ISSN : 2765-6934
Purpose - The article studies aims to construct the center of economy in the upriver area of Chang Jiang, and has realistic significance probing into the contribution of insurance essential factor market to economic development on the contribution role of essential factor market of insurance in financial industry development to economic growth in Chongqing in both aspects of direct and indirect contribution by the way of demonstration analysis. Research data and methodology - The data are from Statistic Yearbook in Chongqing in 1997-2008.The conclusion shows that essential factor market of insurance development falls behind of economic growth in direct aspect; BBD, BLD and FIR could pull economic growth, but ID just restrain economic growth in Chongqing. Results -The estimate coefficient sigh of BDD, BLD, FIR are plus but ID is not, it is to say the increase of bank deposit dump could impel economic growth, which is accord with general thought. Conclusions - At last, the article Having Studied on the contribution role of essential factor market of insurance in financial industry development to economic growth in Chongqing by the way of demonstration analysis.
Chen, Xin(2009), “Analysis on Economic and Social Effect of Insurance Development”, Economist, 2, 200-201.
Cheng, Gong(2009), “International Experience and Utilize of Bank Insurance”, Windows of Finance. 1, 349.
Goldsmith, R. W.(1969), Financial Structure and Development, Newhaven, USA: Yale University Press.
Huang, Haiji(2009), “Several Current Strategy Problems Faced by Insurance Development”, Finance in Hainan. 2, 63-65.
Huang, Shengwen(2009), “Study on Economy Growth in Deficient Developed Region and Insurance Resource Allocation”, Study on Regional Finance. 2, 43-45.
Hu, Ying(2008), Study on Chinese Insurance Effective Supply, Efficiency and Risk, China: SM , 166-213.
Jiang, Caifang(2009), “Study on Harmonious Development between Insurance and Economy Society”, To Seek, 2, 86-87.
Sun, Hao(2007), Study on the Risk of Implying Insurance Fund, China: Jinlin University.
Tan, Ruyong(1999), “Demonstration Study on the Relationship of Finance Development in China and Economy Growth”,Economy Study, 1999 (10), 53 – 61.
Wang, Jinliang & Wen, Xiuqing(2008), “Demonstration Analysis on Contribution of Insurance Development in Financial Industry to Economy Growth”, Transaction of Haerbin Finance High Special School, 4, 29-31.
Wang, P., Cai, W. and On, So(2009), “Study on Local Economy Construction Supported by Insurance Fund”, Strategy, 2, 45-47.
Xin, Qiaoli & Sun, Zhaodong(2008), Loan Crisis, China: Chinese Economy Press.
Xu, Jiayong & He, Kefen(2006), “Demonstration Analysis on Finance Development and Economy Growth in Ningbo: 1989-2004”, Economy Collections,2006(3),32-33.
Zhao, Zhenquan & Hul, Feng(2004), “Demonstration Analysis on the Effect of Finance Development to Economy Growth”,Finance Study, 2004 (8),94 – 99.
Zhou, Li & Wang, Ziming(2002), “Demonstration Analysis on Finance Development in Chinese Regions and Economy Growth: 1978-2000”, Finance Study, 2002 (10), 1-13.
Zhou, Ningdong & Wang, Zeng(2007), “Contributions of Finance Development to Economy Growth: A study based on panel data”,Finance and Trade Economy, 2007 (5), 86 – 92.