern;(2)the impact of insurance development on economic growth mainly arises from life insurance development.The results suggest that insurance development promotes economic growth by influencing inter-industrial resource allocation.The empirical research design applied by this paper can be applied to more topics on the impacts of insurance industry development on economic or social development in China.