DOI QR코드

DOI QR Code

A Comparative Study on Economic Effect of life insurance and indemnity insurance Industry

생명보험산업과 손해보험산업의 경제적 파급효과 비교 분석

  • Received : 2010.12.01
  • Accepted : 2011.02.10
  • Published : 2011.02.28

Abstract

The interest in personal health is now growing around the world. Accordingly, the insurance industry which is closely related to personal health is becoming more important. Insurance industry can be divided into to main stream, life insurance and indemnity insurance. This study attempts to compare the economic impacts of the life insurance industry and indemnity insurance industry using an inter-industry analysis. The study investigates production-inducing effect, value added inducing effect, employ-inducing effect, sectoral price effect using Exogenous specification. The results show that indemnity insurance industry induces production-inducing effect of 2.7 won, value-added-inducing effects of 1.6 won, employ-inducing effect of 26.9 person, sectoral price effects is 2.0%. On the other hand, life insurance industry induces production-inducing effect of 1.6 won, value-added-inducing effects of 1.0 won, employ-inducing effect of 16.5 person, sectoral price effects is 1.2%. Overall, indemnity inducements has higher economic impacts than life insurance.

Keywords

Life insurance;Indemnity insurance;Inter-industry analysis

References

  1. 강광하, "산업연관분석론", 연암사, 2000.
  2. 김종국, 송덕진, "생명보험산업의 국민경제 효과에 관한 연구", 보험학회지, 제80집, pp.203- 238, 2008.
  3. 남상욱, "한국 생명보험업의 경쟁도에 관한 실증연구", 보험학회지, 제85집, pp. 1-27, 2010.
  4. 이정우, 유한주, " 한국 보험산업의 서비스품질 결정요인에 관한 연구", 품질경영학회지, 제31권 제1호, pp. 42-61, 2003.
  5. 이원돈, "자동자보험은 적자산업인가?", 보험학회지, 제79권, pp. 221-245, 2008.
  6. 안경애,이해춘, "한국 생명보험 산업의 DDF 생산효율성 분석", 생산성논집. 제21권 제3호, pp.123-151, 2007.
  7. 한국은행, 2005년 산업연관표, 2008.
  8. Ghosh,A, "Input-Output Approach to an Allocative System", Economica, 25(1), pp. 58-64. 1958. https://doi.org/10.2307/2550694
  9. Wu, R. H. and C. Y. Chen, "On the Application of Input-Output Analysis to Energy Issues", Energy Economics, 12(1), pp. 71-76. 1990. https://doi.org/10.1016/0140-9883(90)90010-D

Cited by

  1. Analyzing the economic impact of leading industry R&D for an economic region with regional input-output tables vol.13, pp.6, 2012, https://doi.org/10.5762/KAIS.2012.13.6.2514