Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2142824
Insurance density and the digital economic development: a China perspective
Xiao Hui Chen
Li Zhang
Sažetak
The digital economy is an important starting point for China’s highquality
economic development, and insurance density is a key variable
for measuring the development of the insurance industry. Can
increasing insurance density promote digital economic development?
Based on China’s provincial digital economic development
index from 2013 to 2021, this study explores this question. The
results show that a positive U-shaped nonlinear relationship
between insurance density and digital economy, and there is an
inflection point in insurance density. When insurance density is lower
than the inflection point, an increase in insurance density will inhibit
digital economic development; when it exceeds the inflection point,
a further increase in insurance density will promote digital economic
development. Furthermore, there is a positive U-shaped nonlinear
relationship between insurance density and traditional technological
innovation, which is conducive to digital economic development. As
such, insurance density affects digital economic development
through the transmission of traditional technological innovation. The
findings have reference significance for developing countries to
improve their insurance penetration rate and develop their digital
economy to promote economic development.
Ključne riječi
Insurance density; digital economy; technological innovation; positive Ushaped nonlinear relationship
Hrčak ID:
306796
URI
Datum izdavanja:
30.4.2023.
Posjeta: 149 *