The research constructed varying parameter state-space model and per- formed estimation on dynamic relationship between urban-rural migration and aggre- gate consumption expenditure on basis of dual economic structure...The research constructed varying parameter state-space model and per- formed estimation on dynamic relationship between urban-rural migration and aggre- gate consumption expenditure on basis of dual economic structure. The results showed that urban consumption growth made the most contribution to aggregate consumption growth, followed by urban-rural migration caused consumption. The role of rural consumption growth kept stable, but consumption caused by population growth was decreasing. Therefore, China consumption growth mainly relies on urban consumption expenditure and urban-rural migration.展开更多
This paper analyzes the evolution of the insurance sector in Europe, focuses on the European Union （EU） member states, and considers the impact of economic and financial crisis on that sector. The European private i...This paper analyzes the evolution of the insurance sector in Europe, focuses on the European Union （EU） member states, and considers the impact of economic and financial crisis on that sector. The European private insurance market is a developed market having an investment portfolio of 7,740 billion euros in 2011, an amount corresponding to 55% of the gross domestic product （GDP） of the 32 European markets members of Insurance Europe. Therefore, the importance of this sector as a long-term investor and major employer is obvious for the stability and growth of European economy. However, the insurance sector has been considerably affected since 2009 due to the global economic and financial crisis, which has had negative effects not only on the evolution of the value of insurance premiums underwritten, but also on the return on investment of the insurance companies.展开更多
基金Supported by Programs for Science and Technology Development of Hubei Rural Practical Talents Team Office(2013LK001)~~
文摘The research constructed varying parameter state-space model and per- formed estimation on dynamic relationship between urban-rural migration and aggre- gate consumption expenditure on basis of dual economic structure. The results showed that urban consumption growth made the most contribution to aggregate consumption growth, followed by urban-rural migration caused consumption. The role of rural consumption growth kept stable, but consumption caused by population growth was decreasing. Therefore, China consumption growth mainly relies on urban consumption expenditure and urban-rural migration.
文摘This paper analyzes the evolution of the insurance sector in Europe, focuses on the European Union （EU） member states, and considers the impact of economic and financial crisis on that sector. The European private insurance market is a developed market having an investment portfolio of 7,740 billion euros in 2011, an amount corresponding to 55% of the gross domestic product （GDP） of the 32 European markets members of Insurance Europe. Therefore, the importance of this sector as a long-term investor and major employer is obvious for the stability and growth of European economy. However, the insurance sector has been considerably affected since 2009 due to the global economic and financial crisis, which has had negative effects not only on the evolution of the value of insurance premiums underwritten, but also on the return on investment of the insurance companies.
