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Information Journal Paper

Title

AN APPRAISAL OF THE SIGNIFICANCE OF INSURANCE INDUSTRY IN TEHRAN PROVINCE ECONOMY

Pages

  171-196

Abstract

 In recent years, the share of finance based sectors of Tehran Province in the Iranian economy, especially in the INSURANCE INDUSTRY, has been significant. Considering that Tehran Province has the highest penetration ratio and share of the total insurance premium (2.73% and 48.1% respectively). In this paper, an input-output model is used for determining the importance of INSURANCE INDUSTRY in Tehran Province. For this purpose, first, we use an INPUT-OUTPUT TABLE OF TEHRAN PROVINCE for the year 2006. In estimating this table, we used an extended AFLQij method. Then, the importance of financial sectors in Tehran Province is measured based on the backward and forward linkages according to the Chenery-Watanabe-Rasmussen and EIGEN VECTOR methods.The results showed that the INSURANCE INDUSTRY is of high importance in Tehran Province. In 2006, the share of final demand of the INSURANCE INDUSTRY output was 49.7% which is by far lower than national average and implies high intermediate viability in the province's economy. Also the service nature of the INSURANCE INDUSTRY is recognized as contributing to production rather than consumption.

Cites

References

Cite

APA: Copy

VALINEJAD TORKAMANI, REZA, ZAREI, HAMED, & MOUSA KAZEMI, SEYED JAMAL. (2013). AN APPRAISAL OF THE SIGNIFICANCE OF INSURANCE INDUSTRY IN TEHRAN PROVINCE ECONOMY. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), 28(3 (111)), 171-196. SID. https://sid.ir/paper/100810/en

Vancouver: Copy

VALINEJAD TORKAMANI REZA, ZAREI HAMED, MOUSA KAZEMI SEYED JAMAL. AN APPRAISAL OF THE SIGNIFICANCE OF INSURANCE INDUSTRY IN TEHRAN PROVINCE ECONOMY. IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH)[Internet]. 2013;28(3 (111)):171-196. Available from: https://sid.ir/paper/100810/en

IEEE: Copy

REZA VALINEJAD TORKAMANI, HAMED ZAREI, and SEYED JAMAL MOUSA KAZEMI, “AN APPRAISAL OF THE SIGNIFICANCE OF INSURANCE INDUSTRY IN TEHRAN PROVINCE ECONOMY,” IRANIAN JOURNAL OF INSURANCE RESEARCH (SANAAT-E-BIMEH), vol. 28, no. 3 (111), pp. 171–196, 2013, [Online]. Available: https://sid.ir/paper/100810/en

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