SOCIAL MEDICAL INSURANCE AND ECONOMIC GROWTH
Journal Title: Topics in Economics, Business and Management (EBM) - Year 2018, Vol 2, Issue 1
Abstract
This paper analyzes the social medical insurance’s impact on economic growth from the perspective of physical capital and human capital. Combined with unique account of the social medical insurance model, this paper established a representative individual model to discuss the relationship between social medical insurance relationship and economic growth. Our study found that the contribution rate of personal account will produce multiplier effect on economic growth, but the contribution rate of pooling account depends on parameters in the model. The results of numerical simulation show that the higher rate of economic growth is with the lower rate of pooling account payment and the higher rate of personal account payment. We also find that the proportion of employment payment transferring to personal account is relevant to economic growth. The empirical results also verify the positive impact of social medical insurance on economic growth. The results of theoretical model, numerical simulation and empirical analysis provide a theoretical basis for speeding up the reform of the basic medical insurance system in china.
Authors and Affiliations
Zheng Lili
DISCUSSIONS ON ISSUES OF CHINA’S INTERNET FINANCE REGULATIONS AND POLICIES
China’s Internet finance has, though starting late, gained rapid development recently. Considering the environmental complexity and diversity, the difficulty of financial regulations is higher and the requirements will b...
ANALYSIS OF SERVICE QUALITY AND COMPETITIVE STRATEGY OF GREEN TOURISM
Green tourism refers to all tourism participants, including tourists, travel agencies, and tour guides, restaurants, and scenic spots, which must respect nature and protect the environment throughout the entire travel pr...
RESEARCH ON THE MOTIVATION, RISK AND COUNTERMEASURE OF HUMAN RESOURCE BUSINESS OUTSOURCING
In recent years, the rapid development of enterprises, especially the rapid development of SMEs, puts forward higher requirements for human resource management, so SMEs can make use of outsourcing to make up their own sh...
THE GREEKS OF THE PITERBARG OPTION PRICING FRAMEWORK
In this paper the Greeks are derived in the Piterbarg option pricing framework, which derives the price of an option through three unique interest rates, and collateral payments. The different scenarios of collateral pay...
AN INFORMATION SYSTEM FOR SUPPORTING THE LIBRARY CENTER OF ACADEMIC RESOURCES, THE JUDICIARY OFFICE
The paper presents the development of the information system for supporting the justice court libraries. The objectives focus on the improvement of the existing system in term of efficiency and usability. The new system...