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International Conference on Engineering and Business Management (EBM 2010 PAPERBACK)

Chengdu,China,China,3.24-3.26,2010

ISBN: 978-1-935068-05-1 Scientific Research Publishing, USA

Paperback 6066pp Pub. Date: March 2010

Category: Engineering

Price: $280

Title: An Empirical Analysis of Influencing Factor on Development of Insurance Industry in China
Source: International Conference on Engineering and Business Management (EBM 2010 PAPERBACK) (pp 4131-4134)
Author(s): Runfang Liu, School of Economics & Management Northwest University, xi’an,710127 China ;Xi’an University of Finance and Economics, xi’an, 710061, China
Dongming Hao, Xi’an University of Finance and Economics, xi’an, 710061, China
Abstract: Abstract: On basis of theoretical analysis for main factor affecting insurance industry, the paper analyzes the relation between six independent variables and dependent variables (premium income ) , which are disposable income, deposits, social security level, degree of market, number of college students per million people and interest rate of current deposit. By using time-series data of nearly two decades, adopting unit root test, co-integration test, granger casual relation test, the article concludes that they have a long-run equilibrium relationship with the premium income except degree of market.
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