期刊名称:International Journal of Economics and Research
电子版ISSN:2229-6158
出版年度:2011
卷号:2
期号:2
页码:1-9
出版社:Sanben Agency
摘要:There are many empirical studies which focus on relationship between financial development and economic growth, however, when we analyse these studies, we see that these studies are mostly about the relationship between stock market and economic growth or banking sector and economic growth. On the contrary, there are not many studies about the relationship between insurance sector and economic growth. For this reason, the aim of this paper is the testing the role of insurance in changing economic growth using data of twenty-nine countries from 1999 to 2008 (Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Irland, Italia, Japan, Turkey, South Korea, Luxemburg, Mexico, Holland, Norway, Poland, Portugal, Slovakia, Spain, Sweden, Switzerland, England and USA). After the analysis was completed, we found positive relationship between insurance and economic growth.
关键词:Insurance Sector; Economic Growth; Panel Data Analysis