The effect of life insurance on national production based on human development approach

Kardgar, E.; Ahrari, M.

doi:10.22056/ijir.2014.02.07

Document Type : Original Research Paper

Authors

E. Kardgar ¹
M. Ahrari ²

¹ Department of Economic Sciences, Mazandaran University, Iran

² Department of Economic Sciences, Ferdowsi University of Mashhad, Iran

https://doi.org/10.22056/ijir.2014.02.07

Abstract

Several studies have been conducted on the relationship between life insurance and economic growth, based on the views of conventional economics and within the framework of macro models of economic growth, but less attention has been paid to its development aspects. The present research tries to explain and analyze other dimensions of the effects of life insurance on national production with a development perspective. Accordingly, we used the human development index as one of the development indices to evaluate the effect of life insurance on national production and explained and analyzed the causal relationships between them. The results showed that there is a two-way non-linear causality between human development index and life insurance per capita. Also, the results show a more meaningful effect of life insurance on human development in Iran.

Keywords

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Iranian Journal of Insurance Research

The effect of life insurance on national production based on human development approach

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Volume 3, Issue 2 - Serial Number 8
April 2014
Pages 203-217

The effect of life insurance on national production based on human development approach

Letters to Editor

Send comment about this article

Volume 3, Issue 2 - Serial Number 8April 2014Pages 203-217

Volume 3, Issue 2 - Serial Number 8
April 2014
Pages 203-217