Does insurance-growth nexus hold for Malaysia?

被引:1
作者
Anwer, Zaheer [1 ]
Ahad, Muhammad [2 ]
Imran, Muhammad [3 ]
机构
[1] Univ Lahore, Lahore Ctr Excellence Islamic Banking & Finance, Lahore, Pakistan
[2] Univ Lahore, Lahore Business Sch, Lahore, Pakistan
[3] Inst Management Sci PAK AIMS, Lahore, Pakistan
关键词
PROMOTE ECONOMIC-GROWTH; UNIT-ROOT TESTS; FINANCIAL DEVELOPMENT; MARKET DISCIPLINE; ERROR-CORRECTION; CROSS-COUNTRY; COINTEGRATION; TIME; PENETRATION;
D O I
10.1111/apel.12273
中图分类号
F [经济];
学科分类号
02 ;
摘要
The study investigates the impact of insurance activities on economic growth in Malaysia over the period 1990-2015. Combined cointegration in the presence of identified structural breaks was used to confirm the existence of long-run relationships among economic growth, insurance activities, human capital, physical capital, and industrial production. The findings indicate feedback effects between insurance activities and economic growth in the long run. The study provides new insights for policymaking to enhance economic growth via insurance activities.
引用
收藏
页码:108 / 120
页数:13
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