Title :
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
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;
Conference_Titel :
E-Business and E-Government (ICEE), 2010 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-0-7695-3997-3
DOI :
10.1109/ICEE.2010.442
