Analysis of Influencing Factors of Life Insurance in Beijing Area

DOI

10.2991/icemse-17.2017.1How to use a DOI?

Keywords

life insurance, Vector error correction model, Long term influence, Short term impact

Abstract

In recent years, people have been increasingly concerned about life security in the future. Based on the data of life insurance in Beijing from 1997 to 2015, this paper analyzes the long-term impact and short-term impact of various factors, using vector error correction model. It indicates that regional final consumption expenditure and GDP have both long-term and short-term effects on the demand for life insurance. In conclusion, in long run national consumption needs to be further stimulated; in short run, proper measures should be used for publicity. Market strategy should be constantly innovated, and computer applications also need to upgrade.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qian Zhang
AU  - Xuefeng Zhang
PY  - 2017/12
DA  - 2017/12
TI  - Analysis of Influencing Factors of Life Insurance in Beijing Area
BT  - Proceedings of the 2017 2nd International Conference on Education, Management Science and Economics (ICEMSE 2017)
PB  - Atlantis Press
SP  - 1
EP  - 4
SN  - 2352-5428
UR  - https://doi.org/10.2991/icemse-17.2017.1
DO  - 10.2991/icemse-17.2017.1
ID  - Zhang2017/12
ER  -