Document Type : Original Research Paper
Authors
1 Department of Economic Development and Planning, Allameh Tabataba'i University, Tehran, Iran
2 Department of Economic Development and Planning, Azad University, Center Branch, Tehran, Iran
Abstract
In recent years, the contribution of the monetary and financial sectors of Tehran province in the country's economy, especially the insurance industry, is significant, so that in 2018, this province has the highest penetration coefficient and the largest share of the total production premium among all the provinces of the country. 2.73%, 48.1%. In this research, in order to explain the importance of the insurance industry in Tehran province, the data-output model has been used. First, the data-output table of Tehran province in 2015 was estimated using the generalized spatial share approach (AFLQij) and the importance of sectors related to financial services, especially the province's insurance industry, in terms of backward and forward linkages, in the form of three approaches: Chenery-Watanabe, Rasmussen, and Vector. Specially evaluated. The results indicate the high importance of the insurance industry in the economy of Tehran province. So that in 2015, the share of final demand from the production of the insurance industry was equal to 49.7%, which is far less compared to the similar national standard (76%) and shows the sustainability and high tension of this sector in the economy of the province. Also, the province's insurance industry, which is a part of the financial services sub-sector, has been identified as a key sector with a production (not consumption) nature.
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