| Life-insurance Efficiency in China: A Comparison of Foreign and Domestic Firms | |
| Chen, Bingzheng ; Powers, Michael R. ; Qiu, Joseph | |
| 2010-10-12 ; 2010-10-12 | |
| 关键词 | efficiency life insurance scale economy technical progress F23 G22 C61 INDUSTRY SCALE Economics |
| 中文摘要 | The Chinese life-insurance industry has experienced major structural changes in recent years, primarily because of increasing demand and the entry of foreign insurers. Although the market is clearly booming, the efficiency of its growth and development is unclear. In this paper, we evaluate the efficiency of life insurers operating in China and compare foreign firms with domestic firms. We find that foreign insurers have not brought efficiency into the Chinese market, and that the market is still dominated by domestic giants. However, the gap between foreign insurers and domestic insurers is narrowing. After testing hypotheses regarding scale economy, technical progress and potential improvements, we discuss several issues of importance to life insurers, market investors and government regulators. |
| 语种 | 英语 ; 英语 |
| 出版者 | WILEY-BLACKWELL PUBLISHING, INC ; MALDEN ; COMMERCE PLACE, 350 MAIN ST, MALDEN 02148, MA USA |
| 内容类型 | 期刊论文 |
| 源URL | [http://hdl.handle.net/123456789/80737]  |
| 专题 | 清华大学 |
| 推荐引用方式 GB/T 7714 | Chen, Bingzheng,Powers, Michael R.,Qiu, Joseph. Life-insurance Efficiency in China: A Comparison of Foreign and Domestic Firms[J],2010, 2010. |
| APA | Chen, Bingzheng,Powers, Michael R.,&Qiu, Joseph.(2010).Life-insurance Efficiency in China: A Comparison of Foreign and Domestic Firms.. |
| MLA | Chen, Bingzheng,et al."Life-insurance Efficiency in China: A Comparison of Foreign and Domestic Firms".(2010). |
| 个性服务 |
| 查看访问统计 |
| 相关权益政策 |
| 暂无数据 |
| 收藏/分享 |
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
修改评论