中国财险业市场结构与绩效的关系研究

发布时间：2018-03-12 19:09

本文选题：市场结构　切入点：市场绩效　出处：《南开大学》2014年硕士论文　论文类型：学位论文

【摘要】：自1980年财险业恢复起,财险市场发生了极大的变化,市场主体在不断增多,市场竞争程度也逐渐增强。但同时市场中也出现了较大的问题,如财险公司不注重发展效率、财险综合成本率较高,产品差异化程度低,车险比重过大等等。财险行业结构与绩效之间的关系仍有待解决,而这些问题也都需要理论和实践经验的指导。本文基于存在市场力量假说和效率结构假说,即SCP理论、相对市场力量BMP假说、效率结构ES假说和平静生活QL假说构建了理论框架。并在此产业组织理论框架下进行了财险结构与绩效的关系分析,研究针对我国财险业出现具体的问题,应该采用哪种理论,哪种假说。其中从行业、公司两个层面进行了一定实证研究：行业层面,运用1999年-2013年的时间序列,在VAR模型即向量自回归研究方法的基础上进行了回归,并在此基础上使用脉冲响应等对结果进行了一定梳理；公司层面,运用中国2009-2012年的39家中外财险公司面板数据进行了计量估计。最终本文得出的结论是：从行业层面来讲,保险市场集中度HHI的提高对市场绩效ROP有较强的正面影响,市场绩效ROP的提高对保险市场集中度HHI的影响很微弱几乎趋于零。该假说与SCP假说内容基本一致,也就是说市场结构与绩效之间只存在这类稳定关系的。公司层面来说,整体财险公司市场份额对于其经营绩效的影响很小。基于以上研究,提出了几点政策建议：行业层面,财险业市场业结构未来改革与发展的方向应该引入多样化的市场主体,满足多样化竞争、差异化竞争。除此,也要给予中小保险公司足够的政策支持和发展空间。公司层面,并不是说明一定为高的市场份额,采用高回扣、高佣金等便是正确的战略选择。而是应该提高相关的效率,降低综合成本率等。另外,在监管方面,应完善监管机制,市场退出机制等,即建立市场化的准入退出机制。
[Abstract]:Since 1980, the property insurance industry has recovered, the property insurance market has undergone great changes, the market main body is increasing, the market competition degree is also gradually strengthened. But at the same time, there are also big problems in the market, such as property insurance companies do not pay attention to the development of efficiency. The comprehensive cost rate of property insurance is high, the degree of product differentiation is low, the proportion of automobile insurance is too large and so on. The relationship between property insurance industry structure and performance still needs to be solved, and these problems also need the guidance of theory and practice experience. This paper is based on the existence of market forces hypothesis and efficiency structure hypothesis, that is, SCP theory, relative to market power BMP hypothesis, The efficiency structure es hypothesis and the quiet life QL hypothesis construct the theoretical framework. Under the framework of the industrial organization theory, this paper analyzes the relationship between property insurance structure and performance, and studies which theory should be adopted in view of the specific problems of property insurance industry in China. Which kind of hypothesis. Among them, we have carried out certain empirical research from two levels of industry and firm: industry level, using the time series from 1999 to 2013, based on the VAR model (vector autoregressive analysis). On this basis, we use impulse response to sort out the results. At the company level, we use the panel data of 39 Chinese and foreign property insurance companies from 2009-2012 to estimate the results. Finally, the conclusion of this paper is as follows: from the industry level, The increase of insurance market concentration HHI has a strong positive effect on the market performance ROP, and the improvement of market performance ROP has a weak effect on the insurance market concentration HHI. This hypothesis is basically consistent with the SCP hypothesis. In other words, there is only such a stable relationship between market structure and performance. At the corporate level, the market share of the whole property insurance company has little effect on its operating performance. Based on the above research, several policy suggestions are put forward: at the industry level, the direction of future reform and development of property insurance market structure should introduce diversified market subjects to satisfy diversified competition and differentiated competition. It is also necessary to give small and medium-sized insurance companies sufficient policy support and space for development. At the corporate level, it does not mean that a high market share is certain. The adoption of high rebates and high commissions is the correct strategic choice. Instead, the relevant efficiency should be improved. In addition, in the aspect of supervision, we should perfect the supervision mechanism, the market exit mechanism and so on, that is, to establish the market-oriented admittance and exit mechanism.
【学位授予单位】：南开大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F842.65;F224

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