An Appraisal on Business Efficiency of Insurance Industry of China - An Empirical Study Based on DEA Non-parameter Estimation

Author

Yanju, Liang ; Zhiguo, Gao ; Ping, Liang

Author_Institution

Coll. of Econ. & Manage., Guizhou Univ. for Nat., Guiyang, China

fYear

2010

fDate

7-9 May 2010

Firstpage

1746

Lastpage

1749

Abstract

The Competitiveness is a key of the continuous development of insurance companies, while the efficiency embodies the competitiveness. Applying Data envelopment analysis (DEA) method, this essay worked out the figures of technical efficiency, pure technical efficiency and scale efficiency. After the analysis, it is found that the insurance industry has a fatal problem on wasting resources due to both low scale efficiency and pure technical efficiency which usually exist in the domestic insurance industry. After China entered WTO, the daily management standard of the whole insurance industry did not improve markedly, although the international market changes.

Keywords

appraisal; data envelopment analysis; insurance; international trade; China; WTO; appraisal; business efficiency; continuous development; data envelopment analysis method; insurance industry; international market; pure technical efficiency; scale efficiency; Companies; Data envelopment analysis; Educational institutions; Industries; Insurance; TV; Business efficiency; Data envelopment analysis (DEA); Insurance industry;

fLanguage

English

Publisher

ieee

Conference_Titel

E-Business and E-Government (ICEE), 2010 International Conference on

Conference_Location

Guangzhou

Print_ISBN

978-0-7695-3997-3

Type

conf

DOI

10.1109/ICEE.2010.442

Filename

5593085