An Analysis of the Effect of Insurance Investment Scale on Chinas National Economic Growth
Insurance investment is playing an important role in promoting economic development because of its special function and nature. As the insurance industry is developing, the insurance investment scale is expanding constantly and its effect on the national economy is more and more profound. This article analyzes the mechanism of the effect first, then gives an empirical analysis between the insurance investment scale and the economic growth on the basis of the unit root test, co-integration theory, Granger causality test and the error correction model, and finally gives the conclusion and suggestion.
insurance investment economic growth cointegration theory the error correction model
TIAN Ying
School of Economics and Management, Beijing Jiaotong University, Beijing, China, 100044
国际会议
大连
英文
174-179
2011-06-30(万方平台首次上网日期,不代表论文的发表时间)