Family ties and commercial health insurance consumption in China

Autor:	Yugang Ding, Hua Chen, Ruixian Li, ShanShan Mou
Rok vydání:	2021
Předmět:	Consumption (economics) Economics and Econometrics Index (economics) business.industry Instrumental variable Affect (psychology) General Business Management and Accounting Accounting Demographic economics Business Endogeneity China Finance Risk management Consumer behaviour
Zdroj:	The Geneva Papers on Risk and Insurance - Issues and Practice. 48:247-265
ISSN:	1468-0440 1018-5895
Popis:	Studying the factors that influence commercial health insurance consumption is essential in insurance economics. Family ties are important factors that affect consumer behaviour, especially in Eastern countries such as China. We construct an index to measure family ties and examine their effect on commercial health insurance consumption. We also use an instrumental variable approach to address endogeneity and apply a complementary log–log regression to deal with rare-event bias. We find that family ties have significantly positive impacts on individuals’ and families’ commercial health insurance consumption. The effect of family ties on commercial health insurance consumption is greater in individuals/families with higher income levels, those in eastern provinces, and those who are older.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f75c79e27e0317ddd87ae45f74508d3d https://doi.org/10.1057/s41288-021-00242-6 Zobrazit plný text záznamu Full text from SpringerLink