Dalian Maritime University Researchers Have Provided New Study Findings on Scientific Programming (Measuring Total Factor Productivity of China Provincial Non-Life Insurance Market: A DEA-Malmquist Index Method): Scientific Programming

2021 OCT 13 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A new study on scientific programming is now available. According to news originating from Dalian Maritime University by NewsRx editors, the research stated, “The unbalanced economic development results in the difference in operating efficiency of the non-life insurance industry in China’s provinces; based on the DEA-Malmquist index method, this paper investigates the provincial differences, dynamic change characteristics, and causes of non-life insurance productivity in 31 provinces of China from 2004 to 2017.”

Financial supporters for this research include National Natural Science Foundation of China.

Our news journalists obtained a quote from the research from Dalian Maritime University: “The results show that in the sample period, there are significant differences between provinces and regions in China’s non-life insurance efficiency, which generally shows the echelon spatial characteristics of ‘strong in the west and weak in the east’. Technological progress in the western region promotes the rapid growth of total factor productivity, while the low efficiency of technological progress in the eastern region restrains the improvement of total factor productivity. The overall total factor productivity of China’s provincial non-life insurance industry is on the rise, mainly due to the improvement of pure technical efficiency and scale efficiency, while technological progress has an inhibiting effect on the contrary.”

According to the news reporters, the research concluded: “These conclusions are of reference value for relevant stakeholders in China’s provincial non-life insurance market to formulate development strategies and business strategies.”

For more information on this research see: Measuring Total Factor Productivity of China Provincial Non-Life Insurance Market: A DEA-Malmquist Index Method. Scientific Programming, 2021,2021. (Scientific Programming - https://www.hindawi.com/journals/sp/). The publisher for Scientific Programming is Hindawi Limited.

A free version of this journal article is available at https://doi.org/10.1155/2021/3022658.

Our news editors report that additional information may be obtained by contacting Fangping Yu, Dalian Maritime University.

(Our reports deliver fact-based news of research and discoveries from around the world.)